Australian-listed independent oil and gas company, Invictus Energy, has made a gas discovery at the Mukuyu-2 well in Zimbabwe.
Representing the second exploration well drilled at the onshore Cabora Bassa Project, the find has opened up the basin, which represents one of the largest underexplored interior rift basins in Africa.
Located seven kilometers from the Mukuyu-1 well, the Mukuyu-2 well was spudded in Q3 2023, with a total of four hydrocarbon samples recovered from two zones within the Upper Angwa reservoirs.
According to Invictus Energy Managing Director, Scott Macmillan: “This is the first Triassic age discovery in sub-Saharan Africa and one of the most significant developments in the oil and gas industry in onshore southern Africa for many decades.”
The rig has been contracted for an additional two years, and the company is conducting further appraisal and evaluation work to confirm the size and quality of the gas reserves, drilling in the Upper and Lower Angwa to a total depth of 3,400 meters.
Located in Zimbabwe’s Mashonaland Province, the basin is situated in close proximity to substantial deposits in neighboring Mozambique.
Drilled in 2022, the first well of the campaign – Mukuyu-1 – identified 13 hydrocarbon bearing zones as well as a working petroleum system.
The basin likely holds as much as 20 trillion cubic feet of gas, offering newfound benefits for the country’s economy.
