Africa's Oil, Gas and Energy News.
Gas recovery and wireline data provides confirmation of moveable hydrocarbonsInvictus reports that the exploration team has successfully recovered natural gas (predominantlymethane and trace heavier hydrocarbons) to surface from the Pebbly … Read More
Progress and current operationsSince the last update, the drill bit and bottom hole assembly (BHA) were changed out anddrilling of the 8½” hole section and reached 3,718 metres Measured Depth … Read More
Progress and current operationsSince the last update, the 9 ⅝” casing was set and the choke manifold for the blow out preventer (BOP) was changed out prior to commencement of … 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 has announced the commencement of drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.Comments from Managing Director Scott Macmillan: “This is … 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
“Success at Mukuyu-2 and confirmation of a significant discovery will further unlock the value ofour material portfolio and basin master position in the Cabora Bassa Basin.” Result SummaryCompositional analysis has … 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
