IVZ invictus energy ltd

IVZ Share Price, page-532

  1. 18,447 Posts.
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    Spud date and x marks the spot are not linked really. The drill contractor will need more than 3-4 months, especially with Christmas in the middle to get all the relevant authority approvals for the rig, which is likely to be outside of Zimbabwe, as well as transportation.
    My understanding is its about 150 semi trailers of gear.
    That will require a lot of forward planning IMO that's why I think the rig contract and spud date will be sooner rather than later.
    X marks the spot will be chosen after the new seismic absolutely.


 
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