Big leap in seismic quality is encouraging for Invictus
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Preliminary processing of Invictus’ ongoing 2D seismic program in Zimbabwe has demonstrated a substantial improvement in quality over historical seismic data.
The company has so far completed 467km of seismic over its Cabora Bassa gas and condensate project with remediation of completed lines now underway.
Invictus Energy (ASX:IVZ) adds that the substantial improvement in seismic data quality observed in the early stage processing carried out by Earth Signal is extremely encouraging.
This data is already providing it with improved seismic resolution, good fault definition and sharper delineation.
Final seismic products will determine the well locations for the high impact basin opening drilling campaign that is scheduled for the first half of 2022.
The 2D seismic survey at Cabora Bassa, which has been independently assessed to host prospective resources of about 9.25 trillion cubic feet of gas and 294 million barrels of condensate, is expected to help refine the location and path of the planned Mzarabani-1 gas exploration well.
Previous work had defined five stacked targets at the prospect, all of which will be tested by the same well.
There is big demand for gas in southern Africa with multiple large scale power generators, miners, chemical processing and industrial customers.
This article was developed in collaboration with Invictus Energy, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.