THE Mukuyu Field, operated by Australian explorer Invictus Energy, has secured prominent recognition as the second-largest discovery in Sub-Saharan Africa for 2023, according to a leading energy consultancy, Wood Mackenzie.
The independent assessment places the estimated reserve at 230 million barrels of oil equivalent (boe), underscoring the significant potential of Zimbabwe’s Cabora Bassa basin.
“This third-party validation highlights the growing importance of Zimbabwe’s onshore oil and gas sector and reinforces our conviction in the basin’s broader prospectivity,” remarked Managing Director of Invictus Energy Scott Macmillan.