Middle East / Africa
Country summary: Zimbabwe
Current deals: | 1 |
Licensing articles: | 2 |
Completed deals: | 7 |
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Zimbabwe - recent news
02 Dec 24 |
Zimbabwe Petroleum Production Sharing Agreement review completed in preparation for execution Invictus Energy has announced that the independent review of the Petroleum Production Sharing Agreement ('PPSA') has been submitted by external European legal counsel. Finalisation of t he PPSA now expected in coming weeks in preparation for execution. |
04 Sep 24 |
Zimbabwe: Invictus Energy identifies multi Tcf prospectivity in Eastern Cabora Bassa Invictus Energy has provided an update on activities at its 80% owned and operated Cabora Bassa Project in Zimbabwe. Eight key prospects have been defined in the Company’s Exclusive Prospecting Orders (EPOs) 1848 and 1849, totalling 2.9 Tcf gas and 184 MMbbl condensate (gross mean unrisked basis). |
18 Jul 24 |
Zimbabwe: Invictus renews Special Grant 4571 licence for further 3 year term Invictus Energy has provided an update on operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Geo Associates, the Company’s 80% owned subsidiary and holder of Special Grant 4571 has received notification that its application to extend the tenure of the SG 4571 licence for a further three years has been approved by the Mining Affairs Board. |
07 May 24 |
Zimbabwe: Invictus reports new Cabora Bassa 2023 2D infill seismic survey identifies multiple prospects Invictus Energy has provided an update on the interpretation of new Cabora Bassa 2023 2D Infill Seismic Survey ('CB23 survey') results from its 80% owned and operated Cabora Bassa Project in Zimbabwe. Multiple prospects have been identified in the Dande Formation with seismic amplitude characteristics suggestive of reservoired hydrocarbons. |
25 Mar 24 |
Zimbabwe: Further fluid sample analysis at Mukuyu-2 confirms rich gas-condensate discovery and oil potential Invictus Energy has provided an update on its 80% owned and operated Cabora Bassa project in Zimbabwe. Samples demonstrate a consistent, high-quality natural gas composition, with low inert content, less than 2% CO2 and nil H2S, which will require minimal processing for sale. |
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