Never mind about cos, doesnt really mean much. You could have a very high cos, discover hydrocarbons, then it turns out to be a gas field!
Potential catalysts for PCL going forward are:
1. WDS farm-in (presumably December)
2. Galp result in Pel 83 (approx Jan 24)
3. Weeks leading up to spud of a Pel 87 prospect.
Further news from Shell & Total not so relevant as these already reflected into the share price.
Ann: Cormorant-1 Exploration Well in PEL 37 Offsh Namibia Result, page-144
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