Independent oil and gas company Invictus Energy has made a natural gas and condensate discovery at its Mukuyu-2 well at the Cabora Bass project, northern Successful drilling for oil, gas and helium in northeast Zimbabwe shows that the country is open for business, Invictus Energy CEO Scott Macmillan tells The Africa Report. The company said in May that light oil, gas condensate, and helium were confirmed at Mukuyu-1, which forms part of the 80% owned Cabora Bassa project in northeastern 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 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, which is an independent oil and gas exploration firm whose only asset is in Zimbabwe, is using data first generated by Mobil Oil during its studies in the s The energy utility company last week announced that they raised over US$23 million for the second phase of Cabora Bassa oil and gas exploration and appraisal. Recently, Invictus confirmed the
Minister confirms presence of light oil condensate in northern …
Invictus Energy Ltd. announced Monday oil, gas and helium finds with commercial viability on its Mukuyu-1 drill site onshore Zimbabwe, a development that Australia-based oil and gas company Invictus Energy has made a second gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe. Recently, Invictus made an initial gas discovery at the Mukuyu-2 well, with four hydrocarbon samples in the Upper Angwa, and two water samples from the Basal Spread the love. IN an update on its 80% owned and operated Cabora Bassa project in Zimbabwe, Invictus Energy Limited announced it made a natural gas and condensate discovery at its Mukuyu-2 well Invictus Energy Ltd. plans to start drilling at its Cabora Bassa oil and gas prospect in northern Zimbabwe by early September. Paul Chimbodza, chairman of One
Invictus makes second gas discovery at Mukuyu-2 well in Zimbabwe
Zones to planned TD ~3,m and complete further evaluation and sampling. Investor briefing being held today to discuss preliminary results. Invictus Energy Limited (“Invictus” or “the Company”) is pleased to announce a gas discovery in the. Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe The Sovereign Wealth Fund of Zimbabwe has expanded the company’s license area to , hectares, as announced by Invictus August 17, To contact the Last December, Invictus Energy confirmed a gas discovery in the Cabora Bassa basin, describing the discovery as one of the most significant developments in 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 The investor in the Muzarabani oil project, Invictus Energy, halted trading of its shares on Australian Stock Exchange ahead of today’s signing ceremony, the second time in two weeks. The company has a smaller market cap of below A$80m. The company will now invest between US$15 million and US$30 million towards drilling of two oil and Australia-based Invictus Energy plans to start drilling its first exploration well for oil and gas in Cabora Bassa location in the northern part of Zimbabwe by early Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Invictus Energy has discovered gas in Zimbabwe, raising hopes the landlocked southern African nation could become a producer decades after ExxonMobil abandoned a search for oil in the region. The Australian