Invictus Energy Limited · ASX:IVZ
Invictus Energy — Africa Oil Week – Africa Independents Forum 2021
19 slides from Invictus Energy's conference presentation, November 2021
Slide 1: Cabora Bassa Project Update
Invictus Energy Ltd (ASX: IVZ) Africa Oil Week – Africa Independents Forum Cabora Bassa Project Update Stuart Lake Chairman 1 November 2021
Slide 2: Disclaimer
Disclaimer This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for securities. In particular, this document is not an offer of securities f
Slide 3: First mover in the under-explored Cabora Bassa Basin, Zimbabwe
The first mover in the under-explored Cabora Bassa Basin, Zimbabwe, one of the last undrilled Oil & Gas basins in Africa Muzarabani Prospect is the largest undrilled conventional oil and gas prospect onshore Africa 8.2Tcf + 247 million barrels of conventional gas-condensate1 (~1.6 billion boe) indep
Slide 4: Invictus Snapshot
2018 WA $93.6m ~$7.3m Market Cap Listed Headquartered Net Cash @$0.16 Elephant scale Rapidly developing & High quality Significant Southern Invictus prospective Oil & Gas resource, defined by supportive jurisdiction of Zimbabwe surrounding infrastructure African Energy shortage Snapshot high quality
Slide 5: SG 4571 – Asset Overview
SG 4571 – Asset Overview Owner and operator of SG 4571 Cabora Bassa asset with first term of work program complete to August 2020 • New 2D infill seismic acquired recently completed – 840 line km Local Operators • Legacy dataset of $30m seismic, gravity aeromagnetic and geochemical 1 6 dataset gener
Slide 6: Working Petroleum System Present and Multiple Source Rocks
Working Petroleum System Present and Multiple Source Rocks Source Rock & Seal present in the basin – live oil recorded from 3 Mkanga formation surface samples TOC Frequency Outcrop Locations Source Rock Invictus Surface Outcrop Sample Program Mkanga Formation Permian July 2019 Frequency Alternations
Slide 7: Maturity – Present Day
Maturity – Present Day Generation on structure present day Red =Gas Green =Oil Source Intervals highlighted 7
Slide 8: SG 4571 – Asset Overview: Muzarabani Prospect
SG 4571 – Asset Overview Muzarabani Prospect – 5 Stacked Targets can be targeted from a single well. 200km2 under closure N Msasa Lead 15km Muzarabani – Structural 4-way dip closure Dande: 0.4 Tcf Muzarabani Line 90MZIH-013 • • Forest: 1.6 Tcf S Upper Angwa outline • Pebbly Arkose: 1.4 Tcf + 60 mmbb
Slide 9: CB21 Seismic Survey Successfully Completed
CB21 Seismic Survey Successfully Completed CB21 Survey 839.3kms 2D seismic acquired to refine Muzarabani-1 well location and mature basin margin play Mobil Survey (1990) Polaris Vibroseis Units acquiring final shots Invictus Survey (2021) Seismic Program Overview • Mobil seismic acquired at reconnai
Slide 10: CB21 Seismic Data Early Look
CB21 Seismic Data Early Look Preliminary processing shows very encouraging early signs – clear fault definition and deep reflectors Line CB21-010 Preliminary Stack – Scaled Version N S Anomalous amplitude character in the shallower section Obvious amplitude anomaly against Basin Margin Fault Muzarab
Slide 11: CB21 Seismic Data Early Look
CB21 Seismic Data Early Look Strong amplitude anomalies in shallow sections along basin margin and Muzarabani structure Line CB21-010 Preliminary Stack – Unscaled Version N S Anomalous amplitude character in the shallower section (Dande Fm?) Obvious amplitude Muzarabani anticline anomaly against Upp
Slide 12: CB21 Seismic Data Early Look – Direct Hydrocarbon Indicators?
CB21 Seismic Data Early Look – Direct Hydrocarbon Indicators? Potential “Flat Spots” in Muzarabani structure Line CB21-010 Preliminary Stack – Unscaled Version N S Obvious amplitude anomaly against Basin Margin Fault Higher amplitudes within Potential “Flat Spots” potential trap – terminating at the
Slide 13: History & Strategic Milestones
History & Strategic Milestones Invictus has spent 3 years de-risking project & holds a clear pathway to continue towards development of the SG 4571 asset Cabora Bassa Project Muzarabani Prospect Cabora Bassa Project Petroleum Exploration Updated prospect Acquired – largest Independent Prospective re
Slide 14: Zimbabwe – Geopolitical Overview
Zimbabwe – Geopolitical Overview An overlooked jurisdiction for last 20 years due to political and economic instability, despite significant reforms • New government is pro-business, promoting foreign investment and has implemented investor friendly reforms • Mines Minister is a former resources ind
Slide 15: Strategic Location – Southern Africa's Energy Crisis
Strategic Location – Southern Africa’s Energy Crisis Southern Africa is facing an energy crisis with increasing shortages of electricity hampering industry and investment • Majority of power in the region is coal and hydroelectric • Southern African Power Pool (‘SAPP’) enables cross-border Legend el
Slide 16: Strategic Location – Major Downstream Markets
Strategic Location – Major Downstream Markets Multiple large scale power generation, mining, chemical processing & industrial downstream consumers within Southern Africa Market Major Southern African Markets • Gas to Power can be generated locally and excess Power DRC exported to neighbouring countr
Slide 17: Strategic Location – Multiple Routes to Market
Strategic Location – Multiple Routes to Market Multiple transportation routes to market across existing infrastructure Infrastructure Major Routes to Market Tanzania Dar es • Twin Harare-Beira liquids pipeline (800km) and DRC Salaam 1 Gas Pipeline connect to ROMPCO pipeline feeding Sasol Gas Zambia
Slide 18: Cabora Bassa Partnering Opportunity
Cabora Bassa Partnering Opportunity High Impact Drilling Campaign H1 2022 First mover advantage Multiple offtake MOU’s Strategically positioned Government providing with SG 4571 exhibiting secured with blue-chip to supply into Southern supportive environment significant scale and customers underpinn
Slide 19: Contact
Contact: Scott Macmillan Managing Director E: info@invictusenergy.com P: +61 (8) 6102 5055 This presentation was approved for release by Invictus Board 19
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