The drilling of maiden exploration well in Zimbabwe’s Cabora Bassa basin and subsequent results have the potential to be transformative for Invictus Energy. The Mukuyu-1 well, and subsequent sidetrack, proved a working petroleum system, has validated the geological and geophysical modelling and substantially has de-risked the future exploration in the basin. Mukuyu-1 ST1 has identified […]

Invictus Energy  hasprogressed on operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Managing Director Scott Macmillan commented:“The Mukuyu-1 and ST1 drill campaign has been a great success, identifying 13 potential hydrocarbon bearing zones across the Pebbly Arkose and Upper Angwa formations. “Significantly, a combined 225 metres of gross potential hydrocarbon […]

Invictus Energy today provides an update on the Mukuyu-1 well that is currently being drilled in its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. 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 […]

Invictus Energy Limited said that the drilling at the Mukuyu-1 exploration well in SG 4571 has commenced on Friday 24 September local time. This was stated in an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe.  Drilling will commence from the installed conductor at 67m to a planned […]

Invictus Energy  has announced a private placement to raise $25m at $0.23 per share following the Company’s decision to sole fund the initial drilling campaign of two high impact exploration wells aimed at unlocking the resource potential of the Cabora Bassa Basin in Zimbabwe. Following the assessment of a range of options, including farm-in bids […]

Invictus Energy Limited has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Assignment of exploration rights to EPO 1848 and EPO 1849 by Sovereign Wealth Fund of Zimbabwe Invictus’ 80% owned subsidiary Geo Associates (Pvt) Ltd (Geo Associates) and the Sovereign Wealth Fund of Zimbabwe (SWFZ) […]

The Company has entered a 30-year contract (the “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 years, as part of the company’s sustainable plan to manage emissions. The NGS REDD+ project will enable the Company to fully offset all […]

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Mukuyu-1 prospective resource upgraded to 20 Tcf + 845 million barrels of conventional gas condensate (gross mean unrisked basis) Invictus has received an updated Independent Report from ERCE estimating substantial resource potential at its Cabora […]

Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa project in Zimbabwe. Integrated well services contract awarded to Baker Hughes Invictus confirms it has executed a binding well services contract with Baker Hughes for its basin opening drilling campaign in the Muzarabani-Mbire area of Zimbabwe, scheduled to […]

Invictus Energy with 80% owned and operated Cabora Bassa Project in Zimbabwe has received three farm-in offers for the Cabora Bassa Project including an updated Farm-in bid from Cluff Energy Africa. Ongoing due diligence and internal approvals are being undertaken by additional parties which may result in further bids being received. The Company is assessing […]