Business

Invictus identifies gas, oil presence at second drill site

NewsDay Staff ·

Invictus identifies gas, oil presence at second drill site

AUSTRALIAN energy firm, Invictus Energy Limited, has recovered hydrocarbons at its second drill site in north-east of Zimbabwe, indicating further natural gas and oil deposits.

The second drilling site, called Mukuyu-2, was identified after previous machine breakdowns last December, forced the company to abandon its drilling efforts at its first identified drilling site, Mukuyu-1.

The project is in the Muzarabani district of Mashonaland Central province, located in the north-eastern part of Zimbabwe.

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