Invictus Energy secures SLB for Musuma-1 as November drilling milestone attracts nearer
Invictus Energy Ltd (ASX:IVZ) has awarded SLB, previously Schlumberger, a key drilling and nicely companies contract for the high-impact Musuma-1 exploration nicely at its Cabora Bassa Project in Zimbabwe, maintaining the marketing campaign on observe for a November 2026 spud.
The contract is a significant operational milestone as Invictus advances a number of workstreams in parallel, together with development of the Musuma-1 wellpad and entry roads, preparation of drilling tools and upkeep of Exalo Rig 202 forward of mobilisation.
SLB will present specialised companies, know-how and operational assets for the drilling marketing campaign, with tools preparation, logistics and mobilisation planning now underway.
“Securing SLB completes one other important element of the Musuma-1 marketing campaign and considerably advances operational readiness forward of drilling,” Invictus managing director Scott Macmillan mentioned.
“SLB brings world-class technical experience, tools and operational functionality, in addition to invaluable continuity from the profitable Mukuyu-2 drilling marketing campaign.”
Well companies contract signing with Invictus CEO Scott Macmillan and SLB Managing Director, Central, East & Southern Africa Miguel Baptista.
Site and rig preparations advancing
Construction of the Musuma-1 wellpad, entry roads and supporting civil transport systems is progressing forward of the deliberate mobilisation of Rig 202 and related drilling and nicely companies tools.
Invictus is coordinating drilling, logistics and civil contractors to make sure the location and supporting transport systems are prepared earlier than the rig transfer.
Exalo has additionally began its upkeep, inspection and readiness program for Rig 202. Once accomplished, the rig will probably be moved to Musuma-1 for rig-up, last commissioning and acceptance earlier than drilling begins.
Musuma-1 targets Eastern Margin alternative
Over the approaching weeks, Invictus plans to finish the wellpad and civil works, end Rig 202 upkeep, put together and mobilise SLB tools and transfer drilling supplies, tubulars and wellhead tools to web site.
Rig mobilisation will then be adopted by commissioning, acceptance and last pre-spud actions, with drilling nonetheless scheduled to start in November.
Musuma-1 will check a fabric unbiased exploration goal throughout the Eastern Margin play of the Cabora Bassa Basin and represents a key upcoming exploration catalyst for Invictus.
About Invictus Energy
Invictus Energy is an unbiased upstream oil and fuel explorer with a extremely potential landholding in Zimbabwe’s Cabora Bassa Basin.
The firm has already made a major fuel discovery on the Mukuyu subject in northern Zimbabwe and continues to advance exploration throughout what it describes as certainly one of Africa’s final largely untested frontier onshore rift basins.
Its broader portfolio covers about 360,000 hectares and consists of the Mukuyu Gas Field alongside a number of Basin Margin prospects.
