1 day ago · Australia's Invictus Energy is hopeful it will "within weeks" conclude a production sharing agreement (PSA) with the Zimbabwe government to develop its Cabora Bassa Australia’s Invictus Energy [HOST] may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms commercially viable discoveries, managing director Scott Macmillan said. Invictus last month said a mud gas analysis from its Mukuyu-1 exploration well drilled last year confirmed the presence of light oil, gas According to Mnangagwa, Zimbabwe’s oil and gas industry represented huge, unique and competitive investment opportunities given the significant potential for value chain linkages. He was speaking during the signing of the petroleum exploration development and production agreement (PEDPA) between the Government and
Australian firm finds oil, gas and helium in remote part of Zimbabwe
Invictus Energy has declared a gas find at its Muzarabani prospect, setting Zimbabwe on a long journey towards producing gas for the first time. The company announced on the Australia Stock Exchange that four samples from the Upper Angwa section of its Mukuyu-2 exploration well confirm the presence of gas at the site Historic Breakthrough: Gas Discovered in Zimbabwe by Invictus Energy Ltd. In a fantastic turn of events, Zimbabwe has officially announced the discovery of gas by Australian-listed company Invictus Energy Ltd.. The Minister of Mines and Mining Development, Soda Zhemu, issued a statement on Thursday, confirming this exciting
Invictus Energy hopes to finalise production agreement with …
News. 24 August - A message from the Managing Director. 21 June - A message from the Managing Director. 24 April - A message from the Managing Director. 20 February - A message from the Managing Director 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