Invictus Energy has provided an update on activities at its 80% owned and operated Cabora Bassa Project in Zimbabwe.
Following the completion of the interpretation of the CB23 Seismic Survey data and a review of prospectivity in the eastern Cabora Bassa basin, eight key prospects have been defined in the Company’s Exclusive Prospecting Orders (EPOs) 1848 and 1849, totalling 2.9 trillion ft3 gas and 184 MMbbl condensate# (gross mean unrisked basis).
The Company will focus its next exploration drilling campaign, initially targeting the Musuma prospect (estimated to contain 1.17 trillion ft3 - gross mean unrisked basis) to test the eastern gas prospectivity, in addition to further appraisal drilling in the Mukuyu gas field.