Australia-based junior Invictus Energy is close to sealing a binding deal with a Polish rig company Exalo Drilling that will underpin plans to spud a trailblazing wildcat in northern Zimbabwe by the end of May.

Invictus is also progressing tender processes for long-lead drilling services and hardware for the upcoming Muzarabani-1 probe in the Cabora Bassa basin — and a second well — targeting prospective resources of 8.2 trillion cubic feet of gas and 247 million barrels of condensate.