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Invictus Energy starts phase two of oil, gas exploration

INVICTUS Energy, the Australia-headquartered firm scouting for oil and gas in Zimbabwe’s Cabora Bassa Basin region in Muzarabani, has commenced Mukuyu-2 appraisal well and phase 2 exploration programme. Appraisal wells are additional wells drilled after discovery, to confirm the size of a hydrocarbon deposit. They are normally used to run buildup tests, drill stem tests,…
Mashonaland Central Mashonaland West Cabora Bassa Mbire Muzarabani Invictus Energy Cabora Bassa Basin

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Zimbabwe: Invictus raises $10.0m to fund preparations for Mukuyu-2 well & Phase 2 exploration

Invictus Energy has announced a private Placement to raise $10.0m following the Company’s decision to advance preparations for an appraisal and exploration campaign in Zimbabwe’s Cabora Bassa Basin. The Mukuyu-2 drilling campaign is Scheduled to commence in Q3 CY23.
Mashonaland Central Mashonaland West Matabeleland North Mashonaland East Scott Macmillan Invictus Energy

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