Interpose Enters SPA for Zimbabwe Project

Sunday, April 22, 2018

Interpose Holdings, formerly Sunbird Energy, has entered into a binding sale and purchase agreement to acquire an 80% interest and operatorship in the SG4571 Permit, the Cabora Bassa Project, in Zimbabwe. The company gains the stake through the acquisition of a 100% interest in Invictus Energy Resources.

The acquisition of Invictus and its interest in the Cabora Bassa Project, which contains the Mzarabani prospect, represents an opportunity to secure first mover advantage and a dominant acreage position covering potentially the largest, seismically defined, undrilled hydrocarbon structure onshore Africa.

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