The above is one of the reasons that attracted me to IVZ long ago
Karoo (Permian & Triassic) petroleum system - appears to be resource rich / highly prospective
The main target here is the upper Angwa which is projected to be from the low Triassic period. Historically, source rocks belonging to the low Triassic period have led to significant heavy oil and gas discoveries in Madagascar and Ethiopia.
The company was successful in recovering oil at the surface from the Permian samples collected in July 2019. This was part of the company's field sampling program.
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