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Friday, July 14, 2023
Invictus Energy has selected the location for its follow up appraisal well to the play opening Mukuyu-1 exploration in Zimbabwe’s Cabora Bassa Basin. The Mukuyu-2 well is set to spud during this quarter and will target multiple horizons intersected in the Mukuyu-1 well in an updip location, including the primary Upper Angwa and untested Lower Angwa reservoirs.
Mukuyu-1 was the first well to be drilled in the frontier Cabora Bassa Basin, confirming a working hydrocarbon system and the presence of light oil, gas-condensate, and helium earlier this year.
Wellpad construction at the Mukuyu-2 site is already well underway and Exalo Rig 202 is due on location in the coming weeks.
Managing Director Scott Macmillan commented: “Selection of the Mukuyu-2 appraisal well location, refinement of the well trajectory and drilling plans have been completed as we prepare to follow up from our highly successful basin opening Mukuyu-1/ST-1 well.
The Mukuyu-2 well will be located approximately 6.8km north-east from Mukuyu-1 and over 400m updip at the primary Upper Angwa target, which provides the potential to prove up a material discovery upon success.
Mukuyu-2 will be a near vertical well with a planned total depth of approximately 3,700m, which will also enable us to penetrate the untested Lower Angwa reservoirs in this location.
Preparations for the drilling of Mukuyu-2 are well underway and focused on leveraging the insights from our previous campaign. The wellpad construction is progressing well and we remain on schedule to spud in the third quarter of CY23.
“Mukuyu-1/ST1 has already confirmed the presence of light oil, gas and helium, de-risking drilling in the frontier Cabora Bassa Basin. Success at Mukuyu-2 and confirmation of a significant discovery will further unlock the value of our material portfolio and basin master position in the Cabora Bassa Basin.”
The full announcement with details on each appraisal well can be found here.
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