Publication date: March 4, 2024
Significant Condensate and Helium Find in Zimbabwe by Invictus Energy

Significant Condensate and Helium Find in Zimbabwe by Invictus Energy

Invictus Energy reports the discovery of condensate and helium in Zimbabwe, reigniting interest in an area previously explored by Exxon Mobil.

Energy

In a noteworthy development from the energy sector, Invictus Energy Ltd., an Australian company, has achieved success in its exploration project in northern Zimbabwe, identifying significant deposits of condensate and helium. This project, which was earlier abandoned by Exxon Mobil Corp. in the 1990s, has now resurfaced with promising potential. The discovery could have considerable implications for Zimbabwe's energy landscape and represents a step forward in utilizing the country’s untapped natural resources. Invictus Energy's find not only highlights the latent prospectivity of the region but also reopens discussions about the exploitation and development of these resources for economic and energy security benefits.