PCL 6.25% 1.5¢ pancontinental energy nl

Per Anadarko operations report:Blocks L-5,L-7,L-11A,L-11B,L-12...

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    Per Anadarko operations report:

    Blocks L-5,L-7,L-11A,L-11B,L-12 (APC WI 45%, operator)

    ?? The Kiboko-1 well encountered well-developed reservoir
    sands with low permeability and indications of a
    working petroleum system. The partnership is encouraged
    by these results and the data from the drilling
    program is being integrated into the geologic model
    with plans for additional exploration drilling in 2014.

    Low permability is interesting.

    Could have packed its bags and called it quits but plan to drill again in 2014.
 
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