Invictus appoints new chairman
Invictus Energy Limited has announced the appointment of John Bentley as Non-Executive Chairman of the Company, effective February 1, 2023.
Invictus Energy is an independent upstream oil and gas company listed on the Australian Securities Exchange and the OTC Markets.
Its asset portfolio consists of a highly prospective licence, Special Grant 4571, in the Cabora Bassa Basin in Zimbabwe, one of the largest under-explored interior rift basins in Africa.
Bentley has more than 40 years of experience in international natural resource development, with a specific focus on Africa’s upstream oil and gas industry since 1993, when he was appointed CEO of exploration and production at South African oil company Engen Ltd.
In 1996 he was instrumental in the formation of Energy Africa Ltd and its listing on the Johannesburg and Luxembourg stock exchanges.
Bentely led Energy Africa’s growth, with a fourfold increase in production, operations in 12 African countries, and several important hydrocarbon resource discoveries.
This laid the foundation for Tullow Oil to launch a successful US$500 million takeover of Energy Africa in 2004.
Commenting on the appointment, Invictus managing director Scott Macmillan said, “We are delighted to welcome John to the Board of Invictus and his outstanding track record of success in the E&P sector across Africa will be pivotal during the next exciting phase of Invictus’ development as a company.”
Bentely has held executive and board roles in numerous E&P companies with the majority Africa focused, including Vanco Energy Company, FirstAfrica Oil plc, Rift Oil plc, Caracal Energy Inc, Faroe Petroleum plc, Wentworth Resources Ltd and most recently Africa Energy Corp, which made the significant Brulpadda and Luiperd play opening discoveries offshore South Africa.
He holds a degree in Metallurgy from Brunel University.
Commenting on his appointment Bentley said: “I am pleased to join Invictus Energy at an extremely exciting time for the Company, following its successful maiden exploration campaign in Zimbabwe’s Cabora Bassa basin, which confirmed a working hydrocarbon system.”
“I look forward to building on this success as the Company prepares for further appraisal at Mukuyu, while it holds a portfolio of exciting exploration prospects and leads, which have been significantly de-risked through the recent drilling campaign.”-ebusinessweeklu
