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Invictus Energy Limited ( (AU:IVZ) ) just unveiled an update.
Invictus Energy Ltd has provided an update on its joint venture with Al Mansour Holdings (AMH) through their company Al Mansour Oil & Gas (AMOG), which aims to acquire and invest in oil and gas assets across Africa. The partnership is negotiating a structure that could allow AMH and other Qatari parties to become 50% shareholders of Invictus, pending regulatory approvals. The settlement of a previously announced placement has been deferred to align with these negotiations, with all other terms remaining unchanged.
More about Invictus Energy Limited
Invictus Energy Ltd is an independent oil and gas exploration company focused on high-impact energy resources in sub-Saharan Africa. The company holds a significant asset portfolio in the Cabora Bassa Basin in Zimbabwe, including the Mukuyu gas field. Invictus Energy is committed to ethical and responsible operations, with headquarters in Perth, Australia, and offices in Harare, Zimbabwe.
Average Trading Volume: 8,331,770
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$240.5M
See more data about IVZ stock on TipRanks’ Stock Analysis page.