Worth noting the 'Orange Basin Update' section also, with the good (Mopane-3X, Sagittarius-1X and Capricornus-1X) detailed along with the ordinary (Marula-1X). The key takeaway being in bold following - "These latest drilling results support an emerging trend wherein both good quality sandstone reservoirs and hydrocarbon charge are present within an intra-slope setting along a N/S trending fairway inboard of the outer structural high. Importantly the Saturn Complex was deposited within this fairway." Helps explain the "strong level of interest received from a combination of supermajors, large independents and national oil companies". Wouldn't a bidding war be lovely.
PCL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)