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Invicta Energy Corp V.VCA



TSXV:VCA - Post by User

Post by BlindBat_1on Dec 02, 2012 8:18pm
147 Views
Post# 20673031

Question if I may....

Question if I may....

Looking at taking a bite, but 2 items which I have not found the answers for in the Presentations or MD&A. If I may ask maybe someone here can answer.

The easy one first:

  • Who is their local partner?
  • Is it the same for all properties including Alberta?

This one might be harder to answer given the relative youth of the producing wells, but I'll ask just the same - to date : has there been indication of Oil depletion on a per well basis or esimated lifespan of  a well? I see that their abandonnement forecast in terms of financial impact is roughly kicking in in 2017 and onward. As there to date been any mention what so ever about production rates going down on any well?

Given they are adding so many wells, a tad hard to figure out individual well performance sort of speak and just as important lifespan. Any words on that front? From them or similar wells from others?

I'm not familiar with the plays in SK or AB, more into International plays - but this one here keeps coming back on my radar screen - and thinking of biting before year end. 

Your help would be appreciated.

Thank you.

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