HARARE, Aug 19 (Reuters) – Australian-listed Invictus Energy Ltd [HOST] expects to start drilling its first exploration well for oil and gas in the northern part of Zimbabwe in the coming weeks Spread the love. INVICTUS Energy, the Australia-headquartered firm scouting for oil and gas in Zimbabwe’s Cabora Bassa Basin region in Muzarabani, has commenced Mukuyu-2 appraisal well and phase The BOE is widely used by oil and gas companies in their financial statements as a way of combining oil and natural gas reserves and production into a single measure. Invictus said it had received binding commitments for a placement to raise $1,5 million (before costs) by issuing 57 shares at an issue price of $0, which Large natural gas and oil reserves have now been confirmed in north-east Zimbabwe, although technical glitches meant Australian firm Invictus could
Invictus’ Cabora Bassa Project oozes oil and gas potential
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 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 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 Invictus Energy has provided an update on drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Comments from Managing Director Scott Macmillan: ' We have had further encouraging signs from the Mukuyu-2 well since drilling recommenced with multiple additional zones encountering strong gas shows By Farai Mutsaka. Published AM PST, May 8, HARARE, Zimbabwe (AP) — An Australian-listed company exploring for oil and gas in Special Report: Evidence continues to mount for the potential of Invictus’ Cabora Bassa gas-condensate project in Zimbabwe to be Africa’s next hydrocarbon province. Geochemical analysis of outcrop samples at the project have now confirmed that two highly prospective source rocks are present within Invictus Energy’s (ASX:IVZ) Karat INVICTUS Energy, the Australia-Stock- Exchange (ASX) listed firm exploring for oil and gas in Zimbabwe’s Muzarabani area, has received an inter-ministerial approval for petroleum development and production agreement (PEDPA), which sets the terms and rights of all parties. This comes after Invictus recently said it had
Invictus Energy Confirms Major Gas Condensate Discovery in …
Invictus Energy has opted to move ahead with appraisal drilling in Zimbabwe following up Mukuyu-1, rather than exploration. Upgrade work and maintenance will begin on the Exalo Rig in April Invictus Energy signed the exploration, development and production deal with Zimbabwe in , which is entitled to as much as 60 percent of the 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