Invictus Well in Zimbabwe a “Game Changer”
President Mnangagwa touts the current probe in the northern part of the country.
The Mukuyu-1 exploration well being drilled in Zimbabwe by Australian firm Invictus Energy in partnership with the government is being called “a game changer” for the country by President Emmerson Mnangagwa. The well is in license SG 4571, which covers 250,000 acres located in the most prospective portion of the Cabora Bassa Basin in northern Zimbabwe. The license is currently in the second exploration period which runs to June 2024. Invictus entered into an agreement with the Zimbabwe government in March 2022 to increase the license area sevenfold to 1.77 million acres.
Previously explored by Mobil Oil, the project contains the largest undrilled structure in onshore Africa. The Muzarabani anticline feature has more than 200 km2 under closure and up to 1500 m vertical relief at favorable depths for conventional oil and gas.
Invictus completed the acquisition of 840 km of high-resolution infill 2D seismic data ahead of spudding the well using Exalo Rig 202 in August.