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Invictus Energy Advances Zimbabwe Gas Project with $12M Capital Boost

10:08am on Friday 24th of January, 2025 AEDT Energy
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Invictus Energy Advances Zimbabwe Gas Project with $12M Capital Boost

10:08am on Friday 24th of January, 2025 AEDT
Key Points
  • Final review of Petroleum Production Sharing Agreement nearing execution
  • Next drilling campaign targeting Musuma prospect with over 1 Tcf gas potential
  • Completed tranche 2 of $10 million capital raise plus $2 million oversubscription
  • Ongoing farm-out discussions with multiple strategic partners
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