Invictus Energy Ltd (IVZ)

Overview

Invictus Energy Limited is an independent upstream oil and gas entity focused on the exploration and appraisal of oil and gas resources, specifically located in the Cabora Bassa Basin in northern Zimbabwe, Africa. Established in 2011, the company boasts a strategic focus on uncovering hydrocarbon reserves within a significant 360,000-hectare exploration license area known as SG 4571. This grant positions Invictus Energy as a principal player in the region's emerging oil and gas sector, holding an 80% interest in the Cabora Bassa project. Despite its oil and gas exploration efforts being concentrated miles away, Invictus Energy is headquartered in West Perth, Australia, reflecting its global approach to energy resource exploration and development. The company's strategic initiatives in Zimbabwe signify an important step toward potential commercial hydrocarbon discovery in a largely under-explored region of Africa.

Products and Services

• Oil and Gas Exploration

  As its primary service, Invictus Energy Limited engages in the exploration of oil and gas within its licensed area, SG 4571, in the Cabora Bassa Basin. The company utilizes advanced geological and geophysical techniques to identify and appraise potential hydrocarbon reserves, aiming to discover commercially viable quantities of oil and gas. This exploratory initiative forms the crux of Invictus' operations, seeking to unlock new energy resources in a region poised for significant exploration activities.

• Appraisal of Oil and Gas Properties

  In conjunction with exploration activities, Invictus Energy performs appraisal work on identified oil and gas properties. This process involves detailed evaluation of discovered hydrocarbon deposits to ascertain their size, composition, and potential for commercial development. Through such appraisals, the company meticulously assesses the viability of progressing from exploration to the development and production phases, ensuring that each step towards possible extraction and sale of hydrocarbons is informed by thorough analysis and strategic planning.