The project has signed up Polaris Natural Resources Inc to undertake a seismic survey starting Q2 of 2021.
The highlights of the Seismic Survey are:
- Seismic contract awarded to Polaris to conduct 2D survey in Cabora Bassa Basin
- Seismic program to acquire minimum of 400 line km 2D seismic
- Seismic program aims to refine Mzarabani-1 drilling location and identify additional prospectivity for upcoming drilling campaign
An ASX announcement released on the 21 st April 2021, by the One Gas project partners, Invictus Energy, reads as follows:
Invictus Energy Limited ("Invictus" or "the Company"), is pleased to provide an update on
the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe.
Invictus, following the recent signing of the Petroleum Exploration Development and
Production Agreement (PEDPA) with the Republic of Zimbabwe, has awarded Polaris
Natural Resources Inc, Canada’s longest standing seismic company to provide acquisition
services for its first 2D seismic program in the Cabora Bassa Basin.
Polaris has conducted over 1,000 seismic projects since 1996 and introduced the first ‘low
impact seismic crew’ into Africa in 2008. Polaris has conducted over 15 projects in East
Africa and has been well accepted in all communities where they have operated. Polaris will
also deploy the world’s newest and smallest wireless recording nodes and receivers.
Bill Mooney, Polaris CEO, states:
“Polaris is very pleased to support Invictus on this world class project. The combination of
technologies being employed represent not only the lightest seismic footprint possible, but
also allows for very fast and high resolution data acquisition.”
The Company intends to conduct, process, and interpret a minimum of 400 line kms of 2D
seismic in order to refine the Mzarabani-1 drilling location and well path and identify
additional prospectivity for the upcoming drilling campaign. The proposed seismic survey
will be conducted with a minimal environmental footprint and utilise existing roads and
tracks wherever possible.
Invictus Managing Director Scott Macmillan commented:
“Our exploration program is on track, and the significant amount of preparatory
work that we have undertaken is paying off. We are using a very experienced
contractor and have put in place a very experienced team to run the program. The
seismic program will enable us to refine the Mzarabani-1 target defined from the
existing seismic dataset and help us fill our prospect inventory ahead of our basin
opening drilling campaign. We are very excited to get our exploration program
underway.”