Invictus Energy : Investor Briefing Webinar

Invictus Energy Ltd

ASX: IVZ

Invictus Energy Investor Briefing Webinar

DATE: 17 DECEMBER 2020

HIGHLIGHTS

Invictus Energy Ltd ("Invictus" or the "Company") (ASX:IVZ) is pleased to invite investors and shareholders to the Invictus Energy Ltd Webinar to be held on Tuesday 22 December 2020 at 12:00 pm AEDT / 09:00 am WST

Invictus Managing Director, Scott Macmillan, and Non-Executive Chairman, Dr. Stuart Lake, will present the updated Investor Presentation, with a question and answer session to follow.

Details of the event are as follows:

Event: Invictus Energy Shareholder Briefing

Presenters: Managing Director Scott Macmillan & Non-Executive Chairman Dr. Stuart Lake

Time: Tuesday 22 December 2020, 12:00 pm AEDT / 09:00am WST

Where: Zoom Webinar, details to be provided upon registration.

To register your interest for the webinar please click through to the link below.

https://us02web.zoom.us/webinar/register/WN_LpeEKz4CTw2sJLQmI0_RcQ

After registering, you will receive a confirmation email containing information about joining the webinar. Participants will be able to submit questions via the Panel throughout the presentation, however, we encourage shareholders to send through questions via email beforehand to [e-mail]

Authorised for release by the Board

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About Invictus Energy

Invictus Energy Ltd is an independent oil and gas exploration company focused on high impact energy resources in sub-Saharan Africa. Our asset portfolio consists of a highly prospective 250,000 acres within the Cabora Bassa Basin in Zimbabwe. Special Grant 4571 contains the world class multi- TCF Mzarabani and Msasa conventional gas-condensate prospects.

Board & Management

Dr Stuart Lake

NON-EXECUTIVE CHAIRMAN

Scott Macmillan

MANAGING DIRECTOR

Brent Barber

COUNTRY MANAGER

Barnaby Egerton-Warburton

NON-EXECUTIVE DIRECTOR

Gabriel Chiappini

NON-EXECUTIVE DIRECTOR &

COMPANY SECRETARY

Invictus Energy Limited	24 Outram Street, West Perth, WA 6005 Australia	www.invictusenergy.com
ABN 21 150 956 773	T: [phone] E: [e-mail]

For further information on Invictus Energy, please visit the Company's website at www.invictusenergy.com

About the Cabora Bassa Project

The Cabora Bassa Project encompasses the Mzarabani Prospect, a multi-TCF and liquids rich conventional gas- condensate target, which is potentially the largest, undrilled seismically defined structure onshore Africa. The prospect is defined by a robust dataset acquired by Mobil in the early 1990s that includes seismic, gravity, aeromagnetic and geochemical data.

#Cautionary Statement: The estimated quantities of petroleum that may be potentially recovered by the application of a future development project relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration, appraisal and evaluation are required to determine the existence of a significant quantity of potentially movable hydrocarbons. Prospective Resource assessments in this release were estimated using probabilistic methods in accordance with SPE-PRMS standards.

The Company is not aware of any new information and that all material assumptions and technical parameters underpinning prospective resource estimate continue to apply and have not materially changed

*Giant fields are conventional oil or gas fields with a recoverable reserve of 500 MMboe or more as defined by the American Association of Petroleum Geologists (AAPG)

*Elephant fields are conventional oil or gas fields with a recoverable reserve of 1 Billion boe (1,000 MMboe) or more as defined by the American Association of Petroleum Geologists (AAPG)

SG 4571 - Special Grant Permit 4571 was granted in August 2017, the first exploration work programme has been completed. Invictus has an 80% equity stake in SG4571 via its subsidiary Geo Associates (Private) Limited

For further information, please contact:

Scott Macmillan

Managing Director

P + 61 (08) 6102 5055 [e-mail]

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www.invictusenergy.com