Award of well services contract to SLB for Musuma-1 well

Key points

• Well services contract awarded to SLB for Musuma-1
• Musuma-1 wellpad construction, access roads, and civil works are in progress
• Exalo Rig 202 maintenance commenced ahead of mobilization to Musuma-1
• Musuma-1 remains on track to spud in November 2026

Full summary

Invictus Energy Ltd, an independent oil and gas exploration company, has announced the award of a key drilling and well services contract to SLB (formerly Schlumberger) for the Musuma-1 exploration well, located in the Cabora Bassa Project in Zimbabwe. The contract covers the provision of specialized services, technology, and operational resources. The Musuma-1 wellpad construction, access roads, and supporting civil infrastructure are advancing in preparation for the mobilization of Rig 202 and the supporting drilling and well services equipment. Rig 202 maintenance has also commenced to ensure readiness for the upcoming drilling program. The Company remains on track to commence drilling Musuma-1 in November 2026.