Invictus Energy announced that the independent review of the Petroleum Production Sharing Agreement (PPSA) has been submitted by external European legal counsel. This review, facilitated through the Africa Legal Service Facility, marks a significant milestone in the development of the Company’s exploration and production activities.  Geo Associates (Pvt) Ltd (Geo Associates), the Company’s 80% owned subsidiary […]

During the quarter Invictus announced it had completed the interpretation of CB23 Seismic Survey data and reviewed the prospectivity of the eastern Cabora Bassa basin. A total of eight key prospects were defined in the Company’s Exclusive Prospecting Orders (EPOs) 1848 and 1849, totaling 2.9 Tcf gas and 184 MMbbl condensate (gross mean unrisked basis). […]

Following the two gas discoveries from the Upper and Lower Angwa reservoirs in the recently completed Mukuyu-2 / ST1 drilling campaign and the compositional analysis from fast-tracked downhole reservoir fluid samples (refer ASX announcement 04 March 2024), the analysis of additional downhole fluid samples has confirmed a rich gas-condensate discovery in Mukuyu and presence of […]

Invictus Energy has provided an update on its 80% owned and operated Cabora Bassa project in Zimbabwe. Managing Director, Mr Scott Macmillan, commented:“We’d like to thank our shareholders that participated in the rights issue which has now been concluded and provided the Company with additional capital to advance our appraisal activity.  “The Invictus Board has […]

Invictus Energy has successfully raised A$15.0 million through an Institutional Placement to continue funding operations at its 80% owned and operated Cabora Bassa Project in Zimbabwe.  The capital will ensure the Company is well funded for a range of activities to roll out at it’s Cabora Bassa project in Northern Zimbabwe. Earlier this month Invictus […]

Invictus Energy has  reported a progressive and positive update of drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Progress and current operations Since the last update, the drill bit, LWD tools and mud motor were changed out and drilling of the 8½” hole section has reached the current […]

Invictus Energy Limited  is pleased to provide an update of drilling the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe.  Comments from Managing Director Scott Macmillan: “We have encouraging signs in our Upper Angwa primary target, which has shown elevated gas readings including heavier hydrocarbons and elevated LWD resistivity across […]

Invictus Energy provides an update of the drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Progress  Since the last update, the Exalo Rig 202 has drilled the 17 ½” surface hole section down to a depth of approximately 496m Measured Depth (“MD”).  The 13 ⅜ inch casing […]

Invictus Energy  has commenced drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe. The company described the current operations as an exciting and long-anticipated moment for Invictus and shareholders. It further termed commencement of second drilling campaign in the Mukuyu-2 well a significant milestone for the company’s operations […]

Invictus Energy said that the company has Completed mudgas analysis program reaffirming presence of light oil, wet gas and condensate and helium in Mukuyu-1 at its 80% owned and operated Cabora Bassa Project in Zimbabwe.  Sidewall core analysis also indicates light oil and gas condensate presence, consistent with mudgas results, while Organic shales in Upper […]