PCL 4.55% 2.1¢ pancontinental energy nl

Ann: Africa Independents Conference , page-2

  1. 283 Posts.
    Highlights-

    » Working oil and gas systems proven offshore Kenya in only 2012, offshore Namibia in 2013

    » Sunbird-1 well offshore Kenya discovers oil and gas, March 2014

    » Commercial-sized oil prospects can be pursued now that data on source rocks and timing of generation have been recovered

    The 3rd one is of the most interest - so they are still analysing whats going on in the Sunbird 1 well - if this is true then the discovery is FAR better than what BG have released so far.

    They are VERY VERY confident that they have something down there.

    I like this position.

    GLTA
 
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