Invictus Energy Limited provided an update on the Mukuyu-1 well, currently being drilled in its 80% owned SG 4571 licence in Zimbabwe's Cabora Bassa Basin. Since the last update, the Mukuyu-1 well was successfully plugged back to the 9" casing shoe (at approximately 2,020mMD) and drilling to kickoff the Mukuyu-1 ST1 (sidetrack) well initiated. Drilling progress has been delayed due to a failure of a mud motor and loss of drilling nozzles necessitating two unplanned change outs.

This was followed by the failure of a control module of the Top Drive System (TDS), which has since been repaired. The drilling of the Mukuyu-1 ST1 has recommenced and the mud system is being displaced to the planned lighter weight drilling mud in preparation for drilling ahead and anticipated to be completed in approximately 10 days.