PCL 0.00% 2.3¢ pancontinental energy nl

Ann: Appendix 5B, page-7

  1. 252 Posts.
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    It will be interesting to see what happens. Woodside will have a strong view on this play even before the seismic survey is over and if they like what they see with PCL's market cap about 2/3 what Shell is paying for a year with the Mearsk Voyager https://www.rigzone.com/news/maersk_drillship_gets_oneyear_gig_with_shell-04-apr-2022-168496-article/

    It may be simpler for Woodside to buy out PCL early, than have to pay a premium when a drill target is announced and the share price gets silly
    Last edited by Melindax71: 28/04/23
 
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