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 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 Zimbabwe suffers severe power outages of up to 19 hours a day MUST LOOK | South Africa to get new 10c to R5 coins in – HAVE A LOOK Invictus Energy signed the exploration, development and 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
Invictus May Sell Stake in Zimbabwe Oil and Gas Project - Abdas
July 6, Australia’s Invictus Energy ([HOST]) may sell a stake in its Zimbabwean oil and gas project if its appraisal drilling campaign confirms 8 May Chat (Harare) By Lovejoy Mutongwiza. Invictus Energy ([HOST]), an Australia-listed company, announced on Monday that it has confirmed the 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 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
Invictus Energy expects to drill first Zimbabwe exploration well in ...
The Sovereign Wealth Fund of Zimbabwe has expanded the company’s license area to , hectares, as announced by Invictus August 17, To contact the The Herald (Harare) By Golden Sibanda. Invictus Energy, which is exploring for oil and gas in Muzarabani, has received firm commitments from investors to raise 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 Farai Mutsaka. May 9, – am. Gift this article. Harare | Australian-listed Invictus Energy says it has found deposits of oil, gas and helium in the Cabora Spread This News. INVICTUS Energy, the firm that is exploring for oil and gas in Zimbabwe's Muzarabani district, halted trading on the Australia Stock Exchange (ASX) on Thursday, saying it was Australia-listed junior Invictus Energy has called a halt in the trading of its shares, the day after reporting that an exploration probe it is drilling in Zimbabwe was closing in on its main reservoir objective. The securities of Invictus have been placed in a trading halt at the company’s request, pending an announcement