PCL pancontinental energy nl

General Thoughts, page-8216

  1. 4,344 Posts.
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    Agree, Chevron and Exxon would be the front-runners imo. In regard to the former, it appears that PEL 90 has been put on ice after Kapana-1X found hydrocarbons, but not at a commercial level. This following completion of a 6,500 km² 3D seismic survey at an estimated cost of US$40m and clearance to drill up to 10 wells, yet have pressed the pause button after one drill. Perhaps to focus on another licence? As Sh1n3 notes however, WDS and Exxon do have a reasonable partnership history. We'll soon find out, but I've got these two in my quinella.
 
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1.2¢
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