Analysis of mud gas from Invictus Energy’s exploration drilling at its Mukuyu1 well has confirmed the presence of gas-condensate, with a bonus confirmation of commercial reserves of helium – a gas in demand for tech.
The commercial reserves of helium, discovered in the final results of the mud gas survey, are expected to bring further returns to the project. In addition to its significant presence in tech, helium is increasingly being sought for large scale applications in fields such as cryogenics, medical imaging, and other areas of industrial engineering.
Invictus Energy CEO Scott Macmillan spoke of Invictus’ excitement at the results of the project and the opportunity to bring these hydrocarbons to market.
The analysis of mud gas from the Mukuyu1 well reaffirms the project’s commercial potential and brings further confidence to investors.