Invictus Energy Limited (AU:IVZ) has released an update.
Invictus Energy Ltd, an independent oil and gas company, confirmed a significant gas-rich condensate discovery at Mukuyu Gas Field in Zimbabwe, a finding that Wood Mackenzie ranks as the second largest in Sub-Saharan Africa for 2023. The high-quality natural gas requires minimal processing, with preparations for further appraisal and flow testing progressing well. Additionally, the company is experiencing increased partnership interest for its Cabora Bassa project.
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