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Invictus Energy (ASX:IVZ) provides Mukuyu-1 drilling update; primary targets eyed - Kalkine Media

Image Source: Company website

Highlights:

  • The Mukuyu-1 well, located in the Mukuyu prospect of Invictus Energy Ltd’s SG 4571 licence in Zimbabwe’s Cabora Bassa Basin, is being drilled currently.
  • The company has obtained some initial results pertaining to ‘secondary’ targets while it is on track to drill the ‘primary’ targets in the Upper Angwa and Pebbly Arkose formations.
  • The 12 ¼” intermediate hole section has been drilled down to a total of 2021 meters.
  • In the abovementioned intermediate section, a zone of interest as the ‘secondary’ objective in the 200 Horizon target has been interpreted to contain potential hydrocarbons with tight reservoir properties via wireline logging.

Invictus Energy Ltd (ASX:IVZ) has an update on the Mukuyu-1 well, which is currently being drilled in its 80% owned SG 4571 licence in Cabora Bassa Basin, Zimbabwe. The Mukuyu conventional gas-condensate prospect, in which the Mukuyu-1 well is being drilled, sits within the said basin.

Image source: © 2022 Kalkine Media®; data source: Company update, 26 October 2022

Invictus Energy Ltd is a Perth-headquartered, independent upstream oil and gas company. It is opening one of the last untested large frontier rift basins in onshore Africa, the Cabora Bassa Basin, in northern Zimbabwe through a high-impact exploration program.



 


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