IVZ Price sensitive 15 Oct 2026, 9:27 AM

Musuma-1 Wellpad Completed

Invictus Energy Ltd

Musuma-1 Wellpad Completed by Invictus Energy

Key points

  • Musuma-1 wellpad construction completed and accepted by Exalo
  • Exalo Rig 202 to relocate from Mukuyu-2 to Musuma-1
  • Drilling operations planned to commence in November

Full summary

Invictus Energy Ltd has completed the Musuma-1 wellpad construction, including civil works and access roads, and received formal acceptance from drilling contractor Exalo Drilling S.A. This milestone clears the way for the relocation of Exalo Rig 202 from the Mukuyu-2 wellsite to Musuma-1. Following rig-up and maintenance activities, final rig acceptance will precede drilling operations. The company aims to commence drilling at Musuma-1 in November, targeting the Cabora Bassa Basin in Zimbabwe.

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