PCL 0.00% 2.1¢ pancontinental energy nl

Ann: Quarterly Activities Report, page-3

  1. 1,580 Posts.
    lightbulb Created with Sketch. 3813
    And I like this bit from today's quarterly.

    The 3D seismic survey was originally intended to cover an area of at least 5,000 km2, at an estimated cost of US$35 million, however the area has subsequently been increased by Woodside to approximately 6,872 km2, with no modification to the commercial terms of the Deed.

    I wonder what drove Woodside's decision to increase the 3D survey area by over 35%??

    https://hotcopper.com.au/data/attachments/5231/5231031-bf84184dbb13464810eead401c278cc3.jpg

    Kind regards OldGeo
 
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