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: Invictus Raises $12.7 million for High Impact Exploration & Appraisal Program

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

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 Energy Hopes to Raise up to A$20m to fund exploration and appraisal work in Cabora Bassa basin

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

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: Invictus Energy Commences Mukuyu-2 Appraisal Well Program & Phase 2 Exploration

• 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

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 STI Continues to Witness Multiple Downhole Failures

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