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
Billions at stake
His predecessor had refined the art of threats and rolling out harsh laws and policies before he was toppled, which defined the final 17 years of his disastrous rule.
By The Zimbabwe Independent
Sep. 1, 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
Invictus kicks off second exploration programme
The phase two exploration commenced with a 2D seismic programme, according to the resource outfit whose earlier explorations have so far picked good signs of light oil.
By Mthandazo Nyoni
Jun. 15, 2023
Invictus raises US$23,57m for Zim projects
In a shareholder update, the firm’s managing director Scott Macmillan said they had received strong support from new and existing institutional as well as sophisticated investors.
By Mthandazo Nyoni
Jun. 7, 2023
Invictus awards seismic contract for phase 2 exploration campaign
Invictus recently confirmed the presence of “light oil, gas-condensate and helium” from Mukuyu-1 compositional analysis.
By Mthandazo Nyoni
May. 19, 2023
Invictus seeks to raise US$10m
Invictus said preparations for the Mukuyu-2 appraisal programme and Cabora Bassa Phase 2 exploration campaign were well advanced.
By Mthandazo Nyoni
Apr. 13, 2023
Millions wiped off Invictus after Zambezi Valley debacle
The Australia Stock Exchange listed outfit drilled two test wells at its Cabora Bassa claims near Mahuhwe in Mbire, all of which failed to deliver a find.
By Tatira Zwinoira
Mar. 24, 2023
Premium
Judge’s sudden resignation opens a Pandora’s box
Local News
By Sydney Kawadza and Tinashe Makichi
Nov. 24, 2023
