{"id":14092,"date":"2023-12-03T13:11:44","date_gmt":"2023-12-03T13:11:44","guid":{"rendered":"https:\/\/www.oilnewskenya.com\/?p=14092"},"modified":"2023-12-03T13:11:44","modified_gmt":"2023-12-03T13:11:44","slug":"zimbabwe-invictus-energy-extends-exalo-rig-202-contract-for-2years","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-extends-exalo-rig-202-contract-for-2years\/","title":{"rendered":"ZIMBABWE: Invictus Energy Extends Exalo Rig 202 Contract  for 2years"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Invictus and Exalo Drilling have executed a contract amendment for Rig 202 to remain in the Cabora Bassa Basin in Zimbabwe for up to 2 years to enable the drilling and testing of future wells in the basin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The highly encouraging results to date from our drilling programs have provided the Company with the confidence to keep Rig 202 stacked at the Mukuyu-2 location post the completion of drilling operations whilst preparations are made for future drilling and testing campaigns.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">During the rig stacking period Exalo will undertake maintenance on Rig 202 in preparation for future drilling and\/or well testing activity in the Cabora Bassa Basin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Managing Director Scott Macmillan commented<br><em>\u201cThe contract amendment executed with Exalo to keep Rig 202 for an additional 2 years underpins our confidence in the basin and provides us maximum flexibility to accelerate and execute future drilling and testing campaigns.<br>\u201cThe retention of the rig will result in substantial time and cost savings to the Company compared to demobilising and remobilising a drilling rig for future campaigns.<br>\u201cThe performance of Exalo and Rig 202 to date has been exceptional and we are pleased to extend our relationship with them for our future campaigns.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Invictus and Exalo Drilling have executed a contract amendment for Rig 202 to remain in the Cabora Bassa Basin in Zimbabwe for up to 2 years to enable the drilling &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-extends-exalo-rig-202-contract-for-2years\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":14093,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,7445,11],"tags":[9258,9880,7812,2767],"class_list":["post-14092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-southern-africa","category-top-news","tag-cabora-bassa-basin","tag-exalo-drilling","tag-invictus-energy","tag-zimbabwe","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/12\/Exalo-202-Rig.jpeg?fit=1024%2C681&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-3Fi","jetpack-related-posts":[{"id":11362,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-exalo-bags-muzabarani-1-drilling-contract\/","url_meta":{"origin":14092,"position":0},"title":"ZIMBABWE: Exalo Bags Muzabarani-1 Drilling Contract","author":"","date":"December 10, 2021","format":false,"excerpt":"Invictus Energy has confirmed that it has executed a MOU with EXALO Drilling SA to drill the Muzarabani-1 exploration well and an option for an additional exploration well for the basin opening drilling campaign scheduled to commence in May 2022. \"Following extensive evaluation, a number of suitable rig options on\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Exalo-202-Rig.jpeg?fit=1024%2C681&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Exalo-202-Rig.jpeg?fit=1024%2C681&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Exalo-202-Rig.jpeg?fit=1024%2C681&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2021\/12\/Exalo-202-Rig.jpeg?fit=1024%2C681&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":12288,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-signs-integrated-well-services-contract-with-baker-hughes\/","url_meta":{"origin":14092,"position":1},"title":"ZIMBABWE: Invictus Energy Signs Integrated Well Services Contract with Baker Hughes","author":"","date":"May 26, 2022","format":false,"excerpt":"Invictus is pleased to confirm it has executed a binding well services contract with Baker Hughes\u00a0 for its basin opening drilling campaign in the Muzarabani-Mbire area of Zimbabwe, scheduled to commence end of July 2022. The contract comes after Invictus signed a letter of intent with Baker Hughes in February\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11998,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-appoints-new-country-manager-signs-rig-contract\/","url_meta":{"origin":14092,"position":2},"title":"ZIMBABWE: Invictus Energy Appoints New Country Manager, Signs Rig Contract","author":"","date":"March 10, 2022","format":false,"excerpt":"Invictus Energy has announced the appointment of Barry Meikle as Country Manager of the Company an elevation after serving as the company for the CB21 Seismic Survey and lead the execution of the seismic survey which was delivered within budget and on schedule with 147,000 hours of LTI free operations.\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11517,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-energy-secures-long-leads-for-a-2-well-drilling-campaign\/","url_meta":{"origin":14092,"position":3},"title":"ZIMBABWE: Invictus Energy Secures Long Leads for a 2-Well Drilling Campaign","author":"","date":"January 5, 2022","format":false,"excerpt":"Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Wellheads and Casing Long Leads Secured for Drilling Program Invictus has confirmed that it has secured the necessary casing, wellheads and ancillary long lead items for a 2-well drilling program\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":13625,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-mukuyu-2-appraisal-and-phase-2-exploration-commences\/","url_meta":{"origin":14092,"position":4},"title":"ZIMBABWE: Mukuyu-2 Appraisal and Phase 2 Exploration Commences","author":"","date":"April 28, 2023","format":false,"excerpt":"During the quarter, Invictus commenced preparations for the Mukuyu-2 appraisal well andPhase 2 exploration campaign at its 80 per cent owned and operated Cabora Bassa project inZimbabwe.The tendering process commenced during the quarter for minor additional long leads and well services for the Mukuyu-2 well, which is anticipated to spud\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2023\/04\/Zimbabwe-Cabora-Bassa.png?fit=479%2C663&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":11818,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zimbabwe-invictus-awards-well-services-contract-to-baker-hughes\/","url_meta":{"origin":14092,"position":5},"title":"ZIMBABWE: Invictus Awards Well Services Contract to Baker Hughes","author":"","date":"February 11, 2022","format":false,"excerpt":"Invictus has announced that Baker Hughes has been awarded the integrated well services contract for drilling of the Muzabarani-1 well in the Cabora Bassa basin following the completion of the tender and evaluation process. A Letter of Intent has been executed and the contract is expected to be finalized and\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Zimbabwe-Cabora-Bassa.jpg?fit=570%2C797&ssl=1&resize=525%2C300 1.5x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=14092"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14092\/revisions"}],"predecessor-version":[{"id":14095,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/14092\/revisions\/14095"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/14093"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=14092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=14092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=14092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}