You'd have to say that they have drilled 3 holes and not got a gas flow.
Its a long bow to draw to say that hole problems tool failure caused this.
Smart money is the rocks are no good
If it takes 5-5 wells to find a bit of permeability that they can get a puff of gas out of, then the project is seriously compromised.
Not bagging anyone, just don't want to see mums and dads getting cleaned out.
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IVZ
invictus energy ltd
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What’s the plan if the sidetrack fails?, page-5
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Last
5.0¢ |
Change
-0.002(2.91%) |
Mkt cap ! $80.17M |
Open | High | Low | Value | Volume |
5.1¢ | 5.1¢ | 5.0¢ | $66.24K | 1.302M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 340340 | 5.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.1¢ | 38000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 340340 | 0.050 |
8 | 660708 | 0.049 |
5 | 972071 | 0.048 |
4 | 440217 | 0.047 |
3 | 136215 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 20000 | 1 |
0.052 | 220000 | 2 |
0.053 | 196742 | 3 |
0.054 | 232530 | 2 |
0.055 | 1130219 | 9 |
Last trade - 11.08am 10/07/2025 (20 minute delay) ? |
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IVZ (ASX) Chart |