Leveraging our own natural resources for development

Vast CBM resources are understood to be available in the Matabeleland North province of the country, particularly in Lupane, Gwayi and Hwange.
By Kevin Tutani Sep. 29, 2023

Invictus kick-starts drilling at Mukuyu 2

 It will test the primary target interval, the Triassic Upper Angwa formation, sitting approximately 450 metres updip from Mukuyu-1 where hydrocarbons were intersected.
By Mthandazo Nyoni Sep. 21, 2023

Invictus completes rig mobilisation at Mukuyu 2

Invictus and the contractor are completing the last inspections and preparations of third-party equipment at their separate supply bases in the coming days.
By Tatira Zwinoira Sep. 5, 2023

Invictus inches closer to start drilling operation

“Following spud, the campaign is expected to take 50-60 days and reach a planned total depth of approximately 3 700 metres,” he said.
By Mthandazo Nyoni Aug. 25, 2023

Invictus commences rig mobilisation

Following the completion of the rig move to Mukuyu-2, Rig 202 will be rigged up and then undergo commissioning of the new mud tank system and rig acceptance, according to the firm.
By Mthandazo Nyoni Aug. 14, 2023

Invictus outsources well services for Mukuyu-2 well

It said the planned maintenance programme for Exalo’s Rig 202 had been completed in preparation for the rig move to the Mukuyu-2 wellsite.
By Mthandazo Nyoni Jun. 27, 2023

Invictus kicks off second exploration programme

The phase two exploration commenced with a 2D seismic programme, according to the resource outfit whose earlier explorations have so far picked good signs of light oil.
By Mthandazo Nyoni Jun. 15, 2023

Invictus raises US$23,57m for Zim projects

In a shareholder update, the firm’s managing director Scott Macmillan said they had received strong support from new and existing institutional as well as sophisticated investors.
By Mthandazo Nyoni Jun. 7, 2023

Invictus surpasses US$6,68m capital raise target

Invictus said the board had agreed to accept oversubscriptions, up to an additional AU$5 million, to raise a total of up to AU$10 million.
By Tatira Zwinoira May. 23, 2023