IVZ invictus energy ltd

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    I'm loving AI atm....

    Particularly on X: Grok 3....

    Three Questions asked Here:


    1.

    Sum total of all the prospective resources currently identified in the Cabora Bassa Basin in Zimbabwe ?

    2. Details on Mukuyu ?

    3. Other Zimbabwe Basins ?



    Answer 1: (for answers to #2 and #3 DYOR !! You have the Whole Weekend !!)

    The Cabora Bassa Basin in
    Zimbabwe, primarily explored by Invictus Energy, has significant prospective resources identified through various exploration activities. Based on available data, the sum total of prospective resources in the basin includes contributions from multiple prospects across different license areas, notably Special Grant (SG) 4571 and Exclusive Prospecting Orders (EPOs) 1848 and 1849. Here is a consolidated estimate:
    1. Mukuyu Gas Field and Associated Prospects:
      • The Mukuyu prospect, part of SG 4571, has an independently estimated prospective resource of 20 trillion cubic feet (Tcf) of gas and 845 million barrels of condensate on a gross mean unrisked basis.
      • Converting gas to barrels of oil equivalent (boe) using a standard conversion factor (approximately 6,000 cubic feet of gas = 1 boe), 20 Tcf equates to roughly 3.33 billion boe. Adding the 845 million barrels of condensate, the total for Mukuyu is approximately 4.18 billion boe.
    2. Basin Margin Prospects:
      • Five drill-ready prospects in the Basin Margin Area (Baobab, Acacia, Marula, Mukamba, and Mimosa) have a combined prospective resource of 1.17 billion barrels of oil on a gross mean unrisked basis.
      • These prospects are primarily oil-focused but also include a gas-condensate case due to hydrocarbon phase uncertainty.
    3. Eastern Cabora Bassa Basin Prospects:
      • Eight key prospects identified in EPOs 1848 and 1849, including the Musuma prospect, total 2.9 Tcf of gas and 184 million barrels of condensate.
      • Converting 2.9 Tcf of gas to boe (2.9 Tcf ÷ 6,000 = 0.483 billion boe) and adding 184 million barrels of condensate yields approximately 0.667 billion boe.
    4. Total Prospective Resources:
      • Combining the above:
        • Mukuyu: ~4.18 billion boe (gas and condensate).
        • Basin Margin: 1.17 billion barrels of oil.
        • Eastern Prospects: ~0.667 billion boe (gas and condensate).
      • Summing these, the total prospective resource is approximately 5.5 billion boe from the Mukuyu prospect and Basin Margin prospects, plus an additional 0.667 billion boe from the eastern prospects, resulting in a total of roughly 6.167 billion boe (gross mean unrisked basis).
    Summary:The sum total of all currently identified prospective resources in the Cabora Bassa Basin is approximately 6.167 billion barrels of oil equivalent (gross mean unrisked basis), comprising gas, condensate, and oil across the Mukuyu gas field, Basin Margin prospects, and eastern Cabora Bassa prospects.
    Note: These estimates are unrisked and subject to further exploration, appraisal, and evaluation to confirm recoverable quantities. The hydrocarbon phase (oil vs. gas-condensate) remains uncertain in some prospects, and future drilling (e.g., Musuma-1 in 2025) may refine these figures.


    Have a GREAT Weekend ?..... Oilf.






 
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