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Tuesday, December 5, 2023
Invictus Energy has recommenced controlled drilling of the Mukuyu-2 sidetrack well in the 8½” hole section and the well has reached 2,987 meters measured depth towards the base of the Upper Angwa formation.
Invictus reports that multiple zones with elevated mud gas and fluorescence were encountered and strong gas shows have been observed with marked increases from C1 to C5 compounds (methane, ethane, propane, butanes and pentanes) consistent with the Mukuyu-2 original wellbore.
The Exalo Rig 202 will drill ahead towards the sidetrack section Total Depth at approximately 3,400 meters measured depth through the remaining Upper and Lower Angwa reservoirs where multiple hydrocarbon bearing zones were intersected in Mukuyu-2.
Following the conclusion of the drilling of the 8 ½ inch hole section, the sidetrack well will be logged including wireline formation testing and final results provided. The completion of the sidetrack will also allow for the well to be suspended for future flow testing through running the 7-inch liner over this interval and retain the ability to drill, evaluate and test the remaining portion of the Lower Angwa in 6-inch hole in future operations where over pressured gas bearing reservoirs were encountered in the original Mukuyu-2 wellbore.
In a December 5 announcement, the company also announced that Invictus Energy Ltd (IVZ) will be placed in trading halt at the request of IVZ, pending it releasing an announcement. Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Thursday, 7 December 2023 or when the announcement is released to the market.
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