“Their conclusion was that there was an almost 100 percent potential of gas, which then makes having oil a possibility. They then proposed to have a joint venture with Government to begin work that included drilling and setting up a 4km-deep borehole. But at that time, Government said it was not a priority and turned down the joint venture.”
He added: “In recent years, an oil leak was discovered in Lupane, meaning there is high chance that there is oil in the Cabora Basin, which covers the north part of the country and the area between the escarpment and the Zambezi River. Remember we also share this basin with Mozambique, which has also discovered oil.”
- Forums
- ASX - By Stock
- IVZ
- 100% theres gas and seeps recorded
100% theres gas and seeps recorded, page-2
-
- There are more pages in this discussion • 77 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
7.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $107.6M |
Open | High | Low | Value | Volume |
7.1¢ | 7.1¢ | 7.0¢ | $41.92K | 598.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 81481 | 7.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.1¢ | 1046387 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 25907 | 0.070 |
2 | 102247 | 0.069 |
2 | 141111 | 0.068 |
1 | 25000 | 0.067 |
3 | 388118 | 0.066 |
Price($) | Vol. | No. |
---|---|---|
0.071 | 1046387 | 10 |
0.072 | 1172000 | 9 |
0.073 | 8572 | 1 |
0.074 | 42618 | 1 |
0.075 | 306364 | 5 |
Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |