Tight Reservoir Properties With Complex Mineralogy Targeting 3500 Metres Deep Toward USD$12 Billion Mining Economy – Invictus

Australian based nvictus recommences drilling for Invictus Energy has revealed having undertaken a bold daring move involving drilling for oil, and gas unearthing tight Reservoir Properties With Complex Mineralogy Targeting 3500 metres deep toward Minister of Mines Winston Chitando’s USD$12 billion mining economy.

Invictus spokesperson Josh Nyman, revealed that drilling was improving as they were now approaching primary targets located about 3 500 metres deep.

“Drilling planned to recommence this (last) week as they aim towards the primary targets around 3 500 metres down.

“ Standard practice is for drilling to stop while a new casing is set to allow the drill to go deeper,” he said.

“Analysis of the zone about 785 metres measured depth was interpreted to have tight reservoir properties with complex mineralogy.

“However, the decision was made to forgo running further wireline logging without the appropriate sampling probe and packers available, along with a range of other factors taken into consideration.”

Invictus Energy managing director, Scott Macmillan, updated the Australian Stock Exchange on October 26, saying preliminary findings had shown potential for hydrocarbons, which was encouraging.

McMillan said despite the temporary halt in drilling, operations were still on track to be completed as previously scheduled.

Soon after drilling at the Mukuyu-1 prospect, the company will switch focus to its second well drilling programme at the Baobab-1 prospect in Muzarabani.

This Mukuyu-1 prospect is among the largest oil and gas exploration prospects being drilled globally this year, targeting a combined prospective resource potential of 20 trillion cubic feet and 845 million barrels of conventional gas condensate, or about 4,3 billion barrels of oil.

The Australian Stock Exchange-listed firm searching for oil and gas deposits in Muzarabani and Mbire districts in Mashonaland Central province, recommenced drilling at its Mukuyu-1 prospect last week.

Invictus had halted Drilling as a new casing was being set to allow the drill to go deeper as they approach the primary targets.

It is expected to take 50-60 days Drilling and evaluation of the well to complete.

Spokesperson Nyman said, thereafter, a wireline logging evaluation will be carried out to ascertain results of the drilling once primary targets have been reached.

In Wireline logging, operations use sophisticated tools that are lowered into the well on an electric cable to take different measurements of samples from the borehole and reservoirs.

“The 200 horizon target was interpreted to contain potential hydrocarbons based on a range of readings.

“Drilling rate is expected to improve as the rig drills towards primary targets in the 600 and 650 horizons (Upper Angwa Alternations Member) reaching approximately 3 500 metres before a wireline logging evaluation suite is run to determine results,” he said.