Invictus Energy has awarded an integrated well services contract to Baker Hughes for its 80%-owned and operated Cabora Bassa project in Zimbabwe
A letter of intent has been executed and the contract is expected to be finalised and executed in the coming weeks.
The contract is for services including cementing, mudlogging, drilling fluids, tubular running, directional drilling and logging, installation of wellhead equipment and project management.
As announced on 10 December 2021, Invictus has contracted Exalo Rig 202 to perform the drilling work, with the first well expected to spud in the first half of 2022.
Invictus has appointed ERC Equipoise (ERCE) to conduct an independent prospective resource update for the Cabora Bassa Project. The review will incorporate the newly acquired and processed high resolution 2D seismic data from the CB21 Seismic Survey completed in November 2021 and the concurrently reprocessed 1990 vintage Mobil 2D seismic survey for the prospects and leads identified from the seismic interpretation.
