Invictus in potential hydrocarbon findings

AUSTRALIAN energy firm Invictus Energy Limited (IEL) says it has found some potential hydrocarbons — the principal constituents of petroleum and natural gas — several hundred metres into drilling its Mukuyu-1 well.

Invictus has made significant progress at the Cabora Bassa project, located in northern Zimbabwe near the Mozambican border since it started drilling several weeks back.

It has two drilling sites, the Mukuyu-1 and Baobob-1 well but drilling is ongoing at the former.

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