IVZ 2.86% 6.8¢ invictus energy ltd

Value in Drilling Mukuyu-2 as the Next Well & ASAP

  1. 324 Posts.
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    Hi All,

    The next well to be drilled and its timing is obviously at the front of most Posters minds. I'm of the opinion that Mukuyu-2 should be the next well and should be drilled ASAP. I've outlined my reasoning in Slides 1 & 2.

    In my last Post, I put forward my doubts on acquiring a 3D over Mukuyu until further 2D is acquired to firm up the structure's western flank - link below. A possibility exists of acquiring a smaller 3D for specifically targeting a Mukuyu-2 crestal location (Slide 3). This 3D area could then be extended as & when required to cover the whole structure - very likely once additional 2D is acquired to tie down the structure's western closure area.
    INVICTUS ENERGY LTD (ASX:IVZ) - Upcoming JRI-Invictus Webinar Questions, 65989670, page-389 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum


    GLTAH
    Cheers
    VOGC

    https://hotcopper.com.au/data/attachments/5020/5020016-63b660d0862b978da5e4b128998f5b98.jpg

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