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Search results: Mukuyu 2

Invictus reaffirms presence of moveable hydrocarbons at Mukuyu 2

The prospect of finding commercially viable oil and gas in Muzarabani is almost within reach as the company reported that it discovered the presence of moveable hydrocarbons at Mukuyu 2 exploration well.Rudairo MapurangaAccording to Invictus Energy's...

Gas deposit discovered at Mukuyu2 well in Muzarabani

Australia Stock Exchange-listed oil and gas exploration company Invictus Energy has confirmed a significant gas discovery at its Mukuyu2 exploration well at the Cabora Bassa Project in Zimbabwe.Rudairo MapurangaAccording to Invictus Managing Director Scott MacMillan, a...

Mukuyu-2 fluid sampling commences following a minor setback

Australia Stock Exchange-listed oil and gas exploration junior Invictus Energy is preparing to commence sampling operations following the completion of tool checks at its Mukuyu-2 well in Muzarabani, the company's Managing Director Scott MacMillan has announced.Rudairo...

Invictus completes 2D seismic acquisition program

Australia Stock Exchange-listed Oil and gas exploration company Invictus Energy Limited, last week completed the acquisition of its CB23 2D seismic survey at the Cabora Bassa project, Northern Zimbabwe.Rudairo MapurangaInvictus Managing Director Scott MacMillan said the...

Invictus raises US$32m in capital funding

Invictus has revealed it is now completely self-funded after it raised AUD48,7 million (nearly US$32 million) in capital funding in the year ended June, which has gone into ongoing drilling activities in its Cabora Bassa project. Following...

Shares in Invictus Energy close a whopping 21% up; firm developing Muzarabani gas project

Invictus Energy Limited (ASX:IVZ) unveiled its financial and operational performance report for the quarter ended 31 March 2022. The Company is opening one of the last untested large frontier rift basins in onshore Africa, the...

Invictus seeks to raise A$10m through a private placement

Invictus Energy, an oil and gas company with operations in Zimbabwe, announced that it will raise A$10 million through a private placement to institutional and sophisticated investors. The funds will be used to finance the company's Mukuyu...

EMA Approves Invictus Energy’s Pilot Gas Production at Cabora Bassa

Invictus Energy Limited, listed on both the Australian and Victoria Falls stock exchanges, has been granted approval by Zimbabwe's Environmental Management Agency (EMA) to proceed with pilot production activities at its Cabora Bassa Project, following a...

Invictus Advances Cabora Bassa Partnerships and Licence Extension

Australian oil and gas company Invictus Energy is making steady progress on its flagship Cabora Bassa Project in northern Zimbabwe, according to its quarterly activities report and cash flow statement for the period ending March 31,...

Invictus Energy Faces Investor Skepticism as PPSA Delays Continue to Hinder Progress

Australia Stock Exchange listed oil and gas exploration junior Invictus Energy which is exploring oil and gas in northern Zimbabwe’s Cabora Bassa Basin (Muzarabani-Mbire) is poised for a potentially transformative 2025, according to Managing Director Scott...

EMA Approval Greenlights Muzarabani Gas Project Eureka Gold Mine Set for Gas-to-Power Production

In a major boost for Zimbabwe’s energy sector, the Environmental Management Agency (EMA) has approved the Environmental and Social Impact Assessment (ESIA) for Invictus Energy’s pilot production activities at the Cabora Bassa Project (Muzarabani), enabling the...

Invictus Energy Secures a Three-Year Extension for Muzarabani Oil Project

Victoria Falls Stock Exchange-listed oil and gas exploration junior, Invictus Energy Limited, has successfully renewed its Special Grant (SG) 4571 licence. This allows the company’s 80%-owned subsidiary, Geo Associates, to continue oil and gas exploration activities...

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