Invictus inches closer to start drilling operation -Newsday Zimbabwe
“Following spud, the campaign is expected to take 50-60 days and reach a planned total depth of approximately 3 700 metres,” he said.
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“Following spud, the campaign is expected to take 50-60 days and reach a planned total depth of approximately 3 700 metres,” he said.
Following the completion of the rig move to Mukuyu-2, Rig 202 will be rigged up and then undergo commissioning of the new mud tank system and rig acceptance, according to the firm.
Upstream oil and gas company Invictus Energy is set to start drill test work at the Mukuyu-2 well site at the Cabora Bassa Project in Zimbabwe, as it begins the mobilisation of Exalo Rig 202. Located 6.8km to the north-east of the Mukuyu-1 well, the Mukuyu-2 well is to be drilled to a total depth…
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.
During the quarter, the firm successfully raised a combined A$35,4 million (about US$23,57 million), placing the company in a strong position as it embarks on its next phase.