PCL 5.56% 1.7¢ pancontinental energy nl

Ann: Shell Oil Discovery Offshore Namibia On-Trend to PCL PEL 87, page-53

  1. 5,718 Posts.
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    No money but enough to keep the lights on. The expectation would be for a new JV partner to pay a hefty sum or combination hefty sum and free carry.

    We wait (most impatiently) for that event to happen sometime after the results of the Total well comes in. The hefty sum is hopefully big enough for contingent drilling to prove up any oil find should we be so lucky.
 
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