Invictus Energy Says Gas Project Granted National Project Status by Zimbabwe

MT Newswires Live09-02

Invictus Energy (ASX:IVZ) said its Cabora Bassa gas project was granted national project status by the Zimbabwe Finance Minister Mthuli Ncube, according to a Tuesday Australian bourse filing.

The parties finalized the terms of the petroleum production sharing agreement, which is now being prepared for execution.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment