Zim’s US$90bn oil bounty drives Invictus exploration
The valuation is based on multiplying the estimated resource in the Cabora Bassa Basin by the prevailing Brent crude benchmark price of US$65,50 per barrel.
By Tatira Zwinoira
Sep. 12, 2025
Invictus gains national project status, adds US$174m in market value
AUSTRALIAN energy firm, Invictus Energy Limited (Invictus) has been granted national project status (NPS) by Zimbabwe
By Tatira Zwinoira
Sep. 3, 2025
Qatari firm boosts Muzarabani oil, gas project
According to the transaction, 398 368 131 new shares at AUD0,095 each will be issued, and the deal will be completed on September 24.
By Tatira Zwinoira
Aug. 28, 2025
Zim gas deal: ‘New era in Africa energy future’
Following successful exploration results and the award of Environmental and Social Impact Assessment approvals, Invictus is now advancing the project towards commercialisation.
By Mthandazo Nyoni
Jun. 6, 2025
Premium
Invictus finalises preps for pilot gas, petroleum production
Invictus’s Cabora Bassa Gas and Oil Project is located in the Muzarabani district of Mashonaland Central Province, northeast of Zimbabwe.
By Tatira Zwinoira
May. 12, 2025
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
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
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
