Invictus eyes regional expansion

OIL and gas exploration firm Invictus Energy, which recently made a gas discovery in Zimbabwe, has expressed ambitions to expand regionally, NewsDay Business can report.

The firm recently revealed that preliminary compositional analysis confirmed high quality natural gas containing minimal impurities, which will require minimal processing before sale to downstream customers.

The energy company declared two material discoveries after recovering 15 downhole gas and gas-condensate samples from both the Upper and Lower Angwa Formation targets in the Mukuyu-2/ST-1 well during its December drilling campaign.

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