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Who is Scott Macmillan, Managing Director and Founder of Invictus Energy? — ASX:IVZ| ASX Mining News & Discussion
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Lykeshares
2y
Official
$IVZ
Who is Scott Macmillan, Managing Director and Founder of Invictus Energy?
Meet Scott Macmillan: The Leader Behind Invictus Energy's Exploration Success
Pioneering Frontier Rift Basin Exploration
Scott Macmillan, the Managing Director and founder of Invictus Energy Resources, is at the forefront of the company's ambitious mission to unlock the untapped potential of one of the last untested large frontier rift basins in onshore Africa - the Cabora Bassa Basin in northern Zimbabwe.
Proven Expertise in Reservoir Engineering and Exploration
Mr. Macmillan is no stranger to the oil and gas industry, boasting over 15 years of experience in various facets of the field. His extensive skill set includes reservoir engineering, exploration, field development planning, reserves and resources assessment, reservoir simulation, commercial valuations, and business development. He is a distinguished member of the Society of Petroleum Engineers (SPE).
A Track Record of Success
Under Mr. Macmillan's leadership, Invictus Energy achieved a significant milestone with its first high-impact well, Mukuyu-1. This well not only proved the existence of a working
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hydrocarbon system in the Cabora Bassa Basin but also set the stage for a follow-up appraisal and exploration campaign that aims to fully tap into the basin's immense potential.
A Global Perspective
Scott Macmillan's career has spanned the globe, with key roles in Australia, South East Asia, and Africa. He served as a Senior Reservoir Engineer at Woodside Energy, where he contributed to large offshore Oil & Gas field developments. His expertise also extended to the Global New Ventures team, focusing on Africa exploration. Additionally, Mr. Macmillan played a pivotal role as a Senior Reservoir Engineer for AWE, contributing to the success of the Waitsia Gas Field, Australia's largest onshore gas discovery in the last four decades.
Compensation and Ownership
Mr. Macmillan's commitment to Invictus Energy is evident in his significant ownership stake, holding 5.7% of the company. While his total compensation as the CEO of Invictus Energy Limited is reported at AU$672.4k, with a salary percentage of 52.1%, it's essential to note that his remuneration has increased over time, despite the company's unprofitable status. For instance, his total compensation stood at AU$660k in June 2022, showing his dedication to the company's vision and potential.
Scott Macmillan's unique blend of technical expertise, international experience, and unwavering commitment positions him as a pivotal figure in the pursuit of energy resources in Zimbabwe and beyond. His leadership continues to drive Invictus Energy's exploration efforts and the realization of the Cabora Bassa Basin's remarkable potential.
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Lykeshares
133d
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Berkshire is hoarding so. much. cash.
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Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.
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rush, it’s a complex, slow-moving process that takes years of precision and experience.
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164d
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Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends
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