IVZ
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4.23% 7.4¢ invictus energy ltd

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  1. Davy Boy
    16,561 Posts.
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    21/06/22
    10:23
    Post #: 62107482
    Thought I'd start a thread with a nearest the pin for both seismic upgrade and farm in deal [ or not ].
    Will be interesting to look back and see who was dreaming......and who wasn't.
    I'll start.
    Seismic
    Mukuyu 1 I'm going with 12 TCF and 300 mmbbls
    Shelf Edge 3TCF and 400 mmbbls
    For a total of 15TCF and 700 mmbbls .

    Farm in.
    I believe there will be a farm in and I'm thinking if my above numbers are close that we will get
    ~60% drilling costs for 25%.
    25% = 3.75 TCF and 175 mmbbls for ~ $16.5 million US or $23.5 million Au.


    IVZ Price at posting: 16.5¢ Sentiment: Buy Disclosure: Held
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