Invictus Ernergy injects US$10,2 in Zimbabwe operations
BARELY two weeks after announcing further gas discovery at its Mukuyu-2 exploration well in Mbire District, Mashonaland Central province, Invictus Energy has ra...
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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.
Invictus is expecting the data to provide deeper leads in an area where it had already made oil and gas finds.