Petroleum Africa
Find us on: 
Monday, March 25, 2024
Adding to its announcement earlier this month, Invictus Energy has provided additional testing results on its Cabora Bassa project in Zimbabwe, stating that additional Mukuyu-2 downhole sample analysis confirms a rich gas-condensate discovery and light oil charge presence.
Additional analysis of the reservoir hydrocarbon and source rock samples is planned and will provide further insights to hydrocarbon-source rock correlation and will allow for hydrocarbon charge modelling to the shallow plays in the Pebbly Arkose and Dande formations, calibrated by the mudgas data. These will be evaluated for potential testing elsewhere on the Mukuyu structure and in other prospects within the portfolio.
The results provide a calibration of the basin model to apply to the prospect and lead portfolio which the company is currently refreshing in preparation for the selection of future exploration well location.
Managing Director, Scott Macmillan commented: “We are extremely pleased with the results from the additional downhole reservoir fluid sample analysis which confirms a substantial rich gas-condensate discovery at Mukuyu and set up the company for continued success in Mukuyu and the Upper and Lower Angwa geological trend.
“The samples demonstrate a consistent, high-quality natural gas composition, with low inert content, less than 2% CO2 and nil H2S, which will require minimal processing for sale. In addition to gas-condensate proven in the Upper and Lower Angwa formations, we have further evidence of the presence of light oil in the Upper Angwa and potentially Dande formation from multiple hydrocarbon source rocks and charge events.
“The hydrocarbons present in the Mukuyu gas-condensate field appear from initial analyses to have been generated and expelled from both local source rock intervals within the massive Mukuyu structure and also migrated from other source rock rich areas off-structure. These results auger well for the presence of hydrocarbons in the prospects and leads in the remainder of the Company’s acreage which has been de-risked by the Mukuyu gas-condensate discovery.
“The gas-condensate composition results are exceptionally positive and exceeded our pre-drill expectations with high-quality, liquids-rich gas with low inerts found in both Mukuyu wells which will allow us to target a low-cost early monetization development with minimal processing of the gas at surface from the Mukuyu field.”
The full company release with additional data can be found here.
" alt="TAG Oil Completes Fraccing Program at Egypt’s T100 Well in Western Desert">
" alt="Sintana to Expand Asset Base in Namibia with Acquisition">
" alt="Luanda Gives Afentra Nod for Azule Acquisition">
" alt="TotalEnergies Increases Stake in ROC’s Giant Moho Field and Sells Mature Assets">
" alt="Africa’s $824 Billion Debt Burden and Opaque Resource-Backed Loans Hinder its Potential">
" alt="African Refiners Ponder Threats to Energy Security for Africa as Transition Takes Center Stage">
" alt="Invictus Inks Gas Sales MOU to Deliver Power to Eureka Gold Mine">
" alt="Globeleq Acquires the 25 MWp Winnergy Solar PV Plant in Egypt">
