PCL 5.88% 1.6¢ pancontinental energy nl

Majors looking for ground, page-28

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    Thanks C.. I understand that the 3d isnt located where we need it to be. But is it enough to meet our work obligations within this stage of the contract? Ideally we would like a farm-in partner before moving on, but it may not be needed. Yes, the JV partners would need to raise more funds and commit to the next stage (drilling). Its not the ideal senario but from my perspective its better than losing the contract.
 
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