IVZ 1.47% 6.7¢ invictus energy ltd

JRI IVZ Fireside Chat - March 26, page-53

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    @Gharp. I accept that a one-off hydraulic frac operation will add higher cost than normal to the well operations, but there may be opportunities for making such operations more cost-effective when working on future development wells by performing fracking campaigns (frac several wells in quick succession) and by setting up a frac equipment supply base within relatively close proximity to the well operations. A study should be initiated to assess how frac operations may be streamlined.

    Wireline conveyed propellant guns for creating multiple fracs to remove skin damage should be planned now to ensure they are onsite in time.
 
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