Middle East / Africa

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Summary | Profile

Country profile: Zimbabwe

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Energy production and consumption


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Zimbabwe - recent news

21 Apr 21
Zimbabwe: Invictus awards Cabora Bassa Basin seismic contract
Invictus, following the recent signing of the PEDPA with the Republic of Zimbabwe, has awarded Polaris Natural Resources, Canada’s longest standing seismic company, a contract to provide acquisition services for its first 2D seismic program in the Cabora Bassa Basin.
29 Mar 21
Zimbabwe: Invictus signs Petroleum Exploration Development and Production Agreement with Republic of Zimbabwe
Invictus Energy has signed a Petroleum Exploration Development and Production Agreement with the Republic of Zimbabwe which provides Invictus with the right to enter into a 25 year production licence following exploration periods and for Special Economic Zone Status for the Cabora Bassa Project.
23 Mar 21
Zimbabwe: Invictus completes AUS8.0million placement
Invictus Energy has received firm commitments from new and existing institutional and sophisticated investors to raise A$8.0m (before costs) by way of a share placement. Proceeds from the capital raising to be applied to SG 4571 seismic acquisition campaign and ordering of long lead drilling items for Mzarabani-1 exploration well.
17 Feb 21
Zimbabwe: Invictus receives non-binding offer for farm-in to the Cabora Bassa Project
Invictus Energy has received a non-binding offer for farm-in to the Cabora Bassa Project, onshore Zimbabwe, which includes the Mzarabani Prospect, a multi-TCF and liquids rich conventional gas-condensate target, which is potentially the largest, undrilled seismically defined structure onshore Africa.
11 Oct 20
Zimbabwe: Invictus to commence field operations in the Cabora Bassa Basin - completes further placement to strategic investor
Invictus Energy has announced that the Company is set to commence a field reconnaissance program in the Cabora Bassa Basin in Zimbabwe. The reconnaissance program and baseline survey consist of the traversing of the proposed infill seismic lines for a planned acquisition campaign in the 2021 dry season.

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