Exalo Drilling has signed a Memorandum of Understanding with Invictus Energy Ltd from Australia to drill the Muzarabani-1 exploration well with an option for an additional exploration well at the Cabora Bassa project in Zimbabwe. The planned start date is May 2022.
The wells will be drilled with the IRI 1200 Rig#202 rig, which is currently engaged in drilling and workover operations in Tanzania on Songo Songo Island.
More about the project: https://bit.ly/3dEC6GK
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