As announced on 18 April 2018, Interpose Holdings Limited (Interpose) has entered into a binding agreement to purchase Invictus Energy Resources Pty Ltd and intern its Zimbabwean subsidiary Geo Associates (Pvt) Ltd (Geo Associates). Â Geo Associates holds an 80% stake in SG4571 which covers some 1,000 sq km within the Rufunsa Basin. Upon completion of the deal, Interpose will hold and 80% interest in the licence, an unknown local partner will hold the remainder. Â   Mobil acquired gravity/magnetic and 2D seismic data within the area in the early 1990âs. it also identified and mapped a large anticline. The Mzarabani anticline has an area of over 200 sq km under closure at favorable depths to host a conventional gas target.  Interpose has a work plan that includes the re-processing of legacy seismic data acquired by Mobil.
Zimbabwe, not found