TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Invictus Energy Limited ( (AU:IVZ) ) just unveiled an announcement.
Invictus Energy Ltd has been granted National Project Status for its Cabora Bassa Project in Zimbabwe, marking a significant step in its development. This status, along with the finalization of the Petroleum Production Sharing Agreement terms, provides fiscal and non-fiscal benefits that will aid in advancing the project towards commercial gas production, enhancing Zimbabwe’s energy landscape and offering long-term value for shareholders.
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 within the Cabora Bassa Basin in Zimbabwe, including the newly discovered Mukuyu gas field and multiple Basin Margin prospects.
Average Trading Volume: 4,433,875
Technical Sentiment Signal: Buy
Current Market Cap: A$272.6M
See more insights into IVZ stock on TipRanks’ Stock Analysis page.