IVZ 1.56% 6.5¢ invictus energy ltd

IVZ Coverage - MergerMarkets, page-5

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    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.
 
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