Zimbabwe: Invictus provides corporate and operational update energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
Invictus Energy has signed up private equity firm Mangwana Capital to lead negotiations with Zimbabwean institutional funds that are seeking to invest in the energy prospect. Mangwana Capital manages the Mangwana Opportunities Fund, which holds shares in Invictus and other assets on behalf of 35 local institutional investors, including pension funds such as NSSA. Invictus…
Corporate Governance Statement 2023 Invictus Energy Limited is committed to high standards of corporate governance. The Board assesses its governance framework.
Invictus Energy has provided an update on operations at its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin. Preparations for the Mukuyu-2 appraisal well have commenced, with drilling currently targeted to commence in early Q3.
Invictus Energy (ASX:IVZ) progresses work at Cabora Bassa
Invictus Energy (IVZ) progresses its exploration work at the Cabora Bassa Project in Zimbabwe
During the fourth quarter, the company appointed Polaris its seismic contract and Aztech Well Construction its drilling management contract
Invictus says the seismic program is progressing well and is expected to be completed in the current quarter
By the end of the June quarter, the company has spent $208,000 on operating activities and held a cash balance of $9.1 million
Ahead of market open, Invictus shares last traded at 14 cents per share
Over the fourth quarter, Invictus Energy (IVZ) has progressed its Cabora Bassa Project in Zimbabwe.