Business

Invictus Energy changes designation to developer

NewsDay Staff ·

Invictus Energy changes  designation to developer

AUSTRALIAN energy firm, Invictus Energy Limited, has changed its designation to developer from explorer as it transitions to a producer, leveraging its gas and oil discovery in north-east Zimbabwe.

In late 2023, Invictus declared multiple high-quality gas-condensate discoveries at the Mukuyu Gas Field, in the upper and lower Angwa formations while drilling at its Cabora Bassa Project.

Mukuyu is part of the drilling site where Invictus is conducting its oil and gas operations in the Muzarabani District of Mashonaland Central province.

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