Basin Margin News Today

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, the analysis of additional downhole fluid samples has confirmed a rich gas-condensate discovery in Mukuyu and presence of light oil.

BARELY two weeks after announcing further gas discovery at its Mukuyu-2 exploration well in Mbire District, Mashonaland Central province, Invictus Energy has ra...

INVICTUS Energy has raised A$15 million, equivalent to US$10,2 million, through private placement to fund ongoing operations at its prospective area in the Cabora Bassa Basin, north of Zimbabwe, where it is exploring for oil and gas. A fortnight ago, the Australian-headquartered company made further gas discovery at its Mukuyu-2 exploration well in Mbire District,…

Funding will be utilized for a well test on natural gas discoveries in the Upper and Lower Angwa formations in Mukuyu-2 well, preparation for 3D seismic over the Mukuyu gas field and long lead items for a planned high impact exploration well from the company’s extensive portfolio in the Basin Margin or Central Fairway prospects.  

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Invictus is expecting the data to provide deeper leads in an area where it had already made oil and gas finds.

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A seismic acquisition is a process used to map geological structures beneath the earth’s surface or beneath the seabed and is common practice in the exploration of oil and gas.

The phase two exploration commenced with a 2D seismic programme, according to the resource outfit whose earlier explorations have so far picked good signs of light oil.

The phase two exploration commenced with a 2D seismic programme, according to the resource outfit whose earlier explorations have so far picked good signs of light oil.