Oil, gas prospects in Muzarabani brighten

Zim Now Writer

Invictus Energy Limited has announced that the Mukuyu-1 well that is currently being drilled in its 80 percent-owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin has oil and gas.

“Results prove up potential of the Upper Angwa formation over a 900m gross interval Exalo Rig 202 contract extended for 12 months to remain in Cabora Bassa Basin. Preparations commencing for Mukuyu appraisal with Phase 2 drilling and evaluation, investor briefing to discuss Mukuyu drilling results and forward plan,” announced Invictus in a tweet.

In the tweet, the Australia-based company said it is pleased to announce that it has completed drilling operations at Mukuyu ST 1.

“Invictus Energy Limited (“Invictus” or “the Company”) is pleased to provide an update on the Mukuyu-1 well that is currently being drilled in its 80 percent-owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin,” reads part of the tweet.

Since the last update, the drill string was rigged up to conduct fishing operations to attempt to retrieve the wireline formation testing tool.

The drill string with the overshot was run in a hole to the casing shoe to commence installation of the side entry sub to allow for allow wireline operations through drill pipe without interference from the rig’s top drive system.

Log analysis indicates multiple potential gas bearing reservoir units, despite no initial fluid sample being able to be obtained due to technical and operational issues.