IVZ 2.82% 7.3¢ invictus energy ltd

Recon Africa Vs IVZ, page-35

  1. 3,862 Posts.
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    Recon have their own drill rig, are fully funded for 6 wells and have done it so far without a farm in partner. Scott will be looking at this and saying that'll be us - drill ourselves and we are looking at a $2 bill MC.

    Seems Recon are still looking for farm out though, once results are in and ... likely to help them fund the processing and transport of the oil (via road and rail, 500km or whatever it is, to port ... ouch!).

    We need 2 wells and have gas piping infrastructure at our doorstep ... boom! Who needs to farm out
 
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