Ann: Strategic Investment & Production Sharing Agreement Update, page-300

According to this article it’s even better:

https://www.newsday.co.zw/theindependent/amp/local-news/article/200030682/resource-share-talks-swing-to-mif-after-invictus-move

Research by the Independent shows that in most oil and gas-producing countries, PPSAs stipulate that governments receive 30% of the production proceeds, while the foreign investing firm gets 70%.Mangudya said: “There was a claim which belonged to the government, which is under the sovereign fund and a claim also which was under this company. So those two claims are now being mined by Invictus.

Invictus chief executive officer Scott MacMillan confirmed MIF’s shareholding stood at 5%. He said if an oil and gas discovery is made, the PPSA would lay out the next stages to be undertaken.“The investment by the MIF is hugely important as it not only helps us progress and provides some funding for our upcoming work programme, but more importantly demonstrates strong support from government,” MacMillan said.“Mutapa will hold approximately 5% of Invictus, which would make it one of the largest individual shareholders in the company.