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Zimbabwe: Oil Drilling Expected To Commence In August 2022 - Invictus

Zimbabwe: Oil Drilling Expected To Commence In August 2022 - Invictus

Prospective drilling for oil and gas in Muzarabani, Mashonaland Central Province, is expected in August after customs clearance delays for the drilling rig in both Tanzania and Mozambique.

The task was initially set for June after the Exalo Rig 202 was mobilised from Songo Songo Island in Tanzania to Cabora Bassa. It is now expected in Zimbabwe later this month.

This comes as a new updated independent report from London-based energy consulting group, ERCE, indicated that the targeted area could be holding a combined 20 Tcf (trillion cubic feet) and 845 million barrels of conventional gas condensate, or about 4.3 billion barrels of oil equivalent (boe) on a gross mean unrisked basis.

According to Invictus, the Australian Stock Exchange (ASX)-listed company that is prospecting for the resource, this marks a 2.7-fold increase on a barrel of oil equivalent basis to the 2019 independent assessment by Getech Group plc, which estimated 8.2 Tcf and 247 million barrels (1,6 billion boe) of conventional gas condensate. Said Invictus in a statement to the ASX:

 The Mukuyu-1 well pad has been completed and handed over from the civil contractors.

The full rig arrival has been held up due to customs clearance delays in both Tanzania and Mozambique en route to Zimbabwe, with drilling now expected to commence in August.

The company’s managing director, Scott Macmillan, said the Mukuyu prospect had grown significantly in its scale and represented one of the largest conventional exploration targets globally.

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Chawabvunza 1 month ago

Everyone is thrilled with the developments of oil drilling in Muzarabai in Mashonaland Central Province.

Let us all hope that it doesn't fizzle out like what happened with the Diamonds in Manicaland Province.




VZ 1 month ago

10 years dzinotopera pachingoturwa ngano dzaTsuro naBveni

Da Truth 1 month ago

Oil mu Zim.Oil and diamonds are the biggest war generators of the century.Oil rich countries are thrown from 1 war to the other .You need to have pple who are kind hearted to live with this creature called oil and diamonds.This has left thousands dead in many African countries.Zimbabwe are you strong enough . With this beurocracy mambo jumbo political scenario in Zimbabwe.Lets seee uuuuuuuuuuuuuuu I foresee cartels and warlords.

dispenser 1 month ago

Hazvizoiti here zve Diesel pa chinhoyi

Tkt 1 month ago

The last war that was fought in Zimbabwe was in the 1970s when one of the Sons of Man became a victim
That year I remember scriptures say NEVER AGAIN will there be war in this land, for a greatman has died for the peace of this nation!
This is very true & the words of the wiseman go on to say; "all that will follow are just simulations of it or an attempt to rekindle war which will all fall in vain!!!
This is the month of July, the month I declared covid to be dead & buried last year and indeed its no more
a lot have potential but the problem is where they seek anointing!

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