IVZ 7.95% 8.1¢ invictus energy ltd

I acknowledge that Kiwigeo usually creates interesting an...

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    I acknowledge that Kiwigeo usually creates interesting an accurate posts and I thank him for that. However, on this occasion there was a suggestion that if the Upper Angwa was tight, then lots of wells would be required as in the unconventional shale reservoirs of the States. I really not think we'll see permeabilities as low as 0.1 mD as in tight gas sands. I also believe it is highly likely that gas condensate will be present in the Upper Angwa and the Pebbly Arkose, so in my opinion, given that gas can produce at commercial rates from poor quality rock, I would be very surprised if the M2 flow test was not commercially viable. All in my opinion only.


 
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