PCL 0.00% 1.4¢ pancontinental energy nl

Ann: Presentation to Annual General Meeting, page-23

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  1. 945 Posts.
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    Page 5. Wording 'JV (joint venture) applied to MME ..'. add, PCL will not be funding permit renewal from a former ann. A decent hint that Woodside has already commited but awaiting AVO or finaly 3D in coming weeks will trigger the 180 day commitment period for Woodside.
    based on recent discoveries and 20 drills scheduled by chevron and Rhino, just south of 87, woodside would be crazy to walk away. Even if 3D funding is pocket change for them.
    My 2 cents
 
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