June 20, Share this article. Invictus plans to list on Zimbabwe’s US dollar-only Victoria Falls Stock Exchange. Credit: Brad Weaver on Unsplash. Australia’s Invictus World Oil Staff December 15, (WO) — Invictus Energy Ltd. has announced a second gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe. The March 4, at AM PST. Listen. Australia’s Invictus Energy Ltd. has discovered condensate and helium in a project in northern Zimbabwe that was
Invictus opts for appraisal over exploration in Zimbabwe - Energy …
HARARE – Australia-listed Invictus Energy on Monday confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe, sending its shares up percent. The company said that mud gas analysis from the Mukuyu-1 well drilled last year had proved the presence of hydrocarbons in multiple 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 Zimbabwe's President Emmerson Mnangagwa has announced the discovery of potential oil and gas deposits in the north of the country. Australian mining firm Invictus Energy, in partnership with the Invictus Energy makes oil and gas discovery in former ExxonMobil-operated project onshore Zimbabwe. March 04, (WO) – In an update on its 80% owned Invictus entered into an agreement with the Sovereign Wealth Fund of Zimbabwe in August to increase the licence area to a total of , hectares. Previously Adjust font size: HARARE, March 4 (Xinhua) -- Zimbabwean Mines and Mining Development Minister Zhemu Soda on Monday confirmed the presence of light oil
Australia-based Invictus Energy starts oil, gas drilling in Zimbabwe
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 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