PCL pancontinental energy nl

General Thoughts, page-4226

  1. 1,739 Posts.
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    The only thing I can correct you on is that Saturn doesnt have 40 billion barrels of recoverable oil. At the moment it has nothing. If and when it does have 40 billion barrels of recoverable oil then I fully agree it will be much more than an interesting exploration play. Dont get me wrong. I am heavily invested and like the project. I just know how the big companies work. At senior management level the personnel's focus is heavily skewed to income producing assets. Exploration is very much at the back end. If and when good results are obtained then these projects then make their way up the asset portfolio. Anyway July/August seems to be the timetable. Lets wait and see.
 
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