Invictus Energy Ltd (ASX:IVZ)

[HAWKDOG]

https://www.invictusenergy.com/investors/#announcements

About Invictus Energy Ltd (ASX:IVZ) MEDIA Josh Nyman SPOKE. P.     +61 413 243 440 E.    josh@hellospoke.com.au

Invictus Energy Ltd is an independent upstream oil and gas company listed on the Australian Securities Exchange (ASX: IVZ). The Company is headquartered in Perth, Australia and has offices in Harare, Zimbabwe. Invictus has made a significant gas discovery at the Mukuyu field in the Cabora Bassa Basin in northern Zimbabwe - one of the last untested large frontier rift basins in onshore Africa – through a high impact exploration programme which it continues to develop and mature. Invictus Energy is committed to operating in a safe, ethical and responsible manner, respecting the environment, our staff, contractors and the communities in which we work.

NEWS OUT TODAY. 

HIGHLIGHTS
• Binding MOU & Share Subscription Agreement signed for Al Mansour Holdings (AMH) to acquire a strategic 19.9% equity stake in Invictus at a premium to current market price
 • AMH to provide up to US$500m in conditional future finance to advance Cabora Bassa Project to commercial production
• AMH led by His Highness Sheikh Mansour bin Jabor bin Jassim Al Thani of Qatar
• New Africa-focused upstream company Al Mansour Oil & Gas (AMOG) established as a joint venture (JV) between Invictus and AMH
• AMOG focused on acquiring producing and near-term development oil and gas assets as well as strategic corporate M&A across key African countries
• Invictus to lead technical, commercial and operational management of the JV portfolio • AMH to fund acquisitions and development through its Qatar-based investors
• Shareholder briefing to be held to provide update


Disclosure - have held this stock for awhile - bought before they drilled their first well - sold half - been bag holding the other half ever since.

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recommend watching/listening to the presentation - link in the news release.  Watched it again today. A lot of excitement.

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Cabora Bassa officially granted National Project Status
& PPSA terms agreed

Invictus Energy Ltd is an independent oil and gas exploration company
focused on high impact energy resources in sub-Saharan Africa. Our asset
portfolio consists of a highly prospective 360,000 hectares within the
Cabora Bassa Basin in Zimbabwe. SG 4571 and EPOs 1848/49 contain the
newly discovered Mukuyu gas field and multiple Basin Margin prospects.



2 SEPTEMBER 2025
HIGHLIGHTS
• National Project Status (NPS) granted to Invictus Energy's Cabora Bassa Project in
Zimbabwe
• Petroleum Production Sharing Agreement (PPSA) terms agreed and final agreement being
prepared for execution
• Recognition of the strategic national and regional importance of the Mukuyu gascondensate discovery and Cabora Bassa Project
• Follows last week's confirmed partnership with Qatari-based Al Mansour Holdings led by
His Highness Sheikh Mansour bin Jabor bin Jassim Al Thani of Qatar
• Strengthens Invictus' position to advance towards commercial gas production and longterm value creation for Zimbabwe and shareholders
• NPS provides significant fiscal and non-fiscal benefits and incentives to assist
advancing Cabora Bassa towards commercialisation

Invictus Energy Ltd (ASX:IVZ) ("Invictus" or "the Company") has had its flagship Cabora Bassa Project
officially granted National Project Status (NPS) by the Zimbabwe Finance Minister Hon. Prof Mthuli
Ncube and following a series of constructive meetings, the parties have finalised terms of the Petroleum
Production Sharing Agreement (PPSA), which is now being prepared for execution.

National Project Status is reserved for projects deemed of strategic importance to the country and
considered critical to Zimbabwe's economic growth and development. NPS status provides a range of
fiscal and non-fiscal incentives, including duty exemptions, fast-tracked permitting and streamlined
access to key infrastructure and services as the project moves towards the development phase.

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Still holding this one.  Currently up 10%.

PPSA has been reportedly finalized.
Waiting on more news re Qatar deal.