Looking good, very thorough update. Essentially new techniques illustrate that good oil potential is there in additional the gas we were already aware of. Outdated McKenzie model used by Mobil 25 years ago reduced the oil probability, hence they moved on (amount other political/sovereign reasons).
Very interested in the interpretations of others on this announcement. I've only had a quick chat with a mate in the industry, oil and gas geology is far from my strength haha.
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- Ann: Modelling Confirms Oil Potential of Cabora Bassa Basin
Looking good, very thorough update. Essentially new techniques...
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