Exploration News in Zimbabwe
| 1/24/2025 - QUARTERLY HIGHLIGHTS Operational • Final Petroleum Production Sharing Agreement (PPSA) review completed, and finalisation in progress in preparation for execution. • 3D seismic and... |
| 1/13/2025 - HIGHLIGHTS • SG 4571 Licence extension formally gazetted • Paves way for exploration and other works programs to roll out over next three years Invictus Energy Limited (“Invictus” o... |
| 11/29/2024 - HIGHLIGHTS • A final independent review of the Petroleum Production Sharing Agreement (PPSA) by external European legal counsel has been completed and is now with the relevant Government author... |
| 10/31/2024 - QUARTERLY HIGHLIGHTS Operational • Eight high potential prospects defined in eastern Cabora Bassa totalling 2.9 Tcf gas and 184 MMbbl condensate (gross mean unrisked basis) • Narro... |
| 7/18/2024 - Invictus Energy Limited (“Invictus” or “the Company”) is pleased to provide an update on
operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. SG 4571 Licence Contain... |
| 3/13/2024 - HIGHLIGHTS • Shareholder Entitlement Offer raises $1.5 million • Mangwana Capital engaged to lead strategic investment process following strong interest from Zimbabwean institutional invest... |
| 12/8/2023 - The Australian-listed oil and gas company has made a substantial gas discovery at the Mukuyu-2 well in Zimbabwe, unlocking newfound opportunities for energy security and industrialization. ... |
| 12/7/2023 - HIGHLIGHTS ? Gas discovery in Mukuyu-2 ? Four hydrocarbon samples recovered to surface from two zones in Upper Angwa ? First Triassic aged hydrocarbon discovery in Sub Saharan Africa, w... |
| 4/28/2023 - HIGHLIGHTS • Mukuyu-2 appraisal and Phase 2 exploration commences • Mukuyu-1 ST1 identifies 13 potential hydrocarbon bearing zones • Post well analysis indicates potential for signific... |
| 3/29/2021 - HIGHLIGHTS • Petroleum Exploration Development and Production Agreement (PEDPA) signed with Republic of Zimbabwe • PEDPA provides the licence holder the right to enter into a 25 year produc... |
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