Invictus Share Price Almost Quadruples
The share price of Invictus Energy Limited has almost quadrupled.
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The share price of Invictus Energy Limited has almost quadrupled.
Invictus Energy has provided an update on the Mukuyu-1 well currently being drilled in its SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Total Depth of 3,618mMD has been reached and multiple zones have been encountered with fluorescence and elevated gas shows in the Upper Angwa primary target, confirming a working conventional hydrocarbon system in the Cabora Bassa Basin.
Invictus Energy (ASX:IVZ) has reached a total depth of 3618 metres at the Mukuyu-1 well within its 80-per-cent-owned licence in Zimbabwe's Cabora Bassa Basin.
Australia’s Invictus Energy (ASX:IVZ) has reached total depth and found “multiple zones” with gas shows. The company reported evidence of a working petroleum system on November 10 and provided more information on November 14. The share price of the Australian minnow has rocketed, from A$0.1 ($0.06) on November 9 to around A$0.34 ($0.23), a 200%…
Invictus' share price has rocketed on news of a working petroleum system and gas shows at the Mukuyu-1 well in Zimbabwe.