Harare- Buoyed by the discovery of a working petroleum system in Muzarabani, Australian firm, Invictus, which is prospecting for oil and gas, says it is anticipating better prospects in 2023 as it prepares to drill more test wells. While the initial exploration well, the Mukuyu-1, could not provide a fluid sample needed to declare a commercial discovery of either oil of gas, due to equipment breakdown, data from the well proved a working petroleum system, which substantially de-risks future exploration in the Muzarabani basin. At least 13 potential hydrocarbon bearing zones were discovered, with 225m of gross potential hydrocarbon bearing zones identified in the primary Upper Angwa target. In an update, Invictus managing director Scott Macmillan said the next phases of exploration and appraisal had received added impetus through new appointments of highly experienced personnel to the Invictus board in recent weeks. Former Engen chief executive officer John Bentley was appointed as non-executive chairman while Robin Sutherland, who has more than 35 years experience in the sector, came in as a non-executive director. “With the appointment of John and Robin to the board, Invictus Energy is well placed for another exciting year in 2023 as we look to uncover further resources in the Cabora Bassa basin and provide future energy security for not only Zimbabwe, but potentially the wider Southern African region,” he said. Macmillan said preparations being made for the next phase of the drilling campaign included sourcing necessary drilling equipment and carrying out tendering for well services. mikayla campinos nude balporrsugu34 On Mukuyu one, Invictus contracted Baker Hughes for well services. “We are also incorporating the substantial information gathered during the Mukuyu-1 campaign into the geological model to determine future drilling locations. “This analysis will help us decide if we immediately drill an appraisal well at Mukuyu, with the aim of proving up a potentially significant resource, or if we test the basin margin play with the previously planned Baobab-1 exploration well,” he said. “The results have also substantially de-risked our wider exploration acreage, where we recently identified an additional 1.2 billion barrels of prospective resources across several prospects. Typically, achieving these results in a frontier basin takes multiple wells, such as the Albertine Graben in Uganda, which took six wells before a discovery was made. Now more than 2.5 billion barrels of oil have been uncovered in the East African oil play.”
Macmillan said the results at Mukuyu gave Invictus confidence to extend its contract with Exalo Drilling for an additional 12 months. “Initially, the rig will be warm stacked at Mukuyu-1 to undergo maintenance and upgrades, particularly to the mud system,” he said.
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