Below are some "wild" guesstimates of un-risked and risked and prospective resources (recoverable) for the blobs on the AVO maps provided in PCL's Quarterly released Jan. 31, 2025, for play types named Albian turbidite lobes (#*), sediment waves (8) and the northern Albian channel belt (#1). I have taken the liberty to name the various blobs away from ORYX and HYRAX. Please note, there are other play types (see green box below) that have yet to be discussed and remain prospective. And we can debate the various input parameters I used to generate the volumes.
The un-risked prospective resource volumes (1.4 - 0.23 billions of barrels) take a big hit when you apply a geological chance of success. Remember, PCL is a very high-risk investment, so please do your own research and if you think the risk is indeed too high for you, sell-out now. I am not up-ramping or down-ramping, just sharing some research. Please share any obvious errors in my logic.
Please note, that according to the quarterly, ORYX, exhibits AVO anomalies at three (3) levels and structural closure (#7 play type) at one (1) level. OldGeo
PCL Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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