Articles On Invictus Energy (ASX:IVZ)

Invictus Energy (ASX:IVZ) reports robust gas flows at its 80 per cent-owned Cabora Bassa project in Zimbabwe The gas exhibits fluorescence and elevated LWD resistivity in both the upper and lower Angwa reservoirs of its Mukuyu-2 well...

ASX to open higher, tracking Wall Street Alphabet and Microsoft reported their quarterly results Bitcoin surged to over US$34k   Aussie shares are poised to rise at the open, tracking movements on Wall Street overnight. At 8am AEST, the A...

Welcome to the middle of the week. The ASX200 looks set to rise today with futures up 24pts (0.35 per cent) as of 8:30 am AEDT. The US indexes shook off their bad reputation from the week prior and all ended in the green. The S&P...

Good morning and welcome to the end of the trading week. Unfortunately, ASX futures were down pre-trade 0.65 per cent following another red night in the US. The S&P 500 ended down 0.85 per cent; the NASDAQ down 0.96 per cent, the Do...

As sure as Mt Kilimanjaro rises like Olympus above the Serengeti, so is Africa’s burgeoning resources scene, with ASX-listed companies adding to the nation’s energy mixes in an era of booming electricity needs for the fastest-growing popula...

The ASX200 has thrived today gaining about a percent, with all sectors recording positive growth. Utilities gained the most, more than four per cent – driven by ACCC giving the sale of Origin Energy to Canadian and US companies the green...

Invictus Energy (ASX:IVZ) updates shareholders regarding the ongoing drilling of the Mukuyu-2 well, which is being used to explore hydrocarbon potential in the region The latest findings reveal that the drilling of the 12.4-inch intermed...

ASX futures were up 0.42 per cent at 8.30 am AEDT. Major American indexes all finished in the green last night. The S&P 500 closed at 0.63 per cent; the Dow Jones up 0.59 per cent and the NASDAQ up 0.39 per cent. Brent Crude oil...

Australian market futures are suggesting the ASX will trade in the red today, with reads down 1.4 per cent at 7:00 am AEST. US bond yields continued to rise overnight, the Dow Jones slid (but the NASDAQ and S&P 500 ended up) and all...

Namibian oil explorer Pancontinental Enegy could be on the verge of big things, says broker Namibian uranium stock Bannerman also got big price target  Pancontinental could double on Namibian offshore drill Broker Euroz Hartleys has init...

Welcome to Market Close From The Floor at the Critical Minerals and Energy Investment Conference in Perth. It’s the final day of a busy week of commodity events here, where investors have had the opportunity to meet with the leaders of c...

Benchmark slides throughout the day after a shocker on Wall Street last night. Utilities did best but still ended up losing, down 0.3% for the day. Paincheck a ray of sunshine this afternoon, up 33% today despite an early speeding ticket....

Invictus Energy (IVZ) raises $15 million through a two-tranche placement to new and existing investors The company will issue around 100 million new shares at an issue price of 15 cents per share The funds will go toward drilling the...

Stockhead’s Top 10 at shortly-before-11-ish, published after I’ve had a chance to look over the numbers from the handful of short, fleeting minutes that the market’s been open, while quietly having a life-altering blast of existential panic...

The ASX200 has slipped a little so far today, dragged by sectors including healthcare and real estate – energy is strongest today up more than 1.5 per cent. ABS Housing data came out this morning showing that lending for owner-occupier p...

Invictus Energy (IVZ) has brought its Exalo rig on-site to its Cabora Bassa project and rig testing is now underway Rig testing precedes full operational drilling and drilling contracting crews are soon to arrive on-site The company...

Futures point to the ASX opening fairly flat this morning on another busy day of reporting. Today, the Bank of Queensland, IGO, Sandfire Resources and Harvey Norman will all release their results. Here are some stocks to watch for you...

Today our 2020 Energy Pick of the Year, Invictus Energy Ltd (ASX:IVZ), signed a non-binding, Farm-in Option Agreement with Cluff Energy Africa in anticipation of its maiden 2-well drilling program targeting an 'elephant scale' prospect in Z...

The ASX200 closed the week down nearly a quarter of a per cent. Consumer discretionary and healthcare stocks topped the gains today while energy fell more than 2 per cent. Retail conglomerate Wesfarmers (WES) is up almost 0.6 per cent....

As expected, the ASX has dropped back early in the session as Wall Street wobbles off the back of the US Consumer Price Index, which has left confusion about likely interest rate moves. Consumer discretionary and financials have been str...

Invictus Energy (IVZ) is mobilising an Exalo 202 rig to to its Mukuyu-2 well-site at the Cabora Bassa Project in Zimbabwe The highly popular company’s first well was much awaited by the market but ultimately came up dry – though the pres...

Futures suggest the ASX is set to open flat this morning, following news that US CPI data had risen for the first time in 13 months to 3.2 per cent. US stocks ended in the green on Wall Street, and on home soil, here are some ASX-listed...

Invictus Energy (IVZ) selects a location for the Mukuyu-2 appraisal well at its flagship oil and gas acreage in Zimbabwe The well is tipped to be spud in the third quarter of this year with well construction underway The well seeks to...

Highlights The Mukuyu-2 well would be situated around 6.8km north-east of Mukuyu-1. The appraisal well is planned to be drilled to a depth of ~3,700m to access the untested Lower Angwa reservoirs. The campaign is expected to deliver d...

Futures predict Australian shares will open modestly higher today after strong trade yesterday to finish in the green. Overnight’s US June CPI results revealed that US inflation has slowed, with consumer prices seeing their smallest annu...

Highlights Multiple international service companies have been enlisted by Invictus Energy for Mukuyu-2 well Mukuyu-2 well is on track to spud in the third quarter of CY23, Invictus states Exalo Rig 202 maintenance has been completed b...

Aussie shares are expected to open lower this week amid uncertainty surrounding global markets and further rate rises. Despite that, here are some ASX-listed companies with news out today: Invictus Energy (IVZ) has awarded well servic...

Miners strengthened the Australian sharemarket at midday trade, led by Forescue Metals Group (FCT) and BHP (BHP). The ASX tracked higher, bolstered by cooler-than-expected inflation figures in the US. Turning to some of the movers on...

Invictus Energy (IVZ) commences a 2D seismic survey at its Cabora Bassa project in Zimbabwe The CB23 seismic campaign marks the start of its phase two exploration program in the Cabora Bassa Basin The survey aims to cover 400-line kil...

Highlights The CB23 seismic survey is part of Phase 2 exploration in the Cabora Bassa Basin. The survey, likely to complete in July, is aimed at maturing several already identified leads to drillable prospects. The seven already ident...

Highlights Invictus Energy Limited (ASX:IVZ) has announced an institutional placement for a capital raise of AU$12.75 million. The proceeds from the placement would be used for the Phase 2 exploration and appraisal campaign in Zimbabwe...

S&P/ASX 200 closes up 0.5%, Emerging Companies index up 1.50% Fair Work Commission delivers bigger than expected 5.75% lift in award wage Cyclone Metals defines a series of gold anomalies at its Macraes South project   Aussie markets...

Highlights Invictus Energy has received strong support for its recently announced SPP. The company has exceeded its initial target of raising up to AU$5 million. Invictus will now accept oversubscriptions to raise a total of up to AU$...

Invictus Energy (IVZ) gains approval to renew its Environmental Impact Assessment (EIA) for its Cabora Bassa project in Zimbabwe until May 2025 The Zimbabwe Environmental Management Agency (EMA) extended the renewal for Special Grant 457...

Highlights Invictus Energy has awarded seismic contract to Polaris for Cabora Bassa Phase 2 exploration program. The survey results will be employed to mature leads on trend with Mukuyu and in Basin Margin play into drill ready prospec...

Australian company Invictus Energy says it has found deposits of oil and gas in commercial concentrations in northern Zimbabwe.

Highlights Invictus Energy has shared results from the mudgas compositional analysis done for samples collected during the Mukuyu-1 / ST-1 well drilling campaign. The results show the presence of hydrocarbons in numerous reservoir pay...

Highlights Invictus Energy has launched a Share Purchase Plan for a capital raise of up to AU$10 million at AU$0.12 per share. The proceeds will be directed towards Mukuyu-2 appraisal and Cabora Bassa Phase 2 exploration. Attaching op...

Crude oil prices remain elevated – thanks in no small part to OPEC+ deciding that they really want oil prices above the US$80 per barrel mark and slicing their daily output by 1.16 million barrels in order to make this dream come true. The...

Stockhead’s Top 10 at 10, published at ~10.30am each trading day, highlights the best (and worst) performing ASX stocks in morning trade using live data. It’s a short, sharp update to help frame the trading day by showing the biggest movers...

The ASX jumped 0.3% after lunch as the RBA finally kept rates on hold. XGD All Ordinaries Gold soared ~3.0% because someone missed a memo. Besra Gold is back on top with a 36% leap after Quantum’s cheque cleared customs.   Local markets w...

Uranium miner ERA has finally put a $369 million rights issue to shareholders including Rio Tinto to rehabilitate the Ranger Project area after months of standoff.

Highlights Invictus Energy (ASX:IVZ) has released its financial report for the half-year ended 31 December 2022. The company has been forging ahead in developing its Cabora Bassa Project in Zimbabwe that encompasses the Mukuyu prospect...

Invictus Energy (IVZ) starts preparing for the Mukuyu-2 appraisal well in the Cabora Bassa Basin of Zimbabwe for drilling later this year Well services and long-lead process tendering have begun, with the company aiming to spud the well...

The S&P ASX 200 rose 7.64%, in its best start to a year ever as global markets rally In a strong start to 2023 the S&P/ASX Emerging Companies index (XEC) rose ~8% in January Graphite explorer Lincoln Minerals soars more than 500% s...

Invictus Energy (IVZ) appoints John Bentley as Non-Executive Chairman The role comes with a base fee of £50,000 (A$87,300) per annum, along with three million options exercisable at 23 cents each, on or before July 2024 The company sa...

Highlights Invictus Energy (ASX:IVZ) has welcomed John Bentley to its Board as Non-Executive Chairman of the company. He holds an outstanding track record of success in the E&P sector across Africa, says IVZ. According to IVZ, his...

Highlights IVZ shares gained over 6% in the early hours of 23 January post a company update Invictus Energy (ASX:IVZ) has successfully concluded the Mukuyu-1 and ST1 drill campaign Total 13 potential hydrocarbon bearing zones have bee...

The leading investors from Wilson Asset Management (WAM) have shared two compelling S&P/ASX 300 Index (ASX: XKO) shares on their radar. WAM operates several listed investment companies (LICs). Some, like WAM Leaders Ltd (ASX: WLE)...

It’s easy to get stuck in our old ways, looking at the same handful of ASX shares. What we don’t often realise is that we could be ignoring high-quality companies by only paying attention to those that make the most noise. In fact, invest...