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I am bullish here too. Brent and Scott have been working on this for years desperate to daylight the value and size of this asset. now they have their chance! these boys are oil men not finance men. they will move this asset to drill ready as quick as they can and they will have no problem farming down. 3 key ingredients giant target, high chance of success and low cost drill. mouth watering to any E&P company.

the company chose to omit the size of the target here from their IPO presentation but invictus previously have confirmed the size. my guess is they chose to omit because the acquisition was not sealed at the time. i reckon the reprocessing of the 2 d seismic is well advanced and results will be the fuel to take this to $60mn in no time