Invictus gets more land for oil and gas exploration thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.
Invictus Energy (ASX:IVZ) is raising $25 million through a private placement to fund the drilling of the Mukuyu-1 and Baobab-1 wells in Zimbabwe’s Cabora Bassa Basin.
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Invictus SG 4571 licence area will be amalgamated with the SWFZ’s MSC003 Cabora Bassa South Reserved Area to cover the entire Cabora Bassa Basin in Zimbabwe.