PCL 0.00% 1.4¢ pancontinental energy nl

trading halt, page-70

  1. 1,154 Posts.
    black monday It would have been good to receive some news as to why. The Kenya 2D costs was small potatoes to Woodside and I am not surprised that there was no announcement.

    Two possibilities - low potential and focusing on Mauritania. Given the $2billion cost of developing Tiof they may need their funds. Woodside still have the deep water area in JV with others as far as I am aware. Any news on this ? It may provide some indication as to the regional potential.

    I am out of PCL, sticking to HDR and ROC from now on.

    G
 
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