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Why Did Invictus Energy Walk Away from Al Mansour’s $38 Million Deal?
9:50am on Tuesday 27th of January, 2026 AEDT
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Energy
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Why Did Invictus Energy Walk Away from Al Mansour’s $38 Million Deal?
9:50am on Tuesday 27th of January, 2026 AEDT
Key Points
Termination of Subscription Agreement with Al Mansour Holdings
Disagreement over unacceptable terms conflicting with ASX and ASIC rules
Al Mansour failed to meet contractual obligations, leading to repudiation
Invictus to focus on advancing Cabora Bassa Basin assets
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