Australia's Invictus Energy up on awarding contract for Zimbabwe project

Invictus Energy

26/06/2023 05:16

** Shares of Invictus Energy  IVZ.AX  rise as much as 6.8%
to A$0.1175, their highest level since June 9
    ** Co awards contract to oilfield services providers SLB,
Baker Hughes, NOV and Geolog
    ** Says contracts for providing well services for drilling
at Mukuyu-2 well at Cabora Bassa project in Zimbabwe
    ** Says Mukuyu-2 well is on track to begin drilling in Q3
CY23
    ** About 7.9 mln shares change hand compared to 30-day
average trading volume of 4 mln shares
    ** Shares of co are down 62.1% YTD as of last close 
   

 (Reporting by John Biju in Bengaluru)
 ((John.Biju@thomsonreuters.com;))