PCL 6.67% 1.4¢ pancontinental energy nl

takeover speculation - pcl & far - article, page-32

  1. 17 Posts.
    Very interesting post Dexter, What I'm still coming to grips with is how would they have known that the well was non commercial when they had yet to achieve drill depth? The posted that they had found a 52m gas column while on the way to target depth, which from your previous post, they had expected to find in the first flat spot. Now we have the Kenyans up in arms as they want to be the bearer of news and claims of infringements of Kenyan Law. Then 24 hours later they announce they had recategorised the well as non commercial; there is no way they could have reached their target depth in that short space of time even if they were drilling through ice cream
 
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