Qatari firm boosts Muzarabani oil, gas project
According to the transaction, 398 368 131 new shares at AUD0,095 each will be issued, and the deal will be completed on September 24.
By Tatira Zwinoira
6h ago
Zim gas deal: ‘New era in Africa energy future’
Following successful exploration results and the award of Environmental and Social Impact Assessment approvals, Invictus is now advancing the project towards commercialisation.
By Mthandazo Nyoni
Jun. 6, 2025
Premium
Invictus finalises preps for pilot gas, petroleum production
Invictus’s Cabora Bassa Gas and Oil Project is located in the Muzarabani district of Mashonaland Central Province, northeast of Zimbabwe.
By Tatira Zwinoira
May. 12, 2025
Invictus board heads for Cabora Bassa
In December 2023, the company announced a gas discovery, and by the third quarter of 2024, it had potentially identified an estimated 184 million barrels of oil.
By Tatira Zwinoira
Mar. 14, 2025
Invictus discovers prospective oil resource in Muzarabani
The company had previously announced the identification of new prospects in the Dande Formation in the east of the basin.
By Tafadzwa Mhlanga
Sep. 4, 2024
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 to reveal gas levels in Muzarabani in two weeks
Drilling stopped without the confirmation of the presence of hydrocarbons or any other fluid sample.
By Belinda Chiroodza
Feb. 14, 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
Premium
2008 aftershock hits Zim financial regulators …realtor sues authorities over lost investments
Local News
By Staff Writer
Aug. 22, 2025