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Oil, gas euphoria: Chances are just 10pc

ALTHOUGH Invictus Energy, the Australian firm scouring the earth for oil and gas in Zimbabwe’s Muzarabani area, says geological studies have shown the area holds significant potential to host hydro-carbons, it has remained cautiously optimistic, pointing...

Muzarabani oil, gas project seismic survey data processing complete

AUSTRALIA Stock Exchange-listed Invictus Energy Limited, has completed data processing of the 2021 seismic survey for the Muzarabani oil and gas project as well as the concurrent reprocessing of a legacy Mobil dataset.Invictus, which is developing...

What should Zimbabwe do with its Hydrocarbon Resource Potential?

With the Cleaner and Greener Future Beckoning, What Should Zimbabwe Do with its Hydrocarbon Resource Potential?The United Kingdom is currently hosting the 2021 United Nations Climate Change Conference in Glasgow (COP26). It is, therefore, appropriate to...

Muzarabani project must not be another resource curse

THAT Zimbabwe has been blessed with abundant natural resources which could transform its economic fortunes overnight is not debatable. These resources range from diamonds, gold, platinum group of metals, coal, chrome, human, wildlife and land, to...

Muzarabani Oil Wellheads and casing secured for 2-well campaign

Australia Stock Exchange-listed oil and gas exploration company, Invictus Energy has secured the necessary casing, wellheads and ancillary long lead items for a 2-well drilling program commencing in May 2022, the company Managing Director Scott Macmillan...

Muzarabani oil extraction next year

Australian Stock Exchange-listed oil and gas mining junior Invictus Energy is on the path to drill the world-class Muzarabani oil prospect in the first quarter of 2022, the company’s Managing Director Scott Macmillan said.Rudairo MapurangaSpeaking at the...

Muzarabani toasts to oil, gas

IN 1989, American oil and gas company Mobil Corp asked for permission from Government to explore and drill natural gas and oil in Muzarabani, Mashonaland Central.The company was convinced that the area was endowed with vast...

Mines troop to VFEX

GOVERNMENT says several mining firms have indicated plans to list on Zimbabwe’s year-old bourse, the Victoria Falls Stock Exchange (VFEX).VFEX, which exclusively trades in foreign currency, has largely disappointed, having secured only two listings since its...

Zimbabwe to become an oil producer

Zimbabwe is in the process of becoming an oil producer with Australia Stock Exchange-listed oil and gas exploration firm Invictus Energy moving towards drilling two wells early next year, the Minister of Mines and Mining Development...

Mining sector records major milestones

The country has made significant headway in its quest to grow the mining sector to US$12 billion in the next two years from US$2,7 billion realised in 2017 driven by planned, ongoing and completed projects.While critics...

Muzarabani oil, gas drilling start early 2022

INVICTUS Energy, the Australian firm hunting for oil and gas in Muzarabani, may start drilling exploration wells early next year, after taking delivery of massive state -of -the –art- equipment to be used in identifying well...

‘Zim must give larger blocks for oil and gas’

Australia Stock Exchange (ASX) listed oil and gas exploration firm, Invictus Energy, says Zimbabwe needs to increase size of ground allocated to investors for hydrocarbons exploration to increase chances of a discovery.The company has made significant...

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