PCL 5.88% 1.6¢ pancontinental energy nl

Ann: PEL 87 Project Update, page-6

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    It's clear that mgt wish to draw a comparison with Moosehead-1X and differentiate those results with what is being seen at Saturn. If the geos here can add any comments, that would be appreciated.

    "At the Moosehead-1X location, analysis of Kudu Shale samples indicated that the source formation was at an early-mature stage for generation of oil. Based on analysis of the "fast tracked" 3D PSDM seismic data, Pancontinental's interpretation indicates that the Kudu Oil Shale is likely to be at significantly greater depth within the vicinity of the Saturn Turbidite Complex. The Kudu source formation is therefore likely to be at a more mature level than at Moosehead-1X..."
    Last edited by jibbybagger: 26/10/23
 
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