Invictus Energy Commences Mukuyu-2 Appraisal Program Prep in Zimbabwe

Friday, February 24, 2023

Invictus Energy provided an update on its operations on the SG 4571 license in Zimbabwe’s Cabora Bassa Basin where it is preparing for the Mukuyu-2 spud in early Q3.

HIghlights

• Appraisal program commences with Mukuyu-2 spud targeted for early Q3 2023
• Well services and long lead process tendering commenced
• Mukuyu-1 post well analysis of pressure data indicates potential for significant gas columns in Pebbly Arkose and Upper Angwa
• Industry interest received to partner in project and forward work program

The company also plans to acquire additional seismic in the eastern portion of EPO 1848 & 1849 to mature multiple leads (Mopane, Musuma, Machabel and Mahogany) along the proven play on trend to the east of Mukuyu and additional leads along the highly prospective Basin Margin play (Mimosa and Mukwa.

Managing Director Scott Macmillan. commented: “Preparations for the Mukuyu-2 appraisal well have commenced, with drilling currently targeted to commence in early Q3. We will take the learnings from the successful Mukuyu-1/ST1 well to optimize the well design for the drilling conditions encountered and the ability to evaluate multiple hydrocarbon bearing intervals.”

To read the full release with updates on the results of the Mukuyu-1/ST1 well as well as graphics, see the full press release at the Invictus site here.

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