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Trading halt through December 29-
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02616452-6A1130019?access_token=83ff96335c2d45a094df02a206a39ff4
futr
Invictus Energy Limited (“Invictus” or “the Company”) is pleased to provide an update on the
Mukuyu-1 sidetrack well that is currently being drilled in its 80% owned SG 4571 licence in
Zimbabwe’s Cabora Bassa Basin.
Comments from Managing Director Scott Macmillan:
“We have had further encouraging signs from the Mukuyu-1 sidetrack well since drilling
recommenced, with multiple zones encountering elevated gas shows and fluorescence in our Upper Angwa primary target proving relatively consistent with the original Mukuyu-1 well.”
“The planned comprehensive wireline logging programme including formation pressure and fluid sampling, will now be run with the aim of confirming the presence of moveable hydrocarbons in multiple zones.”
Progress and current operations
Since the last update, drilling of the sidetrack well recommenced in the 8½” hole section and
the well reached 3,603 metres Measured Depth (“mMD”) where the Total Depth (“TD”) was
called.
Elevated mud gas peaks have been observed with marked increases from C1 to C5 compounds
(methane, ethane, propane, butanes and pentanes) consistent with the Mukuyu-1 original
wellbore.
Multiple additional zones with elevated mud gas and fluorescence were also encountered
throughout the intersected Upper Angwa reservoir intervals which also have associated
drilling breaks.
Increased background gas with heavier hydrocarbon components have also been observed,
including the presence of asphaltene and bitumen in some cuttings samples which indicates
the presence of liquid hydrocarbons in the Mukuyu structure and Cabora Bassa Basin.
All zones of interest will be comprehensively evaluated through a planned wireline logging
programme which allow for the identification of any potential hydrocarbon pay.
Forward plan
The wellbore will undergo reaming of some hole sections to reduce the dog leg severity, in
preparation for wireline logging.
A comprehensive wireline logging evaluation suite is planned to be acquired across the entire
8½” hole section to provide detailed geological information in order to confirm the presence
of moveable hydrocarbons.
Wireline logging and evaluation is anticipated to take 2-4 days to complete, depending on
logging conditions
https://www.invictusenergy.com/wp-content/uploads/2022/12/61129023.pdf
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Drilling update, having to do a sidetrack: https://www2.asx.com.au/markets/company/ivz
Annual Shareholders Meeting Thanksgiving Day via Zoom-
Info and link on website
futr
Market likes the Update..+ an additional 55%!
https://www2.asx.com.au/markets/company/IVZ
futr
TD reached, additional zones of elevated gas.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02597362-6A1121892?access_token=83ff96335c2d45a094df02a206a39ff4
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What a day huh. Between this and Recon update
Up 157% on the ASX! Closing in on 100 million shares traded!
https://www.google.com/search?q=ASX%3A+IVZ&sourceid=chrome&ie=UTF-8
https://finance.yahoo.com/quote/IVZ.AX/?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAACR7pKqZy53nsSupsOqKROEhf4utX_jLiKe6N_hj-IYZd3c893iZopg7qbEBFuqHFXhM0FCBiuT-oF-rm7Tc34fDFDektrMVS0q3Gc7-IX7fwJwst04PezCHR8ZzrJ0gbwSKKclW95tLfp8jHYGCSHmDGmyvCdrJWRCxdtaUPXTz
futr
Congratulations
Drilling update. Elevated gas shows.
https://www.invictusenergy.com/wp-content/uploads/2022/11/61121454.pdf
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Response to ASX Price & Volume Query.... There may be a rumor in play.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02593773-6A1120528?access_token=83ff96335c2d45a094df02a206a39ff4
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Couple months old article on development case,if we hit
https://ihsmarkit.com/research-analysis/mukuyu1-a-gamechanger-for-zimbabwe.html?ite=1007702&ito=1274&itq=38d76e54-ae15-44c3-be73-1399676ae3ae&itx%5Bidio%5D=788814215
futr
Invictus Energy, Annual Report for year ending June 30, 2022
https://www.invictusenergy.com/wp-content/uploads/2022/10/61116964-1.pdf
Notice of shareholder meeting November 24th.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02584706-6A1116379?access_token=83ff96335c2d45a094df02a206a39ff4
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Geeezzz... It was nothing. Some minor delays and are folks selling on it? Lord....
They haven't reached the first target yet,
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02583117-6A1115745?access_token=83ff96335c2d45a094df02a206a39ff4
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yeah I don't think they would halt trading to give us a run of the mill drill report. It does seem that some nervous SH dumped shares on info that hasn't been identified. If 200 zone wasn't good they would just keep drilling forward. If it's a rig breakdown I wouldn't think they would halt but that would be reasonable to PR. Interesting
It's unusual for most all other exploration drillers. But, these guys have said they would update drilling during drilling.
And yeah, it could very well be something else and I have no idea what this is really about. It just seems to me, and some others the timing is about right for an update on the first target.
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I think it would be unusual for them to stop trading and make an announcement or comment this early in the drill. Very interesting. Have a great day and weekend.
Yes it would be first target... They were making this first target one a big deal.
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they are no where close to TD, more than likely just hitting or drilled thru the first target. So very interesting and a little mysterious. OTC SP so far hasn't cratored. Guess we will see. Good luck
This could be it. Duster or oil is the question. Halted till Wendsday. I hate how Australia does this, its a long wait with tons of speculation.
Good luck folks.
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Drilling update. They're about to drill into the first target.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02578038-6A1113781?access_token=83ff96335c2d45a094df02a206a39ff4
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Somebody been selling. They of coures have issued shares.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02575889-6A1112733?access_token=83ff96335c2d45a094df02a206a39ff4
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Only explanation that occurs to me
is that they're selling shares?
futr
Me too....
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I'm somewhat confounded
That having started this highly anticipated,potentially world class,basin opening oil and gas well...the sp has been sold off rather than bought
futr
Invictus Energy spuds Mukuyu 1
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02572186-6A1111200?access_token=83ff96335c2d45a094df02a206a39ff4
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Well, it's finally official.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02569588-6A1110079?access_token=83ff96335c2d45a094df02a206a39ff4
Weeks later after they halted trading for like a week.
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Yeah... Looks really good to me too. Bought more last week. Alot of similarities with RECAF as well. Don't see exploration plays like this very often, especially now.
Good luck
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Bought a position last week
Think they have some great leases and saavy management
I like the analogy to lokichar's "string of pearls" along the margin, combined with
the fairway down the basin
futr
New Investor Presentation: (September)
https://www.invictusenergy.com/wp-content/uploads/2022/09/61107657-1.pdf
Multiple drill targets ready:
https://www.invictusenergy.com/wp-content/uploads/2022/09/61107654.pdf
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So there is a zoom/cc interview w Scott MacMillan of Invictus Energy courtesy of Junior Resource Investing @ 7:30 PM central
JRI has other companies/interviews on youtube
Yea, that was just a cluster F. Happy that management came through here at the 11th hour and now we are back to trading. "SHOULD" be onward and upward from here. Now we wait for drilling results....
Well, that was messed up. Finally, back to trading in Australia and finally, the news...
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02561795-6A1107053?access_token=83ff96335c2d45a094df02a206a39ff4
And I don't think the assignment of blocks was printed in the Gazett yet. They went wit, it is approved to be printed in the Gazette.
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I'm surprised this is up 30% on news we already new about.
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Trading has been halted on the Australian Exchange pending news.
https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02558131-6A1106043?access_token=83ff96335c2d45a094df02a206a39ff4
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The news: Second drilling target, Baobab-1 and much, much, more license area. .
https://www.energyvoice.com/oilandgas/africa/ep-africa/436171/zimbabwe-invictus-acreage-drilling/
https://kalkinemedia.com/au/news/featured-news/invictus-energy-executes-agreement-with-swfz-expands-cabora-bassa-exploration-licence-footprint
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Invictus more than triples license area.
https://www.invictusenergy.com/wp-content/uploads/2022/08/61104776.pdf
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Yuge volume day so far. Keep this mo mo going as we make our way towards drilling results.
Invictus Energy Twitter
https://twitter.com/energy_invictus
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Drill rig is on drill site...
https://www.sundaymail.co.zw/invictus-assembles-drilling-equipment
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I keep adding on any dip. This one is a beaut. Still under the radar too.
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