Invictus, which is an independent oil and gas exploration firm whose only asset is in Zimbabwe, is using data first generated by Mobil Oil during its studies in the s. Chitando said Invictus had made more progress than Mobil because it had a better knowledge of the Muzarabani basin which had a similar geological structure to Uganda Logging is currently under way on the inch hole section, which reached a depth of 3, metres. The Upper Angwa section, which had been the primary target, is at a depth of around 2, metres In a remarkable development for Zimbabwe’s energy industry, Invictus Energy Ltd. has made its maiden discovery in the country’s Cabora Bassa basin with encouraging commercial gas results from the Mukuyu 2 well, as detailed in a regulatory filing. Situated only seven kilometers from Mukuyu 1—where the Australian firm Announcements. 28/02/ Response to ASX Query. 21/02/ Mukuyu recognised 2nd largest Sub-Saharan Africa discovery. 16/02/ Invictus Energy – How to apply for Entitlement Rights Offer. View All SG + EPOs /49 IVZ 80% & Operator. Mukuyu is one of the largest conventional oil & gas prospects in onshore Africa, defined by high quality data set. Successful basin opening Mukuyu-1 wildcat well confirmed working hydrocarbon system with 13 gas-condensate zones interpreted from wireline logs Australian firm Invictus plans forest protection projects covering more than , hectares, or , acres, of indigenous forest in western
Invictus makes second gas discovery at Mukuyu-2 well in Zimbabwe
A milestone for both the country and regional energy sector at large, independent oil and gas company Invictus Energy has announced a gas discovery at the Mukuyu-2 well in Zimbabwe. The discovery builds on successful drilling activities conducted at the Mukuyu-1 well in and has opened up a new resource basin 0 July 5, PM. Source: Zimbabwe: Oil Drilling Expected To Commence In August – Invictus. Prospective drilling for oil and gas in Muzarabani, Mashonaland Central Province, is expected in August after customs clearance delays for the drilling rig in both Tanzania and Mozambique. The task was initially set for June after the Exalo Invictus has begun mobilising a drilling rig, which is estimated to cost over US$20M. The energy firm is considering the option of hiring rigs that are HARARE, May 8 (Reuters) - Australia-listed Invictus Energy ([HOST]) on Monday confirmed the presence of light oil, gas condensate and helium at its Cabora It will also allow Invictus to sell fully offset oil and gas production from its portfolio, enhancing its appeal to increasingly carbon-conscious buyers but help ensure preservation of Zimbabwe’s rich biodiversity, aiding both forestry and wildlife conservation efforts, while also creating jobs and sustainable incomes for the entire
Australia’s Invictus Downplays Discovery of Oil Deposits in Zimbabwe
Australia’s Invictus Energy [HOST] may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms Australia-based oil and gas company Invictus Energy has made a second gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe. Recently, Invictus made an initial gas discovery at the Mukuyu-2 well, with four hydrocarbon samples in the Upper Angwa, and two water samples from the Basal (Bloomberg) — Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September. The Herald (Harare) Large natural gas and oil reserves have now been confirmed in north-east Zimbabwe, although technical glitches meant Australian firm Invictus could not extract a fluid sample