President Mnangagwa yesterday officially announced the discovery of oil and gas in the greater Muzarabani area by Australian Stock Exchange-listed company Invictus Energy stretching over 200km. The size of the land makes the discovery the largest undrilled gas deposits in Africa so far. The announcement comes as exciting news for Zimbabweans who are experiencing fuel shortages. Addressing journalists at his Munhumutapa Offices in Harare yesterday, the President said if all goes according to plan, Zimbabwe would have its first oil exploration well by 2020. “The Government of Zimbabwe has over the last few months worked with and facilitated Invictus Energy Limited which is quoted on the Australian Stock Exchange to undertake oil and gas exploration studies in Muzarabani,” said President Mnangagwa. “Invictus is utilising data which was generated by Mobil Oil in the 1990s when extensive oil and gas geo-physical work was undertaken in the greater Muzarabani area. As […]