PCL pancontinental energy nl
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Just multiply the recoverable resources by the oil price (like...

  1. huaneng
    1,769 Posts.
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    22/03/25
    06:58
    Post #: 78370482
    Just multiply the recoverable resources by the oil price (like 70 $/bbl) and you will get a revenue of 206 billion $. In the oil business, this is called elephant oil fields (= definition from American Association of Petroleum Geologists) hunting. Of course oil companies are keen to drill such big prospects (and that`s the reason it was such a surprise that Woodside decided to walk away)
    Last edited by huaneng: 22/03/25
    PCL Price at posting: 0.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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