Possible upcoming News Flow in the lead up to the world's...

Possible upcoming News Flow in the lead up to the world's biggest exploration well of 2023/24?

* Official announcement from Shell regarding the Jonker-1 discovery which according to media reports is far greater in size than their Graff-1 discovery of 2 billion barrels

* TotalEnergies 4 Well drill program underway with an appraisal well currently being drilled 13km away from their Venus-1 discovery of plus 3 billion barrels - appraisal wells have a greater chance of success compared to traditional exploration wells

* Woodside increased 3D seismic area from 5000 to 6,800 sq km in PCL's PEL87 lease. Seismic results expected June this year which could see a prospective resource upgrade given the Saturn structure is 4 times bigger than Venus

* Galp Energia drilling PEL 83 in the coming quarters - located between PCL's PEL 87 and Shell's lease

* Chevron drilling PEL 90 later this year or early next - located between PCL's PEL 87 and Total's lease

* PCL JV partner Sintana Energy confident Woodside will elect to drill PEL 87 either late this year or early next - Sintana Energy Presentation



DYOR