Drilling on Mukuyu-1 where Invictus spent US$20 million, was abandoned after the company experienced serious technical glitches. “These discoveries are transformational for the company, for the Invictus Energy Ltd (IVZ) is an independent upstream oil and gas company. The company is opening rift basins in onshore Africa - the Cabora Bassa Basin - in northern Zimbabwe through an impact exploration program. Share Price Zimbabwe inches closer to mining oil and gas in the Zambezi basin, in Northen Zimbabwe. Over the last four years, Australian firm, Invictus Enery has spent The project is the first oil mining expedition in Zimbabwe. Invictus is an independent upstream oil and gas company headquartered and listed on the Australian Securities Exchange with offices in Invictus Energy is an independent upstream oil and gas company focused on sub-Saharan Africa. Invictus is opening one of the last untested large frontier rift basins in onshore Africa - the Cabora Bassa Basin – in northern Zimbabwe
Invictus Energy makes gas discovery in Zimbabwe
By: Olalekan Adigun. Published: December 7, at am EST. Invictus Energy, an Australian energy company, has confirmed a significant gas discovery in Zimbabwe’s Caborra Basa project. This development marks a monumental step for Zimbabwe’s energy sector, offering a promising new source of energy. The Invictus Energy’s (ASX:IVZ) got its gas. It’s been a long search, but this morning the Aussie oil and gas explorer – focused on high-impact energy resources in sub-Saharan Africa – has
Australian firm confirms gas, oil & helium discovery in Zimbabwe
Business Reporter. INVICTUS Energy, the Australian firm searching for oil and gas in Zimbabwe, will start drilling the first exploration wells on its Muzarabani licence area in June. Spurred by encouraging results from the study of secondary and primary data, Invictus is poised to commence drilling the first exploration wells in Zimbabwe by June Spread the love. INVICTUS Energy Limited (IEL) says the processing and reprocessing of data around the Cabora Bassa project has shown signs of hydrocarbons, confirming potential natural gas and Invictus has reported finding oil, gas condensate and helium at its Mukuyu well in Zimbabwe, with plans for more drilling this year. The company found high API oil Invictus Energy says prospects in basin margin play are ‘similar’ to discoveries in Uganda and Kenya. Remote: Invictus Energy’s Cabora Bassa basin acreage in Zimbabwe lies in the Zambesi valley