Energy

Invictus Energy ready to start drilling for oil, gas in Zimbabwe by September

Australia-based Invictus Energy plans to start drilling its first exploration well for oil and gas in Cabora Bassa location in the northern part of Zimbabwe by early September. The first well, Mukuyu-1, will be 3.5 km deep at a cost of $16m, said Paul Chimbodza, chairman of the Australian company’s local subsidiary Geo Associates on […]