Invictus Energy has announced the commencement of drilling of the Mukuyu-2 well at its 80% owned and operated Cabora Bassa Project in Zimbabwe
Managing director Scott Macmillan commented, "This is an exciting and long-anticipated moment for Invictus and our shareholders, and the commencement of our second drilling campaign is a significant milestone.
"Following our successful basin opening Mukuyu-1 wildcat well completed last year, which proved a working petroleum system and multiple hydrocarbon bearing reservoirs has de-risked future drilling and provides us with increased confidence in Mukuyu-2.
"Mukuyu-2, if successful, could be transformational for the company, Zimbabwe and much of southern Africa’s future energy needs."
The Company is pleased to announce drilling at the Mukuyu-2 appraisal well in SG 4571 commenced on 20 September.
Mukuyu-2 will be drilled to a planned total depth of 3,750 m. Drilling and evaluation of the well is prognosed to take approximately 50 to 60 days to complete.
Mukuyu-2 will test the primary target interval, the Triassic Upper Angwa formation, sitting approximately 450 m updip from Mukuyu-1 where hydrocarbons were intersected.
The well will also penetrate multiple additional targets including the Dande (Jurassic-Cretaceous), Forest and Pebbly Arkose (both Triassic) formations, as well as the previously untested Lower Angwa sequence within the Mukuyu anticline in the central horst structure.
The Company will provide regular updates as the drilling campaign progresses.