Africa's Oil, Gas and Energy News.
Progress and current operationsSince the last update where an additional gas discovery was made in the Lower Angwa following therecovery of hydrocarbons to surface, wireline logging operations continued and have … Read More
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 … Read More
HIGHLIGHTS Comments from Managing Director Scott Macmillan:“The early signs from Mukuyu-2 are encouraging where we have observed higher background gas and better reservoir quality.“Casing is being set above the first … Read More
Invictus Energy Limited has provided an update on the Mukuyu-2 appraisal well, a follow up to the successful, play-opening Mukuyu-1 well in the Cabora Bassa Basin in Zimbabwe. Comments from … Read More
Invictus Energy has announced that its Share Purchase Plan (SPP) offer announced on 6 April 2023 has closed oversubscribed, with valid applications received from eligible shareholders amounting to$12.7 million. Due … Read More
Invictus Energy has launched a Share Purchase Plan and the shortfall offer to raise up to A$10m to fund exploration and appraisal work in Zimbabwe’s Cabora Bassa basin. Invictus had … Read More
Invictus Energy has announced a private Placement to raise $10.0m, at $0.12 per share, following the Company’s decision to advance preparations for an appraisal and exploration campaign in Zimbabwe’s Cabora … Read More
• Appraisal program commences with Mukuyu-2 spud targeted for early Q3 2023• Well services and long lead process tendering commenced• Mukuyu-1 post well analysis of pressure data indicates potential for … Read More
HIGHLIGHTS • Mukuyu-1 ST1 identifies 13 potential hydrocarbon bearing zones • Combined 225m gross potential hydrocarbon bearing zones identified in primary Upper Angwa target • Mukuyu-1 ST1 operations completed • … Read More
Since the last update, the drill string was rigged up to conduct fishing operations to attempt to retrieve the wireline formation testing tool. The drill string with the overshot was … Read More
