Invictus Energy provides update on Cabora Bassa Project

Invictus Energy Limited (ASX: $IVZ) has completed the interpretation of new 2D seismic data from the Cabora Bassa Project in Zimbabwe. The data revealed multiple amplitude-supported prospects in the Dande Formation, suggesting the presence of reservoired hydrocarbons. The company is now focusing on maturing these prospects for a future exploration drilling campaign.

Executive Commentary on New Prospects

Scott Macmillan, Managing Director of Invictus Energy, expressed excitement about the newly mapped amplitude-supported prospects in the Dande Formation. He highlighted the encouraging seismic amplitude response across the Musuma, Mopane, and Mururo prospects, indicating the potential for a single, large hydrocarbon accumulation. Macmillan also mentioned the ongoing evaluation of the CB23 survey data and the company's commitment to maturing these prospects for an upcoming exploration drilling campaign.

Summary of Seismic Data Interpretation

The interpretation of the new 2D seismic data at the Cabora Bassa Project has led to the identification of multiple amplitude-supported prospects in the Dande Formation. The presence of consistent amplitude anomalies across different seismic datasets increases the confidence in the interpretation and the likelihood of valid traps being present. The company's focus on maturing these prospects for an upcoming exploration drilling campaign reflects its commitment to exploring high impact energy resources in sub-Saharan Africa. With the potential for a single large accumulation based on the amplitude response, Invictus Energy's outlook appears promising as it continues to evaluate and progress its exploration activities in the region.