Invictus upbeat over Cabora Bassa investor interest
The company ceased operations on the wells last month, citing “unsuitable” and “not feasible” conditions.
By Mthandazo Nyoni
Feb. 28, 2023
Invictus in US$8,95m surplus after drilling investments
The announcement was made in IEL’s company results for the period under review, which was down nearly 56% from the previous quarter’s cash holdings of AUD28,49 million (US$20,23 million).
By Tatira Zwinoira
Jan. 26, 2023
No oil discovery as Invictus ceases operations on Mukuyu-1
It said the Exalo Rig 202 would be warm-stacked for maintenance and modifications before more drilling at Mukuyu-2 or Baobab-1 this year.
By Mthandazo Nyoni
Jan. 4, 2023
Invictus hunts for new chairperson
“The board has commenced a global search for suitable chairperson candidates and anticipates an appointment to the role in the first quarter of 2023,”
By Mthandazo Nyoni
Dec. 7, 2022
Invictus raises US$32m in capital funding
Invictus has managed to attract investors while also implementing several capital-raising initiatives.
By Tatira Zwinoira
Nov. 1, 2022
Invictus in potential hydrocarbon findings
Invictus reported that it had reached the second phase of drilling several hundred metres and identified hydrocarbons at a width of 12 ¼”.
By Tatira Zwinoira
Oct. 27, 2022
Setbacks hit Zim oilfields
The firm, which kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims in Muzarabani last month.
By Mthandazo Nyoni
Oct. 18, 2022
Oil explorer projects bigger Zim find...as first test well drill progresses to 600m
Invictus said based on 80% of the project, its net share of the basin margin area resource was equivalent to 937 million boe and 4,4 billion boe for the whole project area.
By Sydney Kawadza
Oct. 7, 2022
All eyes on the Zambezi valley oil rigs
It would be a real surprise and a most welcome development if Invictus Energy and the government of Zimbabwe acted otherwise and remember the Zambezi Valley communities and the nation at large.
By Newsday
Sep. 29, 2022
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