Invictus Energy Secures Drilling Rig For Muzarabani Oil Wells

Invictus Energy Limited says it has secured long lead items for a high impact 2-well drilling campaign scheduled to commence in May 2022.

In a statement, the Australian firm said that it has obtained the necessary casing, wellheads and ancillary long lead items for a 2-well drilling programme.

The company also revealed that it has completed an extensive tendering exercise for
integrated well services contract including cementing, directional drilling, logging while drilling, drilling fluids and wireline services for the upcoming drilling campaign. It said the formal award of the contract is expected soon.

Invictus Energy Managing Director Scott Macmillan said they are preparing for a successful drilling campaign. Said, Macmillan:

We are very pleased with the way the drilling program is coming together with Invictus securing the wellheads and casing long lead items for a high impact 2-well drilling program.

We are now finalising the well services contract award and working to execute the binding rig agreement with Exalo for the #202 drilling rig.

Invictus remains on track for the upcoming drilling campaign to commence in May 2022.

We are planning for a successful drilling campaign, which if transpires will be a transformational event for both Invictus and Zimbabwe.

Invictus Energy Limited owns and operates 80% of the Cabora Bassa Project in Zimbabwe.

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