The latest from IVZ’s Managing Director Scott Macmillan

Our 2020 Energy Pick of the Year Invictus Energy (ASX: IVZ) just put out an update from its Managing Director - Scott Macmillan.

Scott touched on all of the milestones the company has ticked off and what's to come before drilling at Mukuyu-2 starts later in this quarter.

Check out the short 2 minute video below:

(Source)

What’s next for IVZ?

Drilling Mukuyu-2 in Q3 this year:

IVZ is currently completing well pad construction before it starts mobilising its drill rig onto the Mukuyu-2 well site.

IVZ’s rig is “warm stacked” meaning it is warmed up and ready to go once IVZ is ready to start drilling.

Drilling is targeted for Q3 of this year.

2D Seismic programs across eastern part of project.

IVZ has already started its 2D seismic program across the eastern part of its project.

We expect the program to be run in the background while IVZ drills its Mukuyu-2 well.

The seismic program is expected to finish in July and the processing and interpretation of the data to take place over H2-2023.