Cabora Bassa - The Southern Eye

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NEWS & CURRENT AFFAIRS

Topic : Cabora Bassa

Invictus board heads for Cabora Bassa

In December 2023, the company announced a gas discovery, and by the third quarter of 2024, it had potentially identified an estimated 184 million barrels of oil.

By Tatira Zwinoira Mar. 14, 2025

Invictus discovers prospective oil resource in Muzarabani

The company had previously announced the identification of new prospects in the Dande Formation in the east of the basin.

By Tafadzwa Mhlanga Sep. 4, 2024

Invictus discovers prospective oil resource in Muzarabani

Mukuyu gas discovery sparks investor interest

Invictus also disclosed that it has raised A$1,5 million (about US$1 million) through shareholder entitlement offer which was launched last month.

By Mthandazo Nyoni Mar. 14, 2024

Mukuyu gas discovery sparks investor interest

Analysis confirms high quality natural at Mukuyu

Macmillan said the results from Mukuyu-2 were consistent with their geological modelling of the Cabora Bassa Basin.

By Mthandazo Nyoni Mar. 5, 2024

Analysis confirms high quality natural at Mukuyu

Invictus to reveal gas levels in Muzarabani in two weeks

Drilling stopped without the confirmation of the presence of hydrocarbons or any other fluid sample.

By Belinda Chiroodza Feb. 14, 2024

Invictus to reveal gas levels in Muzarabani in two weeks

‘Invictus a tremendous asset’

In a shareholder update released on Friday last week, Bentley said Invictus had an extremely active and successful period of growth that culminated in the Mukuyu-2 dual gas discovery.

By Mthandazo Nyoni Feb. 5, 2024

Invictus raises US$10m for Mukuyu-2 drill site

Invictus managing director Scott Macmillan welcomed the funds from institutional and sophisticated investors as they will assist ongoing operations at its Cabora Bassa project.

By Tatira Zwinoira Dec. 28, 2023

Invictus raises US$10m for Mukuyu-2 drill site

Invictus signs 500MW gas-to-power project MOU

Invictus said the agreement would see the construction of a gas-to-electricity conversion plant that will generate 500MW.

By Business Reporter Dec. 19, 2023

Invictus signs 500MW gas-to-power project MOU

Invictus signs MoU for 500MW gas-to-power project

Invictus yesterday said the agreement would see the construction of a gas-to-electricity conversion plant that will generate 500MW with a possibility to upscale it to 1 000MW.

By Business Reporter Dec. 19, 2023