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Zimbabwe's Mukuyu gas-condensate discovery has light oil potential, Invictus Energy reports

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.
Cabora Bassa Scott Macmillan Invictus Energy Invictus Energy Managing Director Lower Angwa Upper Angwa

Invictus Energy launches entitlement offer

INVICTUS Energy has launched an entitlement issue for ordinary shares to all eligible shareholders following a private placement that raised over AUS$15 million (equivalent to US$10,2 million) to fund continued exploration and development activities in Zimbabwe. At the end of December last year, the Australia-listed firm that is scouting for oil and gas at the…
Mashonaland Central Province Mashonaland Central Scott Macmillan Cabora Bassa Entitlement Issue Tuesday January

Invictus raises US$10,2m for further gas exploration

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,…
Mashonaland West Mashonaland Central Cabora Bassa Scott Macmillan Invictus Energy Mining Development

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Invictus makes second gas discovery at Cabora Bassa project in Zimbabwe

Australia-based oil and gas company Invictus Energy has made a second gas discovery in the Mukuyu-2 well at its 80% owned and operated Cabora Bassa project in Zimbabwe. Recently, Invictus made an initial gas discovery at the Mukuyu-2 well, with four hydrocarbon samples in the Upper Angwa, and two water samples from the Basal Pebbly…
Mashonaland West Mashonaland Central Cabora Bassa Scott Macmillan Ns Energy Invictus Energy

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