Per the above (and a number of company announcements): Cabora Bassa contains 3.9tcf and 181mmbbl of gross mean unrisked potential resource, according to an independent report by Netherland, Sewell and Associates, Inc. (NSAI)
Yes there is oil and gas - the feasibility of extracting it at a commercial cost and in commercial quantities is another matter.
IVZ Coverage - MergerMarkets, page-5
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