Invictus is going to drill what could be potentially the largest, seismically defined, undrilled structure in onshore Africa.
"Back in the early 1990s, Mobil was exploring for oil in Zimbabwe when it came across large hydrocarbon resources in the Cabora Bassa Basin.The petroleum giant explored over an area extending all the way from Victorian Falls in the west of the country through to the Cabora Bassa Basin in the east. It identified and mapped the massive Mzarabani anticline in Africa, which has an area of more than 200 square kilometres, under closure, at favourable depths to host a conventional gas target.Eventually, however, Mobil concluded that the petroleum system was more likely to be gas prone rather than oil prone.This is not the result that Mobil was after. There was no structured market for gas in the region at the time"
This is the ground that Invictus has aquired !!
If this not HUGE, I don't know what is. In about 5-6 months time, I got no idea what the stock would be valued at
ALL I know is, this is going to be Massive.
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