Invictus Energy is an independent upstream oil and gas company listed on the Australian Securities Exchange (ASX: IVZ) and the OTC Markets (OTCQB: IVCTF). Our asset portfolio consists of a highly prospective licence, Special Grant 4571, in the Cabora Bassa Basin in Zimbabwe, one of the largest under-explored interior rift basins in Africa.
SG 4571 contains the world class Mukuyu conventional gas-condensate prospect, the largest undrilled prospect onshore Africa with an independently estimated 20 Tcf + 845 million barrels (~4.3 billion barrels of oil equivalent on a gross mean unrisked basis#) of conventional gas-condensate in 8 stacked targets.
The Mukuyu-1 well is planned to commence drilling in August 2022 with Exalo’s 202 Rig which is on location at the wellsite. The Mukuyu-1 will test one of the largest prospects to be drilled globally in 2022.