Invictus working on Zimbabwe PSC
The once-pariah nation could become a regional exporter in energy-starved southern Africa, according to MD Scott Macmillan
ASX-listed independent Invictus Energy is pioneering upstream development in Zimbabwe. Managing Director Scott Macmillan spoke with Petroleum Economist about the company’s progress and plans. Can you give us an update on progress at your Mukuyu project? Invictus Managing Director Scott Macmillan Macmillan: In December 2023, we declared two gas discoveries from our Mukuyu-2 well drilling programme in the Upper and Lower Angwa reservoirs, with the recovery of moveable hydrocarbons to the surface. Subsequently, Mukuyu-1 has also been classified as a discovery in the Upper Angwa, which was successfully drilled in late 2022, confirming the p

Also in this section
14 May 2025
The invisible hand of the market has seen increasing transparency but much more needs to be done to build a better understanding
13 May 2025
A fall in Venezuelan output drives overall production lower, as Saudi Arabia starts to slowly bring more crude to the market
12 May 2025
With the gas industry’s staunchest advocates and opponents taking brutal blows, the sector looks like treading a path of insipid indifference