Invictus Energy to hold shareholder briefing on Ca...

Invictus Energy to hold shareholder briefing on Cabora Bassa project

Nyashadzashe Ndoro

Chief Reporter

Invictus Energy has announced that it will hold a shareholder briefing on Wednesday, June 19, 2024.

The briefing will discuss the Cabora Bassa Project, including the significant gas-condensate discovery made at Mukuyu-2, new prospects mapped from the recent CB23 seismic results for the new Eastern Margin play, forward operational plan, and corporate update.

Managing Director Scott Macmillan will present via Zoom, and the webinar will provide an opportunity for shareholders to learn more about the project's progress and the company's plans for the future.

Invictus Energy Ltd is an independent upstream oil and gas company listed on the Australian Securities Exchange. Headquartered in Perth, Australia, with offices in Harare, Zimbabwe, the company is focused on opening up one of the last untested large frontier rift basins in onshore Africa, the Cabora Bassa Basin, in northern Zimbabwe, through a high-impact exploration programme.

The company said it is committed to operating in a safe, ethical, and responsible manner, respecting the environment, staff, contractors, and the communities in which they work.

The Cabora Bassa Project has generated significant interest in the oil and gas industry, with the Mukuyu-2 discovery indicating a substantial gas-condensate find. The recent CB23 seismic results have also mapped new prospects for the Eastern Margin play, providing further potential for the project.

The shareholder briefing will provide an update on the project's progress and the company's plans for the future, including its forward operational plan and corporate update.

The company encouraged shareholders and investors to join the webinar to learn more about developments in the Cabora Bassa Project.