IVZ 3.70% 5.6¢ invictus energy ltd

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  1. 3,971 Posts.
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    I think people misinterpreted Scott about increasing net pay when he used the Perth Basin as an example. What he meant was the first couple of wells in that basin had smallish net pays but largely increased as better interpretations and 3d seismic found better well spots locations and structures to drill. So I very much doubt that net pay will increase at these locations only really at mk2 as the drill goes deeper. He was even asked in the recent chat what were the cutoffs for net pay and it looked like tightness of sands and reservoir quality so porosity is not going to suddenly improve with these lab results.
 
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