Introduction

SG 4571 covers 250,000 acres located in the most prospective portion of the Cabora Bassa Basin in northern Zimbabwe.

Previously explored by Mobil Oil, the project contains potentially the largest, seismically defined, undrilled structure in onshore Africa. The Mzarabani anticline feature has over 200km2 under closure and 500m vertical relief and favourable depths for conventional oil and gas with TCF+ potential.

In the early 1990s, Exxon Mobil was the first company to conduct oil and gas research in the region where the block is located, but it later abandoned the work.Invictus Energy entered the block in August 2017, reprocessing data once obtained by Exxon Mobil and carrying out a year of exploration work.

In SEP, 2018,Invictus Energy Limited has confirmed the potential of oil in Muzarabani.

Operator

Invictus Energy(Zimbabwe): Operator with 80% interest.

One-Gas Resources: 20% interest.