Invictus Energy Limited (AU:IVZ) has released an update.
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Invictus Energy Ltd, an independent oil and gas company, has had its licence for the SG 4571 block in Zimbabwe’s Cabora Bassa Basin renewed for an additional three years, allowing them to proceed with their high impact exploration program, which includes 3D seismic acquisition and further drilling. The Mukuyu gas field discovery within this licence area positions Invictus to apply for a production grant at any time, signaling promising prospects for the company and its stakeholders.
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