Invictus Energy Ltd (ASX:IVZ) managing director Scott Macmillan speaks to Proactive Investors about the oil and gas exploration company’s Cabora Bassa Project in northern Zimbabwe.
“It’s a fantastic asset that we’ve picked up – it was previously explored by Mobil over 30 years ago and it’s been sitting dormant, locked up for the past 25 years.
He continues, “the basin is very exciting and the portion of acreage that we’ve picked up contains the Mzarabani prospect.
“It’s the largest undrilled seismically-defined structure in onshore Africa that’s got multi-trillion cubic feet potential.”