PCL pancontinental energy nl

Ann: Presentation to Annual General Meeting, page-91

  1. 289 Posts.
    lightbulb Created with Sketch. 17
    Lol not bad!

    "Righto, here's the short version:

    For 40 years everyone thought Namibia's offshore waters only had gas. Then in 2022-2024, oil companies drilled 7 wells and found 6 massive oil fields. We're talking about 15 billion barrels of high-quality oil - one of the biggest finds in recent history.

    Think of it like this: there's a giant underground lake of oil that's been sitting there for millions of years, and they just found the tap.

    Namibia's about to become one of Africa's biggest oil producers. Pretty epic for a spot everyone ignored for decades!"

    Edit:
    35fmu0.jpg?a481344

    Last edited by nzcapulet: 04/12/24
 
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