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
Eureka! Zim discovers oil
Analysts, however, were quick to demand accountability and openness from government for Zimbabwe to benefit from one of its many natural resources.
By Mthandazo Nyoni
May. 9, 2023
Invictus seeks to raise US$10m
Invictus said preparations for the Mukuyu-2 appraisal programme and Cabora Bassa Phase 2 exploration campaign were well advanced.
By Mthandazo Nyoni
Apr. 13, 2023
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
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