Invictus Energy to Drill in Zimbabwe

Australian listed oil and gas exploration company, Invictus Energy, has commenced field operations in the Muzarabani prospect, where the company has started preparing for the drilling of two test wells. The reinterpretation of data originally collected by ExxonMobil has revealed immense oil and gas potential in the area.

The project will cost between $15 million and $20 million per well, in which US$3.5 million has already been invested in preliminary work. Invictus will begin mapping out the routes for the planned seismic acquisition in 2021.

“The reconnaissance programme and baseline survey consist of the traversing of the proposed infill seismic lines for a planned acquisition campaign in the 2021 dry season,” stated Invictus. “The programme will capture details such as typography, existing access roads, drainage, vegetation cover, soil types, rock exposures, sampling of any natural oil and gas seeps, areas of development (construction and cultivation), as well as any sites representing cultural, religious, or historic importance.”

Having passed through the technical evaluation stage, the project is moving into the commercial evaluation stage, which has been delayed by the COVID-19 pandemic.

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