Independent upstream explorer Invictus Energy will move ahead with plans to carry out appraisal drilling and seismic surveys on its Mukuyu discovery in Zimbabwe.
Invictus Energy will undertake a well test design study to determine test parameters for the discovery while implementing a long lead equipment and mobilization plan to establish a timeframe for the project.
The Australian explorer is currently evaluating contract bids for well services for the testing and exploration of future appraisal drilling campaigns.
Situated in the Cabora Bassa basin, onshore Zimbabwe, the gas-condensate discovery is estimated to hold resources of 230 million barrels of oil equivalent and 1.3 trillion cubic feet of natural gas.
Further analysis of downhole reservoir fluid and mudgas samples is also underway and will be integrated into the geological model across the Mukuyu gas field, bolstering investor confidence in Zimbabwe’s natural gas and oil potential.