PCL pancontinental energy nl

Ann: Application for quotation of securities - PCL, page-5

  1. 4,394 Posts.
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    Nice, there's confirmation of what we already knew. smile.png Next stop, farm-in and drill ann. The comments from our partners continue to sound rather positive:

    PEL 87 includes the very large Saturn turbidite complex that has been mapped. This complex shares many geologic characteristics and is on-trend with the recent discoveries by TotalEnergies and Shell.

    “We are very pleased by the pace and data quality of this seismic program over PEL 87,” said Knowledge Katti, Chairman and CEO of Custos, and a board member of Sintana. “We are confident that the results will further demonstrate that we are on the same trend as the recent in-basin discoveries by Shell and Total, and highlight the Saturn Turbidite Complex as a significant, world-class deep-water oil opportunity,” he added.

    “The quality of our unique position in the heart of Namibia’s Orange Basin continues to be highlighted by the pace of activity and interest in our blocks. We are looking forward to continued progress and exploration success over the next several quarters," said Robert Bose, President and Director of Sintana."

    Last edited by jibbybagger: 26/05/23
 
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