Its difficult as we don't have any real examples to use in comparison. I've been conservative as I've used past examples I know of but they don't quite line up with the fact that shell farmed in by paying 100 million for 45%
That is what they paid before the area proved to have an active kitchen.
So the questions are:
What is the difference in target sizes between the original graf before drilling and PCL's field- if twice as big should it be more?
Would you say it should be more costly now due to nearology and proven find - how much more?
How much for the full 75%
PCL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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