ZIMBABWE: Invictus Energy Moves to Mukuyu-2 Vertical Sidetrack to Overcome Borehole Conditions & Well Control Challenges

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

ZIMBABWE: Mukuyu-2 drilling update: Elevated Gas Shows & Resistivity Encountered in Upper Angwa

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

ZIMBABWE: Presence of light Oil, Gas-Condensate & Helium Confirmed from Mukuyu-1

“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

ZIMBABWE: Invictus Raises $10M to Fund Mukuyu-2 Well Preparations & Phase 2 Exploration

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

ZIMBABWE: Mukuyu-1 Evaluation Update, Operations Completed & Phase 2 Campaign Planning Commenced

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

ZIMBABWE: Mukuyu-1 and sidetrack final well results and Exalo Rig 202 secured for further 12 months

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