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Invictus Energy (ASX:IVZ) receives encouraging preliminary wireline results at Mukuyu-1 - Kalkine Media

Image Source: Company Website

Highlights

  • Invictus Energy has completed the preliminary wireline programme at Mukuyu-1 well that is being drilled in its SG 4571 licence in Cabora Bassa Basin.
  • As per the ongoing log analysis, there are several potential gas bearing reservoir units at the wellsite.
  • A wireline formation testing tool will be used for pressure and fluid sampling to test presence of moveable hydrocarbons.

 

Oil and gas exploration company, Invictus Energy Limited (ASX:IVZ) has shared an update on the Mukuyu-1 well that is currently being drilled at SG 4571 licence (80% owned) in Zimbabwe’s Cabora Bassa Basin.

The company has concluded a wireline evaluation programme that was being conducted across the entire 8½” hole section at the wellsite. According to the preliminary formation evaluation of the wireline logging data including gamma ray, resistivity, density and neutron tools, there lie numerous potential gas bearing zones coincident with intervals which displayed elevated gas shows during drilling.



 


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