Invictus Energy has encountered multiple hydrocarbon-bearing zones with its recently drilled Mukuyu-1/ST1 well in the Cabora Bassa Basin in Zimbabwe, one of the largest underexplored interior rift basins in Africa. The well identified 13 potential hydrocarbon-bearing zones and proved a working hydrocarbon system in the basin.
The company is preparing to drill the follow-up Mukuyu-2 appraisal well, targeting the gas-condensate and potentially light-oil intervals encountered in the Mukuyu-1/ST1 well in the Upper Angwa and Pebbly Arkose formations, with the aim of confirming a gas-condensate discovery.
Mukuyu-2 is also expected to test additional prospectivity in the deeper Upper Angwa and undrilled Lower Angwa, which were not penetrated in the Mukuyu-1/ST1 campaign, providing further upside potential. It will also aim to test the Post Dande horizon away from the major east/west fault on the southern flank.
Mukuyu-2 is expected to spud in the third quarter of 2023.