A second phase of 2D seismic surveying is expected to begin in May 2023.
Additionally, drilling at the Mukuyu-2 well by the Exalo Rig 202 is expected to commence in Q3 2023. The company is targeting gas condensate and light oil in the Upper Angwa, Pebbly Arkose and Post Dande formations.
The rig will undergo maintenance and upgrades beginning in April 2023.
“I am pleased with the backing Invictus has received from both existing and new shareholders as we prepare to follow up the successful Mukuyu-1 exploration campaign,” said Scott Macmillan, managing director of Invictus Energy.
In January 2023, the company identified 13 potential hydrocarbons bearing zones at its nearby Mukuyu-1 exploration well.
Spain's Iberdrola plans to triple its offshore wind assets in the coming years, bringing their value to USD 18 billion,… Read More
Saipem has been awarded a USD 850-million contract for subsea works in Angola by local BP-Eni joint venture Azule Energy,… Read More
Arrow Exploration has spud a new production well on the Tapir block in Colombia’s Llanos Basin, the company announced on… Read More
Petronas has made a third oil and gas discovery in Suriname's offshore Block 52, the Malaysian company announced on Wednesday Read More
Japanese power generation player JERA on Thursday announced plans to invest USD 32 billion in LNG, renewables and new fuels… Read More
Chevron is planning to exit its North Sea operations after 55 years of activity in the oil hotspot, Reuters reported… Read More
This website uses cookies.