IVZ 3.90% 7.4¢ invictus energy ltd

"completion of the interpretation of the CB23 Seismic Survey...

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  1. 84 Posts.
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    "completion of the interpretation of the CB23 Seismic Survey data and a review of prospectivity in the Zimbabwe eastern Cabora Bassa basin"

    "eight key prospects have been defined in the company’s Exclusive Prospecting Orders 1848 and 1849"

    "2.9 trillion cubic feet of gas and 184 million barrels of condensate on a gross mean unrisked basis"

    "company will focus its next exploration drilling campaign on further appraisal drilling in the Mukuyu gas field"

    "initially targeting the Musuma prospect estimated to contain 1.17 trillion cubic feet"

    "interpretation of the 2023 2D (CB23) seismic survey data identified multiple prospects with high potential gas volumes at multiple stratigraphic levels"

    "targets’ relatively shallow depths and stacked prospective intervals can be tested with simple vertical wells"

    "net share of this prospective resource would equate to 2.3 trillion cubic feet and 147 million barrels of condensate"

    "company will conduct a further evaluation of the Basin Margin play to select additional prospects for a future drilling campaign"

    https://oilman.beehiiv.com/p/oilman-jims-letter-september-3-2024

    Worth reading
 
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