It is a key step for Invictus Energy as it looks to advance its efforts to commercialise hydrocarbon resources in the Cabora Bassa basin.

Australia’s Invictus Energy signed a petroleum production sharing agreement (PPSA) with Zimbabwe on Wednesday, ​a key step as it looks ‌to advance its Cabora Bassa gas project, company executives said. At the signing ceremony in Harare, Invictus CEO ​Scott Macmillan said the PPSA would ​be a hybrid model which meant the ⁠state could choose between… Source