IVZ 12.8% 8.8¢ invictus energy ltd

Its even more complicated as imagine if the dice we are using...

  1. 30 Posts.
    lightbulb Created with Sketch. 26
    Its even more complicated as imagine if the dice we are using may or may not even have a 6 painted on it!

    Roll as many times as you like, without a 6 painted on it, you'll never hit.

    In our case, we are pretty comfortable knowing there is oil present, so of the 4 major factors source rock and migration are not too big a risk, it will be Reservoir and Trap that will make or break us. After a long time holding, I can't wait to find out.

    Source Rock (material from which hydrocarbons form), Migration (whether these hydrocarbon can migrate out of the source rock - Oil seep that we have found shows yes), Reservoir (Porous rock or open fractures present to contain the seeping hydrocarbon) and Trap (how good a seal the reservoir has - no good if it all seeps to the surface)
 
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