some of the Ann: 5 MARCH 2019KEY REPROCESSED SEISMIC LINES RECEIVEDHighlights • Fast-track data for key reprocessed seismic lines received • Data quality is excellent, improving definition over the giantMzarabani Prospect • Final full dataset for remaining lines in Cabora Bassa Basin areadue in April • Reprocessed dataset will enable the identification of additionalprospects and leads within acreage prior to farm out process
Invictus Energy Limited ("Invictus" or "the Company"), is pleased toannounce the progress on the seismic data reprocessing andinterpretation on its Cabora Bassa Project.The Company has received fast-track data for 2 key lines covering theMzarabani structure which has resulted in a significant improvement inthe quality of the imaging of the subsurface and over the MzarabaniProspect (see Figure 1&2). The two dip lines that cover the giantMzarabani Prospect will enable the Company to refine the volumetricestimates of the primary Upper Angwa target as well as quantify theprospectivity of the horizons above and below in this massive, stackedprospect.The final full dataset encompassing the entire Cabora Bassa Basin areawill be delivered in April. The newly processed seismic data will enablethe mapping and interpretation of additional prospects and leads withinthe SG 4571 area and integrated with the newly reprocessed gravity andaeromagnetic datasets.
IVZ Price at posting:
4.3¢ Sentiment: Buy Disclosure: Held
