EXPLORATION

Invictus Energy jumps 37% on declaration of Mukuyu gas discovery

The share price of Invictus Energy (ASX: IVZ) has rocketed up 37% in early morning trade after the company declared an official gas discovery at the Mukuyu field in its 80%- owned and operated Cabora Bassa project in Zimbabwe. Its share price gapped up as high as $0.250 from a close at $0.160 yesterday, before falling to around $0.205 later in the day.