2.5M acres Permian Shale

Interesting that the mkt hasn't picked up that PRL's Uruguay acreage has Permian era shale underneath much of it. Permian sells for up to USD$49,000 per acre in West Texas. To be fair, we haven't found commercial oil yet but thats quite a discount we've got going. Hopefully when the drill bit starts spinng in a couple of weeks, we might see some of that 99.9999% discount back off. GLTA and hold tight, it might be quite a ride.

PS, I've changed my Avatar, wishful thinking no doubt.