Africa's Oil, Gas and Energy News.
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
Invictus Energy continues to report challenges in completing the Mukuyu-1 side track well with the recent report indicating that the wireline cable became lodged against the wellbore, during the wireline … Read More
Progress and current operations Since the last update, the Mukuyu-1 well was successfully plugged back to the 9⅝” casing shoe (at approximately 2,020mMD) and drilling to kickoff the Mukuyu-1 ST1 … Read More
• Mukuyu-1 successfully deepened to 3,923 metres Measured Depth (“mMD”), encountering additional elevated gas shows and fluorescence through to total depth • Results prove up potential of the Upper Angwa … Read More
• Fluorescence and elevated gas shows of up to 65 times above background levels in Upper Angwa primary target • Elevated gas shows and resistivity in shallower Pebbly Arkose formation … Read More
Invictus Energy has entered a 30-year contract with the Forestry Commission of Zimbabwe (FCZ) for the development of the Ngamo-Gwayi-Sikumi (NGS) REDD+ project, which is renewable for a further 30 … Read More
Invictus Energy reports it has received an updated Independent Report from ERCE estimating substantial resource potential at its Cabora Bassa Project. ERCE estimates the gross mean recoverable conventional potential of … Read More
