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

Invictus in US$8,95m surplus after drilling investments

The announcement was made in IEL’s company results for the period under review, which was down nearly 56% from the previous quarter’s cash holdings of AUD28,49 million (US$20,23 million).
By Tatira Zwinoira Jan. 26, 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

Invictus hunts for new chairperson

“The board has commenced a global search for suitable chairperson candidates and anticipates an appointment to the role in the first quarter of 2023,”
By Mthandazo Nyoni Dec. 7, 2022

Invictus in potential hydrocarbon findings

Invictus reported that it had reached the second phase of drilling several hundred metres and identified hydrocarbons at a width of 12 ¼”.
By Tatira Zwinoira Oct. 27, 2022

Setbacks hit Zim oilfields

The firm, which kicked off drilling the first of two test wells at its Zimbabwe-based Cabora Bassa claims in Muzarabani last month.
By Mthandazo Nyoni Oct. 18, 2022

All eyes on the Zambezi valley oil rigs

It would be a real surprise and a most welcome development if Invictus Energy and the government of Zimbabwe acted otherwise and remember the Zambezi Valley communities and the nation at large.
By Newsday Sep. 29, 2022

Stampede for Zim oilfields... US$17m raised ahead of landmark drill

“Mangwana Capital represents 35 Zimbabwean pension funds,” Mutizwa told reporters.
By Tatira Zwinoira Aug. 31, 2022