Hydrocarbon zones brighten Invictus' Muzarabani pr...

Hydrocarbon zones brighten Invictus' Muzarabani prospects

Zim Now Writer

Australian oil and gas exploration firm, Invictus Energy, says it has identified 13 potential hydro-carbon-bearing zones across the Pebbly Arkose and Upper Angwa formations in the Muzarabani area in Mashonaland Central Province, where the firm has been involved in exploration work.

In a trading update on Monday, Invictus managing director Scott Macmillan said the Mukuyu-1 and ST1 drilling campaign has been a great success, resulting in the identification of 13 potential hydrocarbon-bearing zones.

“This is an outstanding result and virtually unprecedented for the first well in a frontier basin, establishing a new petroleum province and substantially de-risking the company’s wider acreage in the Cabora Bassa Basin," reads the statement.

Invictus is still interpreting all the data collected and the results will be integrated into the seismic data and basin models to guide future well locations and exploration prospect selection.

Significantly, a combined 225-metres of gross potential hydrocarbon bearing zones have been identified in the primary target Upper Angwa, which still contains a deeper untested potential,” he said.

A second well, the Baobab, will be sunk down to 1.5km soon after drilling Mukuyu 1 and both exercises are set to give a better idea of the full extent of the reserves in the Muzarabani prospect.

This follows the collection of more than 800km of seismic data in 2021.