PCL 0.00% 2.1¢ pancontinental energy nl

Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-113

  1. 3,818 Posts.
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    And now that we're a leading story on Upstream, many eyes will definitely now be on us...

    Another major makes move to enter Namibia’s red-hot exploration play

    "Woodside Energy could end up drilling an exploration probe on the multi-billion barrel Saturn feature.

    Australia’s Woodside Energy could be the next big oil and gas player to set foot in Namibia’s Orange basin, the hottest offshore exploration play in the world at the moment, with its eyes on a potential multi-billion barrel resource.

    The acreage, which is operated by Australian junior Pancontinental Oil & Gas, hosts a huge lead — partly covered by 2D seismic data — called Saturn, which could hold billions of barrels of oil."

    I do like all this talk of a multi-billion barrel resource. smile.png


 
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