Sundaymail Editor
Online Reporter
AUSTRALIAN oil and gas exploration company, Invictus Energy Limited, says it is on course to meet its May 2022 deadline to start the drilling campaign at its Cabora Bassa project in Muzarabani, where it is prospecting for oil and gas reserves.
This follows the acquisition of key equipment required for the operation.
In a statement on Wednesday, Invictus managing director, Mr Scott Macmillan, said the company has secured wellheads and casing long leads for a 2-well drilling programme.
A wellhead is a component at the surface of an oil or gas well that provides the structural and pressure-containing interface for the drilling and production equipment.
“We are very pleased with the way the drilling programme is coming together, with Invictus securing the wellheads and casing long lead items for a high impact 2-well drilling programme,” said Mr Macmillan.
“We are now finalising the well services contract award, and working to execute the binding rig agreement with Exalo for the #202 drilling rig.
“Invictus remains on track for the upcoming drilling campaign to commence in May 2022. We are planning for a successful drilling campaign, which if transpires will be a transformational event for both Invictus and Zimbabwe.”
The company has completed an extensive tendering exercise for integrated well services contract, including cementing, directional drilling, logging while drilling, drilling fluids and wireline services for the upcoming drilling campaign.
The formal award of the contract is expected shortly.
Online Reporter