ZIMBABWE – Inviticus Energy Limited (IEL) has announced that the government has set up a technical committee to undertake negotiations for a production sharing agreement (PSA) with the former over its oil and gas project in Zimbabwe. IEL is working on the that encompasses the Muzarabani Prospect, a multi-TCF (trillion cubic feet) and liquids rich conventional gas-condensate target, which is potentially the largest, undrilled seismically defined structure onshore Africa. “The company has been informed by the Ministry for Mines and Mining Development that a technical committee has been set up…
Read MoreZimbabwean government to partner with Inviticus Energy on gas and oil projects
