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Zimbabwe: Invictus Energy Announces Cabora Bassa Discovery
The Australian exploration company has announced the discovery of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe.
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The Australian exploration company has announced the discovery of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe.
Invictus Energy has launched a share purchase plan with the aim of raising A$10 million for its Cabora Bassa exploration project in Zimbabwe.
Invictus Energy has announced the identification of 13 potential hydrocarbon bearing zones at its Mukuyu-1 high impact well as part of an update regarding its Cabora Bassa Basin operations in Zimbabwe.
Invictus Energy will now be turning its attention to a second exploration well in Zimbabwe following the demobilization of the Mukuyu-1 well.
Invictus Energy has commenced drilling operations at its Mukuyu-1 Exploration Well in northern Zimbabwe.
Invictus Energy has announced that it plans to commence drilling at the Cabora Bassa oil and gas prospect in Zimbabwe in September this year.
The Australian company is preparing to drill two test wells in the Muzarabani area.
The project is expected to boost Zimbabwe’s economy.
The declaration aligns Africa’s position on the global energy transition and climate justice debate, following the conclusion of the Invest in African Energy forum in Paris.
A panel discussion held during the African Energy Chamber’s Invest in African Energy Reception, held in Dubai on 30 March, 2023, unpacked Africa’s upstream opportunities.