The Australian company announced dual gas-condensate discoveries in December 2023 at Mukuyu in the Upper and Lower Angwa reservoirs. The Cabora Bassa project and Mukuyu discovery have been touted as âpotential game changer for the country which can bring about significant economic benefits and energy security to the entire region.
Invictus has commenced appraisal and development of the resource and is nearing completion of the well test design study and contract negotiations for the provision of well services and equipment.
As part of the companyâs plan to develop the resource base, Invictus is engaged in active discussions on multiple fronts to bring in strategic partners to advance development of the project.
Invictus Energyâs Managing Director Scott Macmillan said, âour farmout process to secure a strategic partner continues to progress well with active discussions advancing with multiple partners.â
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