Invictus secures long leads for Cabora Bassa drilling programme
Sydney-listed Invictus Energy has secured the casing, wellheads and ancillary long lead items for a two-well drilling programme at Cabora Bassa project in Zimbabwe starting in May, it said on January 5.
The company has completed a tendering exercise for integrated well services contract including cementing, directional drilling, logging while drilling, drilling fluids and wireline services for the upcoming drilling campaign. The formal award of the contract is expected shortly, it said.
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The Cabora Bassa project comprises the Mzarabani and Msasa gas and condensate prospects, which Invictus describes as "world-class multi-trillion ft3" plays. The project received environmental approval from Zimbabwean authorities in August 2020.
Invictus last month said it will raise A$5.5mn ($3.98mn) to support the development of the Cabora Bassa project.