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Invictus Energy, Dallaglio Investments and Himoinsa Southern Africa have signed a Memorandum of Understanding (MOU) to develop a gas-to-power project to supply electricity to Eureka Gold Mine, one of the largest gold producing mines in Zimbabwe.
Invictus Energy has reinforced the confirmation of a rich gas-condensate discovery in the Mukuyu field, following positive results from further downhole reservoir fluid sample analysis.
Australian energy firm, Invictus Energy Limited, has raised AU$15 million (US$10,25 million) through an institutional placement of new shares to fund operations at its Mukuyu 2 oil and gas drill site.
Former Delta chief executive officer (CEO) Mr Joe Mutizwa, has been appointed non-executive director and deputy chairperson of Australia Stock Exchange (ASX) oil and gas exploration junior, Invictus Energy Limited.