Invictus Energy ([HOST]), an Australia-listed company, announced on Monday that it has confirmed the presence of light oil, gas condensate, and helium at its Cabora Bassa project in Zimbabwe The placement price of A$0,11 per share represents a 21,4 percent discount to the last traded price of $0,14 per share on 19 March , being the last trading date before the placement and a Invictus Energy ([HOST]), an Australia -listed company, announced on Monday that it has confirmed the presence of light oil, gas condensate, and helium at its Cabora Bassa project in Zimbabwe. The company's shares Reuters. HARARE, Sept 26 (Reuters) - Australian-listed Invictus Energy Ltd ([HOST]) has started drilling one of two exploration wells for oil and gas in the northern part of The placement price of A$0,11 per share represents a 21,4 percent discount to the last traded price of $0,14 per share on 19 March , being the last trading date
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Invictus Energy sets September target for Zimbabwe oil and gas drilling; Invictus Energy expanded its exploration footprint in the Cabora Bassa basin following a successful assignment agreement with the Sovereign Wealth Fund of Zimbabwe (SWFZ) Invictus Energy, the Australian firm scouring the ground for oil and gas in Zimbabwe's Cabora Bassa region,northern Zimbabwe, has described the project as an exciting asset, which remains the largest March 29, Read Next Oil deals open to everyone INVICTUS Energy says it will invest between US$15 million and US$30 million towards drilling at least one oil and gas exploration well, likely before end of year, chairman Joe Mutizwa has said
Invictus Energy hopes to finalise production agreement with …
Spread the love. NVICTUS Energy, the Australian firm searching for oil and gas in Zimbabwe, says a contractor has completed the well design for its Muzarabani Australia’s Invictus Energy has completed a capital raise of A$8 million ($mn), which it will use to progress work on its Zimbabwean hopes. In particular, the Invictus Energy is an independent upstream oil and gas company focused on sub-Saharan Africa. Invictus is opening one of the last untested large frontier rift basins in onshore Africa - the Cabora Bassa Basin – in northern Zimbabwe. The Company’s first high impact well, Mukuyu-1, proved a working hydrocarbon system in the basin and the 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