PCL 0.00% 1.6¢ pancontinental energy nl

The superfan is the big prize if its with oil... The...

  1. 256 Posts.
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    The superfan is the big prize if its with oil...

    The conservative prediction to venus is Bigger then 3 bbl.
    Saturn is structure that if its really 1 trap case = 2400 km2 it could contain much more then venus.
    The structure is 4 times bigger then venus!

    The problems are:
    1. The sesmic data are very old and the p50 to saturn is
    less then 1 bbl
    2. The cos is extreamly low (5%) but again this is not updated from 2018 and we have in the basin
    3-4 new discoveries and venus and junker seema to be in the same play.

    My hope is that saturn after 3d will approve as gient mega trap and the p50 (my hope) will be 10 bbl with more then
    30% cos...
    If it happend i think that the market will give us more speculative value before any drill.






 
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