Invictus Energy finds more gas deposits

Zim Now Writer

Australian energy firm, Invictus Energy Limited, says the total gas observed from drilling at its Mukuyu 2 drill site in Muzarabani, Mashonaland Central Province, is now four times more than the one identified at its first drill site.

This comes as Invictus is drilling a further 1 000 metres to their planned total of 3 750m at its Mukuyu-2 drilling site after identifying further oil and gas deposits.

“Total gas observed from reservoirs in Mukuyu-2 to date is approximately four times greater than observed total gas peaks in Mukuyu-1. Background gas, including heavier hydrocarbons (C4 and C5), is approximately double the background levels observed in Mukuyu-1,” the company said yesterday.

“Along with the fluorescence in the Upper and Lower Angwa Formation reservoirs, this provides further evidence of an active petroleum system in the basin. A failure of the LWD pulser necessitated a change out of the bottom hole assembly which has subsequently been completed.”

The firm noted that strong gas shows of up to 157 times above background gas baseline, with associated drilling breaks, fluorescence in cuttings (indicative of presence of liquid hydrocarbons) and elevated LWD resistivity, had been encountered in multiple Upper Angwa sandstone reservoirs.

“The top of the interpreted lower Angwa (massive member) formation was encountered close to the pre-drill prognosed depth,” Invictus said.

“Further, strong gas shows (up to 151 times above background gas baseline) have been encountered in multiple lower Angwa sandstone reservoirs along with fluorescence in cuttings (see some examples in Figures 1 and 2) and elevated LWD resistivity.”

Invictus Energy managing director, Scott Macmillan said that the firm was seeing encouraging signs through its upper Angwa primary target, and now also in the top lower Angwa.

“Results to date have been extremely encouraging through the upper Angwa and additional positive indications of the play potential in the previously untested lower Angwa is exciting,” he said.

Invictus said last month that it had secured US$9.47 million from capital raising initiatives to begin drilling at its Mukuyu-2 drilling site which is expected to take 50 to 60 days.