PCL 6.25% 1.5¢ pancontinental energy nl

Perfect storm, page-170

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    Hi Huaneng,
    Thankyou so much of taking the time to provide these insights and links smile.png. I have some further reading to do, as I am considering adding to my PCL holding on this SP pull back while the negotiations progress (hopefully to a conclusion to PCL's shareholder advantage); as MidDigitalHair correctly pointed out, the final farm-in agreement needs to be ratified by all PEL87 JV Participants and this takes considerable time. Below is the same thermal maturity map I posted yesterday with Venus and Graff added this time.

    https://hotcopper.com.au/data/attachments/4412/4412886-bfa3b3ce244fe5ea44b3a6b2115829f6.jpg
    Text from the publication that discusses the above figure.
    3D petroleum system modeling of the Aptian to Barremian source rock interval from the transgressive black shales of the Kudu Fm. and the lacustrine Barremian source rocks in the western and northern portions of the orange basin in southern Namibia based on the results of the Mosehead-1 well (taken from Mello, 2014 and 2015). Note the 3D modeling data suggests a light oil to condensate/dry gas source rock pod system in the entire area surrounding the block of the Graff-1 discovery (adapted from Mello et. al., 2012 and 2015

    Kind regards OldGeo
 
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