PCL pancontinental energy nl

General Thoughts, page-8868

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    Better volume today - news incoming or Capricornus-1X flow test/implications sinking in?

    Namibia: The Oil Systems in Walvis, Luderitz and Orange Basins - Brazil Petroleum Studies

    Below are some OldGeo volumes guesstimated for Leads and Prospects identified in the Rhino block 2914A back in 2023 (Sagittarius-1X and Capricornus-1X discoveries).
    https://hotcopper.com.au/data/attachments/6965/6965440-865c682885c4f7036fb63d283e5d79e4.jpg


    To get 2.3 billion barrels of recoverable resource shown on the Shoebill prospect below, you need around 90 metres (300feet) of net pay using the assumed input parameters above. My figure of just under 1 billion barrels, uses a net pay figure of 38m penetrated in the Capricornus-1X well.
    https://hotcopper.com.au/data/attachments/6965/6965416-6c58f5c79dec8eb933215cb8571f5922.jpg

    OldGeo
 
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(20min delay)
Last
1.1¢
Change
-0.001(4.35%)
Mkt cap ! $89.50M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $102.2K 8.664M

Buyers (Bids)

No. Vol. Price($)
9 2618919 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 2352813 8
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Last trade - 14.42pm 18/06/2025 (20 minute delay) ?
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