IVZ 1.72% 5.9¢ invictus energy ltd

Oct. 28 9:30 AM AWST JRI live Q&A with Scott, page-12

  1. 6,322 Posts.
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    Thanks for doing this.

    I would like to know:
    - can Scott provide a bit more technical explanation around why they are confident that within as little as 50m from the current well, the 200 horizon will not be tight.
    - given the large shale area has allowed for the setting of the casing in a very competent shale with a lot of pore pressure to play with, does this impact the likelihood that the drill will be able to reach the lower angwa which is not currently expected to be reached (ie can we drill deeper than first planned?)
    - Do we required / do we have approvals to drill subsequent wells post Baobab-1 or will we need to go through an approval process. If so what are the timeframes around that and will the rig still be in country.
    - As Scott stated, the performance of the drill services provider has been disappointing. What is being done to rectify this going forward?
 
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