EXPLORATION

Invictus expands onshore Zimbabwe footprint

ZIMBABWE-focussed Invictus Energy has seen its share price rise 13% today to 22cps as it announces the expansion of its SG4571 permit by a factor of seven from 100,000 hectares to 709,300ha giving it the entire onshore Cabora Bassa Basin.

Jonathon Davidson

File photo: a handshake (generic)

It has also entered into a partnership with the Sovereign Wealth Fund of Zimbabwe via a heads of agreement granting the fund a 10% equity back-in-right to the extended acreage under SG4571. Invictus...

Start a free trial to continue reading this article

Already have an account? Sign in here

Subscribe now

OPERATIONS

Woodside contractor dies at Texas ammonia site

OIL & GAS

Northern Endeavour saga takes new turn with liquidator shake-up

OPERATIONS

Santos to abandon hundreds of tonnes of infrastructure on seabed

OPERATIONS

Cooper Energy proposing "Amplitude" name change

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the energy sector, brought to you by the Energy News Bulletin Intelligence team.