Invictus takes second aim at fairy tale with Mukuyu-2 plan
Appetite for exploration is back, Macmillan said. But for those wanting to explore, the potential find has to be big enough to materially add value to a prospect.
Scott Macmillan
Invictus raises cash for seismic and drilling in Zimbabwe
Invictus Energy has raised A$10 million to fund the next stages of its work in Zimbabwe’s Cabora Bassa Basin.
Invictus opts for appraisal over exploration in Zimbabwe
Upgrade work and maintenance will begin on the Exalo Rig 202 in April, following the end of the wet season.
Bentley takes chair role at Invictus
“I look forward to building on this success as the Company prepares for further appraisal at Mukuyu, while it holds a portfolio of exciting exploration prospects and leads, which have been significantly de-risked through the recent drilling campaign.”
Invictus drills into well findings to call success
The company’s work has reduced risk on trap, source and seal, it said. Reservoir remains a moderate risk, it said, while the “lateral extent and continuity of reservoir sands is still unknown”.
Invictus brings Mukuyu drilling to a close, but promises more
Invictus may choose to drill Mukuyu-2 this year or the Baobab-1 well. The company has not yet committed.
Invictus shareholders take against employee shares as Lake leaves
Despite positive drilling results in Zimbabwe, Invictus Energy ran into headwinds at its AGM, with shareholders opposing a number of resolutions and chairman Stuart Lake opting to leave.
Invictus up 200% on gas shows at frontier Zimbabwe well
Australia’s Invictus Energy (ASX:IVZ) has reached total depth and found “multiple zones” with gas shows.
Invictus begins drilling major prospect in Zimbabwe
Australia’s Invictus Energy has begun drilling the Mukuyu-1 exploration well in Zimbabwe.
Invictus acquires Zimbabwean basin mastery, picks next well
Invictus Energy has firmed up its control of more acreage in Zimbabwe, while also choosing a second well site, the company has announced in a release.
Invictus more than doubles gas potential at impending Mukuyu
Australia’s Invictus Energy has more than doubled the amount of gas it hopes to find at its upcoming Mukuyu well, in Zimbabwe.
Invictus firms up Baker Hughes drilling deal
Invictus Energy has signed a binding well services contract with Baker Hughes for drilling in Zimbabwe, following a capital raise.
ReconAfrica, Invictus near launch of drilling
Reconnaissance Energy Africa and Invictus Energy are both nearing drilling, as they seek to prove up onshore hopes around Namibia and Zimbabwe respectively.
Time to taste Invictus’ Zimbabwean fruit
Invictus Energy expects to start drilling its major Zimbabwean prospect by July, bringing the long-awaited dream of founder and managing director Scott Macmillan to the test.
Invictus sharpens focus on Zimbabwe drill plans
Invictus Energy has secured long-lead items for its planned two-well programme and launched a capital raising programme, as it targets drilling in the first half of the year.
Algy Cluff lines up Zimbabwe farm-in option
Australian minnow Invictus Energy has struck a farm-in option, giving Cluff Energy Africa a potential 25% stake in the Cabora Bassa project.
Invictus completes seismic shoot on Cabora Bassa
Invictus Energy has completed its 2D seismic survey on Zimbabwe’s Cabora Bassa, exceeding its licence commitments.
Invictus on track for seismic in July
Invictus Energy is on track to begin its seismic campaign, in Zimbabwe, in July, with mobilisation under way.
Polaris wins Zimbabwe seismic from Invictus
Invictus Energy has signed up Polaris Natural Resources to acquire 2D seismic in Zimbabwe’s Cabora Bassa Basin.
Invictus raises cash for Zimbabwe seismic, drilling
Australia’s Invictus Energy has completed a capital raise of A$8 million ($6.1mn), which it will use to progress work on its Zimbabwean hopes.