IVZ 1.61% 6.3¢ invictus energy ltd

Anyone who has invested in oil and gas know delays are to be...

  1. 2,019 Posts.
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    Anyone who has invested in oil and gas know delays are to be expected.

    What is ideal and rarely found on a wildcat drill I have partially quoted from announcement.

    From 3070m only due to equipment failure.
    Full wireline log of multiple zones expected on announcement.

    100% fluorescence indicating condensate or light oil.
    Elevated mud gas peaks 65 times above background gas baseline to C1 to C5 compounds(methane, ethane, propane, butanes and pentanes).

    All of the above is what I based my logic and decision to invest. Enough evidence I would suggest that a successful wireline will surpass these results with the porosity expected from geo reports.

    Is it possible I could bleed still with the best available information at hand? Yes!

    Is that bleeding terminal? No!
    It would irresponsible of myself to weight my portfolio on the success of one share.


 
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