Mukuyu gas discovery sparks investor interest
Invictus also disclosed that it has raised A$1,5 million (about US$1 million) through shareholder entitlement offer which was launched last month.
By Mthandazo Nyoni
Mar. 14, 2024
Analysis confirms high quality natural at Mukuyu
Macmillan said the results from Mukuyu-2 were consistent with their geological modelling of the Cabora Bassa Basin.
By Mthandazo Nyoni
Mar. 5, 2024
‘Invictus a tremendous asset’
In a shareholder update released on Friday last week, Bentley said Invictus had an extremely active and successful period of growth that culminated in the Mukuyu-2 dual gas discovery.
By Mthandazo Nyoni
Feb. 5, 2024
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 geological survey
A seismic acquisition is a process used to map geological structures beneath the earth’s surface or beneath the seabed and is common practice in the exploration of oil and gas.
By Business Reporter
Aug. 8, 2023
Invictus injects US$8m into exploration programme
During the quarter, the firm successfully raised a combined A$35,4 million (about US$23,57 million), placing the company in a strong position as it embarks on its next phase.
By Mthandazo Nyoni
Aug. 2, 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
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Councillors’ looting spree thwarted
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By Sharon Buwerimwe and Kenneth Nyangani
Apr. 28, 2024
