GAS DISCOVERY MADE 👏
In a milestone moment for Invictus Energy (ASX:IVZ), a gas discovery has been made at the Mukuyu-2 wellsite in Zimbabwe.
Hear more about this exciting development from Managing Director
@scott_mac_zw
👇
$IVZ $IVCTF Exalo Rig 202 mast and substructure has been raised as we continue preparations ahead of the spud of our Mukuyu-1 well targeting 20 Tcf + 845 million barrels of conventional gas condensate
Invictus Energy $IVZ $IVCTF has encountered fluorescence and elevated
#gas
shows across multiple zones in the Mukuyu-1 well in
#Zimbabwe
Logging and evaluation will now take place to confirm moveable hydrocarbons
Read more:
#oilandgas
#energy
#Africa
$IVZ $IVCTF Invictus Energy has spudded the maiden exploration well Mukuyu-1 in our Cabora Bassa drilling campaign. Mukuyu-1 will take ~50-60 days to complete. The Company will release updates as drilling progresses. Full details:
Invictus Energy $IVZ has concluded drilling operations at Mukuyu-ST1
The well has proven a working hydrocarbon system in
#Zimbabwe
's Cabora Bassa basin and work is already underway for a follow up appraisal campaign
Read more:
#oilandgas
#energy
#Africa
Invictus Energy $IVZ $IVCTF has confirmed a working hydrocarbon system in
#Zimbabwe
's Cabora Bassa basin
Fluorescence and elevated gas shows have been observed in the Upper Angwa primary target in the Mukuyu-1 well
Read more:
#oilandgas
#energy
#africa
HIGH-QUALITY GAS CONFIRMED
$IVZ confirms a large and rich gas-condensate discovery at Mukuyu, following initial analysis results of downhole fluid samples.
The high-quality gas will require minimal processing for downstream sale.
Read on 👉
ADDITIONAL GAS DISCOVERY AT MUKUYU-2
$IVZ have declared an additional gas discovery from the M-2 sidetrack well.
This marks another significant milestone for the Company, significantly expanding the resource estimate in the Mukuyu gas field.
Read on👉
Invictus Energy $IVZ $IVCTF Managing Director Scott Macmillan spoke with
@Finnewsnetwork
It comes on the back of today's announcement the Mukuyu-1 well has confirmed a working hydrocarbon system in
#Zimbabwe
's Cabora Bassa basin
Watch the interview below 👇
#energy
#oilandgas
Invictus Energy $IVZ $IVCTF confirms light oil, gas-condensate, and helium in the Mukuyu-1 well in
#Zimbabwe
's Cabora Bassa basin following mud gas analysis
📽Watch a video summary of results below
Full ASX announcement here:
#oilandgas
#energy
#Africa
Invictus Energy $IVZ $IVCTF is now funded for the upcoming 2-well exploration campaign in
#Zimbabwe
's Cabora Bassa basin
Mukuyu-1 will spud early September and target an estimated 4.3 billion barrels of oil equivalent
Read more:
#oilandgas
#Africa
Invictus Energy $IVZ $IVCTF announces an independent prospective resource of 1.2 billion barrels from 5 drill ready prospects in the Basin Margin Area
This takes the total Cabora Bassa Prospective Resource to >5.5 billion boe
Read more:
#Zimbabwe
#Africa
Invictus Energy $IVZ $IVCTF is pleased to announce that we have secured Exalo's
#202
rig to drill the Muzarabani-1 well in May 2022. The well will target 8.2 Tcf & 247 million bbls of conventional gas-condensate one of the largest drill targets globally in 2022.
Invictus Energy $IVZ $IVCTF has commenced construction at the Mukuyu wellsite in Zimbabwe.
The Mukuyu structure is independently estimated to contain 8.2 Tcf + 247 million barrels of conventional gas-condensate.
#Zimbabwe
#oilandgas
#drilling
Invictus Energy $IVC $IVCTF is closing in on drilling its maiden well in
#Zimbabwe
's Cabora Bassa basin
Assembly of the Exalo Rig 202 is over 90% complete
Mukuyu-1 will target an estimated 20Tcf and 845 million bbls of conventional gas condensate
#oilandgas
#africa
#energy
$IVZ has signed an updated Memorandum of Understanding (MOU) with Mbuyu Energy to develop a 500MW gas to power project.
This is a significant milestone for the Company, setting the stage to deliver the gas needed to power the local region.
Read on:
Invictus'
#exploration
footprint now covers the entire oil and gas play fairway in
#Zimbabwe
's Cabora Bassa Basin
The Baobab prospect has also been selected as the 2nd well in the current drilling campaign
Read today's announcement:
#oilandgas
$IVC $IVCTF
It's all systems go at the $IVZ's M-2 wellsite in
#Zimbabwe
.
Watch the latest site footage below of the Exalo Rig 202 kick starting the drilling campaign towards a planned total depth of 3,750 metres.
IVZ looks forward to providing updates as the drilling campaign progresses.
The Exalo Rig 202 has begun to arrive at the Mukuyu-1 wellsite at Invictus Energy's $IVZ $IVCTF Cabora Bassa project in
#Zimbabwe
Mukuyu-1 is anticipated to start drilling in August and will target 20Tcf + 845mm bbls of gas-condensate
#oilandgas
#exploration
#energysecurity
$IVZ $IVCTF is pleased to present a video overview of the Mukuyu Prospect and Mukuyu-1 drilling targets for the first high impact well in the Cabora Bassa Basin.
Mukuyu-1 will target an estimated 20Tcf and 845 million bbls of conventional gas condensate
Managing Director
@scott_mac_zw
provides an overview of the confirmed high-quality gas discovery at Mukuyu, following preliminary sample analysis results.
This places $IVZ in a confident position for monetising the Mukuyu gas discoveries and next phase of appraisal.
Watch on 👇
$IVZ has completed rig mobilisation and assembly in preparation to commence drilling this month at the Cabora Bassa Project in Zimbabwe.
This marks another key milestone, with final preparation of well services equipment nearing completion.
Read on👉
Final preparations are underway at $IVZ Mukuyu-2 wellsite in the Cabora Bassa Basin, Zimbabwe.
The Company is inching closer to its spud date, which will kick off a 50-to-60-day campaign with the goal of declaring a material discovery.
Hear the latest from MD Scott Macmillan👇
$IVZ
@energy_invictus
seismic campaign preparations going well. 5 Polaris vibroseis machines being loaded up to head to Harare and then out to the field.
Invictus Energy $IVZ $IVCTF continues to progress its maiden
#drilling
campaign in
#Zimbabwe
's Cabora Bassa basin
The Company is drilling ahead in the 12¼” hole section which is targeting the Dande and Forest formations
#oilandgas
#exploration
#Africa
$IVZ's exploration team has reached Total Depth at the M-2 wellsite in Zimbabwe.
Further strong gas shows and fluorescence were encountered in multiple zones, while over 1,000m of gross interval hydrocarbon charge has been observed.
Read the full update:
STRONG GAS SHOWS AT MUKUYU-2
$IVZ continues to observe highly encouraging signs at Mukuyu-2 with increased
#gas
shows, fluorescence, and elevated resistivity from LWD tools detected across multiple zones.
Read the full drilling update below👇
Invictus Energy $IVZ $IVCTF Managing Director Scott Macmillan spoke with
@Finnewsnetwork
It comes on the back of news fluorescence and elevated
#gas
shows have been observed across multiple zones in the Mukuyu-1 well in
#Zimbabwe
Watch the interview below 👇
#energy
#oilandgas
Invictus Energy $IVZ $IVCTF Managing Director Scott Macmillan presented at
@africaoilweek
in
#CapeTown
this week
Headlining Scott's presentation was the 1.2bn bbl prospective resource update for the Basin Margin Area at the Cabora Bassa Project
#AOW22
#AfricaOilWeek
#oilandgas
$IVZ $IVCTF is encouraged by continued elevated
#gas
shows and fluorescence observed drilling the Mukuyu-1 well deeper to a TD of 3,923m
The well has proved up potential of the primary target Upper Angwa over a 900m interval
Read more:
#oilandgas
#energy
The $IVZ Board recently met with Zimbabwe’s Minister of Energy, Hon. Edgar Moyo, to discuss the successful Mukuyu discovery in the Cabora Bassa Basin and advancing the Production Sharing Agreement.
$IVZ expresses gratitude to the Zimbabwe Government for their ongoing support.
$IVZ $IVCTF Deputy Chairman Joe Mutizwa and team hosted local and international media at the Mukuyu-1 well site as we prepare to commence drilling soon
At the
@energy_invictus
gas exploration well site, businessman
@JoeMutizwa
speaks to us on why his fund, Mangwana Capital, has made a bet on the project:
• 35 pension funds in play
• Govt could get up to 60% of output under a production sharing agreement being discussed
🚧Work continues to progress on assembling the Exalo Rig 202 at the Cabora Bassa project in
#Zimbabwe
The rig will be used to drill the Mukuyu prospect, where Invictus Energy $IVZ $IVCTF is targeting a combined 20Tcf and 845 million bbls of gas condensate
#drilling
#oilandgas
Invictus Energy $IVZ $IVCTF has released an updated independent prospective resource assessment of 20 Tcf and 845 million bbls of gas-condensate, on a gross mean unrisked basis, for the Mukuyu prospect in
#Zimbabwe
Link to
#ASX
announcement below 👇
#oilandgas
#energy
#Africa
HYDROCARBON GAS RECOVERED AT M-2
Further results continue to reaffirm the presence of moveable hydrocarbons at M-2, with the successful recovery of natural gas to surface.
$IVZ's MD hosted an investor briefing, covering today's ASX update.
View here:
MOU TO DELIVER LOCAL GAS SUPPLY
$IVZ has signed a MOU for a gas-to-power project to supply energy to one of the largest gold producing mines in Zimbabwe.
This MOU is a major step forward for IVZ's commercialisation strategy.
Read today's ASX update:
$IVZ's preliminary wireline program has been completed, with multiple hydrocarbon bearing zones identified & intervals displaying elevated gas shows.
The team will soon commence fluid sampling, expected to be complete in the next 2-3 days.
Read on👇
M-2 DRILLING UPDATE
$IVZ reveals encouraging elevated gas readings, including heavier hydrocarbons have been observed.
IVZ is preparing to drill a further 1,000m through the remaining primary target and into the untested Lower Angwa.
Read full update:
$IVZ has extended the contract for Exalo Rig 202 to remain in the Cabora Bassa Basin for another 2 years.
Highly encouraging results from the Mukuyu campaigns set the stage to extend the agreement in preparation for future exploration activity.
Read on👉
$IVZ has reached total depth of 3,360m in the M-2 sidetrack well, with strong gas shows observed in the Lower Angwa.
This follows last week’s declared discovery in the Upper Angwa target with the successful recovery of hydrocarbons to surface
Read on👉
Invictus Energy $IVZ $IVCTF is pleased to announce a progress update to its maiden
#drilling
campaign in
#Zimbabwe
's Cabora Bassa basin.
Drilling continues towards the primary targets in the Upper Angwa Alternations Member.
Read more here:
$IVZ's exploration team observed positive signs of
#gas
and liquid hydrocarbons at Mukuyu-2.
The encouraging evidence of moveable
#hydrocarbons
was detected during the
#sampling
program, with further results expected in the next few days.
Read more👇
Invictus Energy $IVZ $IVCTF has been awarded 3 carbon offset projects in
#Zimbabwe
This could allow Invictus to potentially develop the world's first cradle to grave carbon neutral oil and gas project
Read more:
#oilandgas
#EnergyTransition
#emissions
The past few weeks have seen $IVZ achieve significant project milestones, including proving a working hydrocarbon system with its maiden drilling campaign in
#Zimbabwe
Click below to view this month's newsletter and subscribe to keep on top of updates
$IVZ reaffirms the presence of light
#oil
,
#gas
and
#helium
after completing further analysis of samples from the basin opening M-1 well.
These results bode well for the upcoming M-2 campaign set to commence drilling in September.
Read on 👇
Invictus Energy $IVZ $IVCTF is pleased to have secured long lead items for a high impact 2 well drilling campaign scheduled to commence in May 2022 including the world class 8.2 Tcf + 247 million bbls Muzarabani prospect.
Invictus Energy Chairman Dr Stuart Lake will be stepping away from the Company for personal reasons
$IVZ $IVCTF would like to thank Stuart for his commitment as Chairman and the role he has played in the Company's success to date
Read his full statement:
Invictus Energy $IVZ $IVCTF Managing Director Scott Macmillan is on the ground at the Mukuyu-1 wellsite in
#Zimbabwe
Targeting an estimated 20Tcf + 845mm bbls of gas-condensate, a discovery at Mukuyu could be significant for Zimbabwe and the wider southern Africa energy market
The first loads of the Exalo Rig 202 have arrived at the Mukuyu-1 wellpad. The well is expected to spud in August targeting 20 Tcf + 845 million bbls of conventional gas-condensate. $IVZ $IVCTF
A recent report by
@WoodMackenzie
highlights the significance of our Mukuyu-2 discovery, recognised as the second largest discovery well for 2023 in Sub-Saharan Africa.
Read more in today's announcement here:
$IVZ
#energy
#discovery
#Africa
$IVZ has reaffirmed the rich gas-condensate discovery in Mukuyu following further positive results from sample analysis.
This is another extremely encouraging step forward for IVZ, setting the stage for continued success in the Mukuyu field.
Read on:
Exploration rights to Invictus Energy's $IVZ $IVCTF expanded licence area in
#Zimbabwe
's Cabora Bassa basin has been gazetted
The company's footprint now covers the entire conventional
#oilandgas
play fairway in the basin
Read more:
#Africa
#energy
Invictus Energy $IVZ $IVCTF is nearing completion of the Mukuyu-1 well pad preparations, while the Exalo 202 Rig is currently mobilising to the wellsite
Mukuyu-1 will test
#Africa
's largest undrilled onshore oil and gas prospect
#oilandgas
#Zimbabwe
#drilling
#exploration
$IVZ has released its December
#quarterly
activities report.
Significant milestones were achieved during the quarter with the maiden
#exploration
campaign confirming a working
#hydrocarbon
system
Watch and read more on the results and activities below 👇
Energy supply issues impacting Zimbabwe are now threatening the country’s economy.
This is why $IVZ is focused on advancing our Cabora Bassa project, following our recent discoveries achieved in the Mukuyu wells.
Read more from
@SmallCapsASX
below 👇
$IVZ has identified multiple prospects following refreshed results from 2D seismic survey activity across its Cabora Bassa Project.
Interpretation of seismic data in the Dande Formation suggests the potential for a single, large accumulation.
Read on:
$IVZ has completed 467 km of 2D seismic acquisition with >100,000 hours LTI free. A great achievement by our team and Polaris. Early results from the processing of the new data is very encouraging. The seismic data will determine the well locations for the 1H2022 drilling program
$IVZ Seismic Project Manager Barry Meikle interviews Polaris HSE Adviser Tapiwa Hikwa on her role in the seismic acquisition campaign and how we keep everyone involved in the project and the community safe
$IVZ has successfully kicked off the M-2 sidetrack well.
The Exalo Rig 202 is drilling towards the Upper and Lower Angwa reservoirs where multiple
#hydrocarbon
bearing zones were intersected in the original Mukuyu-2 wellbore.
Read on 👇
Invictus Energy $IVZ $IVCTF is pleased to announce the Exalo Rig 202 has commenced mobilisation from Tanzania to the Mukuyu-1 well site in Zimbabwe
Read the full announcement here:
#exploration
#oilandgas
#energy
$IVZ is well underway with its M-2 appraisal campaign in Zimbabwe.
Bringing the wellsite to life involved a variety of specialised service providers to construct the site and shift the project into operation.
Check out the time-lapse footage below showcasing the journey 👇
$IVZ has reached the first 496m of the Mukuyu-2 well, at the Company’s Cabora Bassa Project.
M-2 will be drilled to a planned total depth total depth of 3,750m with the full drilling campaign on track to take approximately 50 to 60 days.
Read more:
$IVZ CB21 Seismic Survey has been completed. We acquired 839.3km of high resolution 2D seismic data during the campaign whilst achieving a flawless health and safety performance of 142,000 hours of LTI and incident free operations. Congratulations to the $IVZ and Polaris team.
Assembly of the Exalo rig at $IVZ's Mukuyu-2 wellsite has commenced, with IVZ on track to start drilling next month
The M-2 appraisal well is a follow up to the highly successful basin opening M-1 well, which validated a working hydrocarbon system
View the latest site footage👇
$IVZ commences trading on the VFEX as part of the US$10m Placement launched last week, marking a significant milestone for the Company
Funds raised will propel IVZ's dual strategy of early monetisation and further development of the Cabora Bassa
Read on:
$IVZ Managing Director
@scott_mac_zw
provides an overview of the active June quarter, with Phase 2 exploration underway in the Cabora Bassa Basin and the Mukuyu-2 appraisal well on track to spud.
Watch the full video below 👇
#Zimbabwe
#energy
#oilandgas
REGISTER NOW 📺
$IVZ MD Scott Macmillan will host a shareholder briefing next week to provide a forward operational plan and corporate update for the Cabora Bassa Project.
TIME: 19 June at 12:30pm AEST / 10:30am WST
WHERE: via Zoom, register here👇
Invictus Energy $IVZ $IVCTF takes a shared prosperity approach to ensure all stakeholders benefit from our operations in
#Zimbabwe
's Cabora Bassa basin
The
@HeraldZimbabwe
recently reported on the impact of our CSR program👇
#sustainability
#CSR
IN THE MEDIA 📰
In a recent interview with Mining Weekly, $IVZ MD Scott Macmillan highlights the next steps to commercialise the Cabora Bassa gas discoveries, with the objective of feeding critical energy into local and international markets.
Read on: 👇
WEBINAR RECORDING 📺
“This has opened up a significant resource for us in Mukuyu.”
Following today’s additional discovery announcement, MD Scott Macmillan provided first-hand insights into the significant results.
In case you missed it, view here:
Gas samples retrieved from the successful M-2 / ST1 campaign are set to reach the US for lab analysis this week.
Results will provide confirmation of the samples hydrocarbon composition - a key step in our exploration and development journey.
Read on:
$IVZ reached momentous milestones in the December quarter, headlined by the declaration of 2 basin-opening gas discoveries.
Building on this success, IVZ signed a gas sales MOU with Mbuyu Energy, setting a strong pathway towards development.
Read on👇
The latest edition of Invictus Energy's ( $IVZ, $IVCTF) Shareholder News is out now
Watch MD Scott Macmillan give an overview of the successful
#drilling
campaign at Mukuyu in the video below
You can read the full newsletter and subscribe here:
#oilandgas
$IVZ achieved significant milestones during the quarter, headlined by the spud of Mukuyu-2.
The exploration program continues to demonstrate positive signs in multiple zones, as drilling moves closer to the evaluation phase.
Read the full report:
$IVZ has commenced the mobilisation of the Exalo Rig 202 to the Mukuyu-2 wellsite, with the Company on track to start drilling in September.
Read the full ASX announcement here:
#energy
#oilandgas
#exploration
The Invictus Energy Board was hosted by the Hon Winston Chitando from
#Zimbabwe
's
@MinistryMines
this month
$IVZ is preparing follow up appraisal work after confirming a working hydrocarbon system in the Cabora Bassa basin with the successful Mukuyu-1 well
#oilandgas
#energy
$IVZ is preparing for its upcoming Mukuyu appraisal campaign in Zimbabwe’s Cabora Bassa basin.
The Invictus board is also on the ground in
#Zimbabwe
to meet with government and local stakeholders.
Watch the full video below 👇
$IVZ provides an update on its Mukuyu-2 drilling campaign in Zimbabwe, reaching 1966m MD to set casing above the first zones of interest where hydrocarbons were encountered during the previous play opening Mukuyu-1 campaign.
Read the full update here:
Invictus Energy $IVZ $IVCTF MD Scott Macmillan provided an overview of the results of the Company's drilling campaign which has proven a working hydrocarbon system in
#Zimbabwe
's Cabora Bassa basin
Full recording in comments 👇
#oilandgas
#energy
#Africa
The $IVZ CSR program in the Muzarabani and Mbire communities is focused on provision of water to clinics and schools and diptanks. At Chidodo Village which is extremely remote near the Mozambique border we have resuscitated boreholes and connected water into the maternity clinic.
📢 IN THE MEDIA 📰
$IVZ has been in the media spotlight following the successful discoveries at Mukuyu-2.
This is only the beginning for IVZ with the recent signing of a MOU and further encouraging results delivered from the Cabora Bassa Basin.
Check out the highlights below👇
Invictus Energy $IVZ $IVCTF - excellent progress at the Mukuyu wellpad construction with drilling scheduled to commence in July
The Mukuyu structure is independently estimated to contain 8.2 Tcf + 247 million barrels of conventional gas-condensate.
#Zimbabwe
#oilandgas
#drilling
Invictus Energy $IVZ $IVCTF is pleased to announce that our SG 4571 licence area has been increased 7 fold to 709,300 hectares & entered into a HOA with the Sovereign Wealth Fund of Zimbabwe. We will commit to drilling a 2nd well in June campaign. Details:
$IVZ has identified significant multi-Tcf gas prospectivity in the eastern Cabora Bassa Basin, Zimbabwe.
8 high-potential prospects have been defined with an estimated 2.9 Tcf of gas and 184 million barrels of condensate.
Read the full details here:
$IVZ Ground breaking and clearance at the seismic camp location has commenced in Muzarabani ahead of the arrival of the equipment and crew due in the country shortly. Once the camp has been constructed we will begin training ~80 local personnel for the field campaign.
H.E. President
@edmnangagwa
meets Invictus Energy Ltd non executive chairman, Dr Stuart Lake, & the non executive director & company secretary, Habriel Chiappini, @ Emirates Towers, in Dubai, United Arab Emirates. Invictus Energy Ltd is the company exploring for oil in Muzarabani
$IVZ making excellent progress with the CB21 seismic survey. Over 220km recording and outstanding safety performance with >87,000 hours LTI free. Our OTCQB listing is being finalised following significant investor interest in North America and will trade under the ticker IVCTF
$IVZ continues to progress the M-2 wellpad construction, with the Exalo Rig 202 due on location in the coming weeks
The well is set to spud this quarter, targeting multiple horizons intersected in the M-1 well, including the primary Upper Angwa & untested Lower Angwa reservoirs
Invictus Energy $IVZ $IVCTF has successfully raised $12m via a private placement.
Funds will go towards drilling of the Mukuyu-1 well, which will test Africa's largest undrilled onshore oil and gas prospect.
Read more:
#Zimbabwe
#oilandgas
#Africa
$IVZ has kicked off its Phase 2 oil and gas exploration campaign in Zimbabwe’s Cabora Bassa Basin, commencing its latest 2D seismic campaign.
Read more here:
Watch the video below on the Company's previous seismic campaign 👇
$IVZ has mapped out a multi-phase approach to commercialise its Cabora Bassa assets, as Invictus transitions from explorer to developer.
Here the latest insights from MD Scott Macmillan below 👇
Invictus Energy $IVZ $IVCTF is pleased to announce former
@TullowOilplc
GM Exploration Africa, Robin Sutherland, has joined the board as a Non-Executive Director
It follows the appointment of John Bentley as Non-Executive Chairman earlier this week
#Africa
#oilandgas
#energy
GROUNDBREAKING INVESTMENT
A new US$10m placement led by a strategic consortium is opening the gate for Zimbabweans to invest in Invictus Energy and its Cabora Bassa Project.
Hear direct from MD Scott Macmillan below 👇
#energy
#development
#investors
$IVZ reveals the location for its follow up appraisal well to the play opening Mukuyu-1 exploration in Zimbabwe's Cabora Bassa Basin.
Mukuyu-2 is set to spud during the current quarter, targeting multiple horizons intersected in the M-1 well.
Read more: