Ivz asx

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Ivz asx

It will also aim to test the Post Dande horizon away from the major east-west fault on the southern flank. Read more. The project includes the Mukuyu structure, which was drilled in late , confirming a working hydrocarbon system in the Cabora Bassa Basin and de-risking other exploration prospects along the Central Fairway Play. Invictus is currently preparing to drill an appraisal well on the Mukuyu structure, targeting multiple hydrocarbon gas-condensate and potentially light oil bearing intervals and to test the deeper potential not encountered in the initial exploration campaign due to it being thicker than pre-drill estimates. Mukuyu-2 will be designed to allow for flow testing to confirm reservoir deliverability and connectivity, following a successful discovery. In addition to the Central Fairway Play, Invictus has identified a portfolio of exploration prospects in the Basin Margin Play, estimated to hold a combined 1. Our exploration area lies within communal and state land, away from fragile ecosystems, major rivers, National Parks and wildlife. The Project has a nationally approved, independently conducted Environmental Impact Assessment. This has considered all social and environmental aspects and provides us a clear framework to operate. All cultural obligations have been met and will be observed going forward. The Cabora Bassa Project has multiple monetisation options and routes to market which will enable the rapid development of any discovery. Invictus Energy Managing Director Scott Macmillan provides an overview of the June Quarterly activity and next phase of activity, with Phase 2 exploration and the Mukuyu-2 appraisal wellpad construction underway in the Cabora Bassa Basin. Invictus Energy Managing Director Scott Macmillan provides an update on the upcoming Mukuyu-2 appraisal campaign and planned infill seismic survey aimed at maturing multiple leads in the central fairway play to drill ready prospects. Invictus Energy Managing Director Scott Macmillan provides an overview of the mud gas compositional analysis results confirming the presence of light oil, gas-condensate and helium in the Mukuyu-1 well at the Company's Cabora Bassa Project in Zimbabwe. The first high in our high impact drilling program in the Cabora Bassa Basin.

At this stage, it looks like IVZ will drill the Baobab prospect but given the company is looking to acquire more 2D seismic data this could change, ivz asx.

Invictus Energy Ltd is an Australia-based independent oil and gas exploration company focused on high-impact energy resources in sub-Saharan Africa. Its asset portfolio consists of a prospective portion of the Cabora Bassa Basin in Zimbabwe. The operating segment of the company is exploration. The company's key project is the Cabora Bassa project in Zimbabwe. Morningstar Investor users sign in here.

It will also aim to test the Post Dande horizon away from the major east-west fault on the southern flank. Read more. The project includes the Mukuyu structure, which was drilled in late , confirming a working hydrocarbon system in the Cabora Bassa Basin and de-risking other exploration prospects along the Central Fairway Play. Invictus is currently preparing to drill an appraisal well on the Mukuyu structure, targeting multiple hydrocarbon gas-condensate and potentially light oil bearing intervals and to test the deeper potential not encountered in the initial exploration campaign due to it being thicker than pre-drill estimates. Mukuyu-2 will be designed to allow for flow testing to confirm reservoir deliverability and connectivity, following a successful discovery. In addition to the Central Fairway Play, Invictus has identified a portfolio of exploration prospects in the Basin Margin Play, estimated to hold a combined 1. Our exploration area lies within communal and state land, away from fragile ecosystems, major rivers, National Parks and wildlife.

Ivz asx

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Dec 18, Next Investors. Invictus Energy. The Cabora Bassa Project has multiple monetisation options and routes to market which will enable the rapid development of any discovery. Market Movers All Ordinaries. IVZ has a preliminary Production Sharing Agreement Finalised but the second half is not completed, there is a risk that the agreement is delayed or that IVZ gives up a portion of the project as part of the agreement. Sign up for latest news No spam. Objective 4: Progress the development of its carbon offset project. Over the next two months there are three small cap companies with drilling events we expect should deliver a significant share price reaction when results come out, and even in the lead up to results. Subscribe to the FT now. More elevated gas shows as total depth reached [Nov]. Search the FT Search. As with all early stage oil and gas investments we invest early, well before the main drilling event and will aim to be free carried and have taken profit before the drill result comes in. Drilling permits. Long lead items ordered. Connectivity and data.