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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.
It will test the primary target interval, the Triassic Upper Angwa formation, sitting approximately 450 metres updip from Mukuyu-1 where hydrocarbons were intersected.
A seismic acquisition is a process used to map geological structures beneath the earth’s surface or beneath the seabed and is common practice in the exploration of oil and gas.
During the quarter, the firm successfully raised a combined A$35,4 million (about US$23,57 million), placing the company in a strong position as it embarks on its next phase.