Invictus Energy has made a significant natural gas discovery at the Mukuyu-2 well within the Cabora Bassa project in Zimbabwe, prompting immediate steps toward development and monetization. The company has initiated a partnership to supply gas to Zimbabwe’s Eureka gold mine, enhancing local energy production.

In collaboration with Himoinsa Southern Africa (a subsidiary of Yanmar) and Dallaglio Investments Pvt Ltd, which operates the mine, Invictus Energy will construct a 12 MW power plant powered by natural gas from the Cabora Bassa field. This initiative will channel electricity to the Eureka mine, situated approximately 50 km from the gas field, through Zimbabwe’s national grid.

Further, a comprehensive feasibility study is slated for the mining site to assess the potential for a gas-to-electricity conversion unit. This study aims to explore expanding the facility’s capacity to 50 MW, allowing surplus power to be supplied to private clients and the Southern African energy pool.

This venture is part of Invictus Energy’s broader strategy to leverage the extensive potential of the Cabora Bassa project, which is estimated to contain around 20 Tcf of gas and 845 million barrels of oil. Holding an 80% stake in the project, Invictus is committed to accelerating development and maximizing returns.