Invictus Energy gearing up to drill 'potentially game-changing' Mzarabani prospect
Invictus Energy Limited's (ASX:IVZ) Scott Macmillan speaks to Proactive's Andrew Scott following today's news they've signed a petroleum exploration development and production agreement with the Republic of Zimbabwe. He says the deal provides them with a pathway, beyond exploration, to development and a 25 year production licence. The company's Cabora Bassa project hosts the Mzarabani prospect, a multi-TCF and liquids rich conventional gas condensate target, which is potentially the largest, un-drilled seismically defined structure onshore Africa.
www.proactiveinvestors.com.au/companies/...ospect-945094.html
Invictus Energy Limited's (ASX:IVZ) Scott Macmillan speaks to Proactive's Andrew Scott following today's news they've signed a petroleum exploration development and production agreement with the Republic of Zimbabwe. He says the deal provides them with a pathway, beyond exploration, to development and a 25 year production licence. The company's Cabora Bassa project hosts the Mzarabani prospect, a multi-TCF and liquids rich conventional gas condensate target, which is potentially the largest, un-drilled seismically defined structure onshore Africa.
www.proactiveinvestors.com.au/companies/...ospect-945094.html