Harare: Zimbabwe 's mines minister on Monday said the discovery of oil, helium and hydrogen in the remote northeast would revive its ravaged economy. An Australia Stock Exchange (ASX)-listed miner, Invictus Energy, which is exploring oil in Muzarabani, Zimbabwe, has confirmed the presence of gas and liquid hydrocarbons in north-east Zimbabwe.. In a report seen by Pindula News, Invictus said results from exploration have prompted the mining company to keep the drilling rig in Australian company Invictus Energy has confirmed the presence of light oil, rich natural gas-condensate, and helium at its 80%-owned Cabora Bassa project in Zimbabwe. The company confirmed the presence of multiple oil and gas pay zones in sandstone reservoirs, while announcing mud gas compositional analysis of samples from HARARE, Nov 2 (Reuters) - Australian-listed Invictus Energy said on Friday it had not found oil and gas deposits in northern Zimbabwe but there were indications of a “working petroleum system Zimbabwe’s oil find, is big news. It is big news for a number of reasons not least of which is the timing of its announcement. Notwithstanding the dispute of the size of the find and the stage Invictus Energy Limited is an Australia-based independent upstream oil and gas company. The Company is focused on energy resources in sub-Saharan Africa. Its asset portfolio consists of , hectares within the Cabora Bassa Basin in Zimbabwe, SG and EPOs /49 contain the Mukuyu and multiple Basin Margin prospects Invictus Sets September Target for Zimbabwe Oil, Gas Drilling. Project is seen as potential game-changer for African nation. Exxon Mobil prospected in the region
Australian energy group Invictus finds gas in Zimbabwe
Invictus confirms Zimbabwe gas, oil deposits March 1, Staff Reporter Business, Main 0. Invictus Energy finishes major 2D survey over Mzarabani prospect as it prepares to drill wildcat next year Exxon abandoned its plan for exploration work in Zimbabwe in the s after concluding that any discoveries were more likely to hold gas than oil. Invictus owns an 80% stake in the Cabora Bassa Invictus Energy said in a statement that results from an analysis of samples from drilling conducted last year confirmed “the presence of light oil and rich natural gas Invictus Energy, an Australia-listed oil and gas exploration company, announced on December 7 a gas discovery in the Mukuyu-2 well at its Cabora Bassa project in Zimbabwe. “The Mukuyu-2 discovery, 7 km away and meters updip of the Mukuyu-1 well, which can subsequently be classified as a discovery, provides confirmation of the Africa-Press – Zimbabwe. Australian-listed Invictus Energy Ltd, an independent oil and gas exploration company focused on high-impact energy resources in sub-Saharan Africa, has issued an update on oil drilling in Muzarabani, Zimbabwe stating that they have encountered some setbacks.. Invictus made the announcement in Official Site · Wide Selection of Books · Fast & Reliable ShippingTypes: Architecture, Photographie, Mode, Art, Film Invictus Energy commences second phase of oil, gas exploration | [HOST] 15th June Business. Spread This News. By Reason Razao.
Zimbabwe says it just made a significant gas discovery - News24
8 May Chat (Harare) By Lovejoy Mutongwiza. Invictus Energy ([HOST]), an Australia-listed company, announced on Monday that it has confirmed the presence of Presentations. 07 September - Good Oil Investor Presentation. 21 March - Investor Presentation In its previous update, Invictus said it was preparing to drill a further 1 metres (m) to their planned total of 3 m at its Mukuyu-2 drilling site after identifying further oil and gas Invictus Energy, an Australian-listed company, has made remarkable progress in the exploration of oil, gas, and helium reserves in Zimbabwe. Through extensive drilling and meticulous analysis, the company has confirmed the presence of light oil and rich natural gas-condensate. It also found commercial quantities of helium gas As a result of the fresh ERCE analysis, the Cabora Bassa portfolio of Invictus houses an estimated prospective resource base of billion barrels of oil equivalent in Spread the love. PERTH ([HOST]) – Upstream oil and gas company Invictus Energy has launched a share purchase plan (SPP) to raise up to A$million to fund exploration at its 80% owned Invictus kick-starts drilling at Mukuyu 2. In a market update on Thursday, the upstream oil and gas firm said Mukuyu-2 will be drilled to a planned total depth of 3 metres. INVICTUS Energy