Potential for Mukuyu-1's Results to be Above Market Expectations, page-11

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petere

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29/06/23

09:32

Post #: 68526709
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Originally posted by VOGC: ↑

Hi All,

For those interested, just Posting a summary of my review into the potential areas for Mukuyu-1's results to be above current Market expectations.

I've noted a few posters recently showing concern that the length of time it is taking to release the SWC & other results may indicate less than good results. What quite often happens with results from play / basin opening wells, as is Mukuyu-1, is that "final" results from some analyses have to be revised due to incoming information / data from other areas or more detailed analysis from the same area - this is due to the very limited data set that people have to work with i.e. only one well!

Another area that has me confident of positive results is that of having an understanding (having worked in the oil & gas exploration industry) of the parlance used in oil & gas exploration. As I've mentioned before SM has been making some very strong / positive statements that he is not making just off-the-cuff. He has considerably more information / knowledge than has currently been released as he waits for information in each discipline to be finalised before release it to the market.

Slides below should be self-explanatory.

GLTAH
Cheers
VOGC

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VOGC,
I think one other point that some may have missed is related to a comment that Scott made at the 58:50 mark in the following video.

(647) Invictus Energy Shareholder Briefing by Managing Director Scott Macmillan - 22 March 2023 - YouTube

He references a 200 psi over balance pressure at the top of the Pebbly Arkose. This would equate to ~600m gross gas hydrocarbon column in the Pebbly Arkose if it was gas. It would be much less if liquids.

For the Upper Angwa the gross column would be larger....

Last edited by petere: 29/06/23

IVZ Price at posting: 10.5¢ Sentiment: Buy Disclosure: Held
22 Upvote

8 Great analysis

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