Pindula
Register Login

Exploration Drilling For Oil And Gas Mbire To Start In September, Says Invictus

Exploration Drilling For Oil And Gas Mbire To Start In September, Says Invictus

Invictus Energy has said will start drilling for gas at its Cabora Bassa oil and gas prospect by early September. Chairman of One Gas Resources, Paul Chimbodza said the drilling in Mbire may even start at the end of August.

He was speaking at the Mukuyu-1 site in Mbire District. Mukuyu-1 will be the first well drilled in the

Said Chimbodza:

We hope to spud by the end of the month or the first week of September. There’s still bits and pieces of equipment being brought in. We’re seeing a bit of delay but nothing of a red flag for us. 

According to Invictus the drilling will be to a depth of 3.5 to 4 kilometers. 

The actual drilling will be done by Exalo Drilling, a European onshore drilling contractor. 

One Gas Resources exploration partner of West Perth, Australia, based Invictus Energy. Invictus Energy recently reported that the targeted prospects could hold in excess of 20 trillion cubic feet of gas. The price of gas is estimated at US $4 per thousand standard cubic feet (Mscf).

Eventual products to come from the project overall, if it succeeds, include diesel, petrol, paraffin, fertilizers, plastics, LP Gas, and waxes, among products. The timeline for actual products is not known as the project is still in the exploration phase. 

It has been reported that if the project is a success it could potentially change the economic landscape for Zimbabwe and potentially stabilise the energy and electricity supply for the Southern African region.

Share Article

Sponsored

19 Comments

Boss Scott 1 month ago

Itai mube but next munhu wese arikuti ngaapinde hake mukomana


Phukani Regiment 1 month ago

hapana chekufarira apa. as long zanu iripo chero oyiri ikayerera from Zambezi to the ocean pano.ngo.ma.mi.wa zvakadaro


Chinese zodiac 1 month ago

Ko pindula indava nhasi sooo where the hell is today's news tunyuzi 2 itwotwu the whole day musadaroo soo


Secretary 1 month ago

weekend ka kune mabhora kkkk

ZUPCO 1 month ago

The Oil demons are at it again.....the start of insurgencies in ZIM....i hope we won't turn out to be like Nigeria or Libya.....it will be a bloodbath.....


Dred 1 month ago

My president Chamisa


Gwedu 1 month ago

Ok yakanaka nyaya


kkkk 1 month ago

@ least gas and oil will be affordable to everyone


ery 1 month ago

even zupco is affordable but were are th zupco buses tanzwa nemushika shika 400bond kuenda

____ 1 month ago

@kkkk do you really think so?

Sponsored

,. 1 month ago

Apa Zanu pf thugs havarume chinhu. Anenge apinda hake mukomana come 2023.


Chamisa 1 month ago

Handichada election rinodhura kupinda ndoiana kupi $20000 USA


Cer 1 month ago

We will contribute @Chamisa.give us tenders after winning elections its called payback.

ZimCitizen 1 month ago

Dont worry, tinokupa

WILLIAM SONBOY CHINEMBIRI 1 month ago

Yesterday Zimbabwe hyped about the discovery of diamonds in Marange. There is no tangible economic benefit which the country got or is getting from diamonds.

Today Zimbabwe is hyping with the discovery and drilling of fuel and gas in Muzarabani. I will not be surprised if the hype on fuel and gas fizzles out just like what happened with the Diamonds.

Our government officials are experienced in to level corruption. Zimbabwe shall benefit nothing unless citizens unseat it at the 2023 Harmonised Elections.

[ NGATICHIVABVISEI MARUME AVA. PAVO PAKWANA ].

[ NGAAPINDE HAKE MUKOMANA CHAMISA ].

[ VOTE CCC FOR REAL CHANGE [.

Yours sincerely
William Sonboy CHINEMBIRI
[ THE BUSH LAWYER ].


Captain Jack Sparrow 1 month ago

Diamonds changed the landscape of Mutate ... Bush Lawyer you are just a pessimist you don't see good your mind had been biased towards that kid Chamisa .... Gas exploration will bring civil unrest and greater opportunities to loot ...tichaita mari imimi muchingowawata zvisingaite musoro kkkkkk


BOSS VEDAH 1 month ago

@Captain Jack mari ipi yamunoita imi wakamboona munhu ane mari anopinda paPindula here iwe. Hauna chiro iwe. I dnt even think kuti yu are well educated coz yu seem not to hv understood BUSH LAWYER.

Tkt 1 month ago

Guys, the Marange Diamonds did play a great part
If it wasn't of the Diamonds 2007-9 crisis yaidai isina kumbo pera
All the cash yamunoti yakaunzwa naChamisa & crew those are lies bcoz it was the Gems

I know mucharamba but chokwadi chagara hachi tendeki zveku mhanya


Da Truth 1 month ago

Pindula is not for those who think they are millionaires it's for Zimbos who want the truth told .Kana vanoti vanemari endai kunevane mazimari ikoko siyai Bushlawyer ataure ko imi Munoziva kudzidza kwake maiva head paaka dzidza kasi Munoziva munu me story yepa Pindula munoonererwa chose makaoma .



Leave a comment


Recent News


News Categories



Feedback