Ivz asx

Invictus Energy Ltd is an Australia-based independent oil and gas exploration company focused on high-impact energy resources in sub-Saharan Africa. Its asset portfolio consists of a prospective portion of the Cabora Bassa Basin in Zimbabwe. The operating segment of the company is exploration, ivz asx. The company's key project is the Cabora Bassa project ivz asx Zimbabwe.

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Ivz asx

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Exploration Risk IVZ ivz asx be doing a maiden drilling program at its gas project, there is a chance the drilling finds no gas which could mean the project is stranded.

It will also aim to test the Post Dande horizon away from the major east-west fault on the southern flank. Read more. The project includes the Mukuyu structure, which was drilled in late , confirming a working hydrocarbon system in the Cabora Bassa Basin and de-risking other exploration prospects along the Central Fairway Play. Invictus is currently preparing to drill an appraisal well on the Mukuyu structure, targeting multiple hydrocarbon gas-condensate and potentially light oil bearing intervals and to test the deeper potential not encountered in the initial exploration campaign due to it being thicker than pre-drill estimates. Mukuyu-2 will be designed to allow for flow testing to confirm reservoir deliverability and connectivity, following a successful discovery.

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Ivz asx

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Active Global Property Funds. There is always a risk that a recession occurs and energy prices all over the world start to fall. A verification email has been sent. Why did we invest in IVZ? Milestones Review targets. Roundup of ASX market movements. Morningstar Investor users sign in here. The company then ran detailed modern processing of the data to finalise the drilling location for the Mukuyu-1 well. Its asset portfolio consists of a prospective portion of the Cabora Bassa Basin in Zimbabwe. While the appraisal well is somewhat derisked because it is targeting a known hydrocarbon system there is still a risk that nothing commercial is found. All markets data located on FT. Media centre.

It will also aim to test the Post Dande horizon away from the major east-west fault on the southern flank. Read more. The project includes the Mukuyu structure, which was drilled in late , confirming a working hydrocarbon system in the Cabora Bassa Basin and de-risking other exploration prospects along the Central Fairway Play.

Actions Add to watchlist Add to portfolio Add an alert. Dec 11, Next Investors. How to list. WA lithium exploration has been a shining light in an otherwise dark sentiment small cap market. Read more. ASX Market Report. IVZ is a gas exploration company drilling one of the largest un-tested gas prospects in Zimbabwe. What does IVZ do? Your password should be characters Invalid password: this word has been flagged as unsuitable for use as a secure password. Well design completed - location finalised. Information Services.