Middle East / Africa

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Summary | Profile

Country profile: Zimbabwe

Size: sq. km total (Land area: sq. km  Water area: sq.km)
Capital city:
Legal system:

Country profile

Energy production and consumption

Oil Gas
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Zimbabwe - recent news

31 May 23
Zimbabwe: Invictus Energy raises $12.7 million through oversubscribed SPP
Invictus Energy has provided an update on the capital raising activities to assist with the funding of its 80 per cent owned and operated Cabora Bassa Project in Zimbabwe. The funds will help support the drilling of the upcoming Mukuyu-2 appraisal well, which will build on the success of the play opening Mukuyu-1/ST1 exploration well.
17 May 23
Zimbabwe: Invictus awards seismic contract for Cabora Bassa Phase 2 exploration campaign
Invictus Energy has provided an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. Invictus has awarded Polaris Natural Resource Development a contract to provide 2D seismic acquisition services for its Phase 2 exploration campaign in the Cabora Bassa Basin.
09 May 23
Zimbabwe: Light oil, gas-condensate and Helium confirmed in Mukuyu-1
Invictus Energy has provided an update on operations at its 80% owned Cabora Bassa Project in Zimbabwe. The presence of light oil, gas-condensate and helium have been confirmed from Mukuyu-1 mud gas compositional analysis. The results confirm multiple oil and gas pay zones in sandstone reservoirs consistent with wireline log interpretation.
06 Apr 23
Zimbabwe: Invictus raises $10.0m to fund preparations for Mukuyu-2 well & Phase 2 exploration
Invictus Energy has announced a private Placement to raise $10.0m following the Company’s decision to advance preparations for an appraisal and exploration campaign in Zimbabwe’s Cabora Bassa Basin. The Mukuyu-2 drilling campaign is Scheduled to commence in Q3 CY23.
24 Feb 23
Zimbabwe: Invictus Energy announces commencement of Mukuyu-2 appraisal well program and Phase 2 exploration
Invictus Energy has provided an update on operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Preparations for the Mukuyu-2 appraisal well have commenced, with drilling currently targeted to commence in early Q3.

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