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Scott MacMillan, managing director of Invictus Energy sat down with me to discuss an exciting update from his company Invictus Energy.
For the first time ever, Scott explains Invictus' newly-expanded land package and the Basin Margin system they are set to explore in the very near future. Massive amounts of high-confidence, prospective land has been added to Invictus, and their second drill (after Mukuyu) will be the Baobab drill target. Scott makes a direct comparison to the East Africa Rift Basin in Uganda and Kenya which has had multiple billion barrels of oil proven up.
Invictus Energy is an independent upstream oil and gas company focused on sub-Saharan Africa.
Invictus is opening one of the last untested large frontier rift basins in onshore Africa - the Cabora Bassa Basin – in northern Zimbabwe. The first high impact well, Mukuyu-1, scheduled to spud in August will test 20 trillion cubic feet + 845 million barrels of conventional gas-condensate (~4,3 billion barrels of oil equivalent on a gross mean unrisked basis#) through 8 stacked targets in the Mukuyu prospect.
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