From UpStream - In London - Today 5 December 2023 9:59 GMT
Trading in stock of Zimbabwe explorer halted as exploration probe nears main target Mukuyu-2 sidetrack well was 400 metres short of total depth yesterday
Australia-listed junior Invictus Energy has called a halt in the trading of its shares, the day after reporting that an exploration probe it is drilling in Zimbabwe was closing in on its main reservoir objective.
The securities of Invictus have been placed in a trading halt at the company’s request, pending an announcement.
Oil and gas explorer shrugs off share price plunge with plan for new well at remote basin
Unless the Australian Stock Exchange decides otherwise, this halt process will remain until either the start normal trading on 7 December 2023, or when a statement is released, whichever is the earliest.
IVZ Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
