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Invictus Discovers Gas Play at Mukutu-2 but No Helium

Invictus Energy declared a gas discovery at the Mukuyu-2 well in the Cabora Bassa Project, Zimbabwe. The preliminary net pay estimate for the Upper Angwa formation is 13.9m, with additional gross sands indicating further upside. TD was reached for the Lower Angwa formation, and the company is undertaking wireline logging to assess the reservoir. However, it is notable that there were no traces of helium at Mukuyu-2 even though it is very close to Mukuyu-1 where Invictus confirmed the presence of helium.

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