Jul 2019: Invictus Energy (operator, 80%) announced that the independent Getech Group have estimated substantial gas and condensate resource potential at the Cabora Bassa Project in SG 4571, especially in the Mzarabani Prospect. A farmout process is underway.
Apr 2019: Invictus Energy received processed seismic data for its Cabora Bassa Project to better image the Mzarabani structure and the basin margin fault within the SG 4571 permit. The Cabora Bassa Project encompasses the Mzarabani gas/condensate prospect.
Apr 2018: Interpose Holdings (formerly Sunbird) announced that it will acquire an 80% interest and operatorship of the SG4571 Permit overlying the Cabora Bassa Basin via the acquisition of Invictus Energy Resources. The Permit contains the Mzarabani gas and condensate prospect which may be the largest, seismically defined (by Mobil in the early 1990s), undrilled rift structure in Africa.