Second director appointment this week

Our 2020 Energy Pick of the Year Invictus Energy (ASX: IVZ) just added another director to its board for the second time this week.

IVZ has brought in Robin Sutherland as a Non-Executive Director who brings with him >35 years of oil and gas exploration/production experience in Africa.

Robin was a part of the Energy Africa team as a specialist geophysicist in 1997, playing a role in several important hydrocarbon resource discoveries across several African countries.

In 2004, after Tullow acquired Energy Africa, Robin led the Tullow exploration team through multiple discoveries, including the ones made in the Lokichar Basin in Kenya.

For those who haven't seen our previous IVZ coverage, the Lokichar Basin in Kenya is where our first ever oil and gas exploration Investment, Africa Oil, made its basin-opening discovery.

We have written about the analogies between IVZ's project and the Lokichar basin before - to see a deep dive we did on the two, check out the following IVZ note: IVZ to drill any day now - What a past successful exploration campaign looks like

Robin's appointment follows the appointment of John Bentley earlier this week, who was also a part of the formation of Energy Africa and its eventual sale to Tullow Oil in 2004.

The two new board members bring to IVZ experience across Africa and, more importantly, a heap of experience in making and developing play-opening discoveries.

With a strengthened board, we hope IVZ can apply all of its in-house experience and lead the company to an official discovery with its next well.

IVZ has just proved a working hydrocarbon system at its project and is now looking ahead to a second drill program this year.

To see our take on what's next for IVZ, check out our last note here: What's next for IVZ?