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