Invictus closer to second oil, gas test well drill...

Invictus closer to second oil, gas test well drilling

Zim Now Writer

Australia-headquartered energy firm, Invictus Energy, which is exploring oil and gas Muzarabani, in the north of Zimbabwe, says it is closer to launching its Mukuyu-2 test well drilling programme after successfully achieving key milestones last month.

The company recently commenced mobilisation of Polish firm Exalo Drilling South Africa’s rig number 202 to the Mukuyu-2 wellsite in the Cabora Bassa Basin in Muzarabani and Mbire districts of Mashonaland Central Province.

Invictus Energy managing director, Scott Macmillan said various well-service providers were working alongside Invictus, after they were awarded contracts to carry out the latest exploration drilling exercise in the firm’s licence areas in the Cabora Bassa programme.

“Invictus is inching closer to launching our landmark Mukuyu-2 drilling campaign with a range of exciting developments achieved in the last month.

“Construction at the selected Mukuyu-2 wellsite, a little over 6 kilometres from Mukuyu-1 / ST-1 site, has commenced with clearing and compaction complete, and well trajectory confirmed, with the campaign on track to spud in the third quarter this year,” he said.

The drilling campaign at Mukuyu-2 wellsite follows the Mukuyu-1 prospect exploration drilling conducted in September last year.

Although technical glitches were experienced before Mukuyu-1 exploration drilling was restrained as Invictus could not extract a fluid sample to fulfil regulatory requirements to declare a commercial discovery, large natural gas and oil reserves were confirmed in the Cabora Bassa Basin.

The confirmation of hydrocarbons in Zimbabwe creates an opportunity for an additional source of energy for Zimbabwe, which could unlock a number of other massive economic growth opportunities.