Callsign,
Yes ofcourse PCL will benefit more then Sintana from any WDS success in PEL87.
Upon WDS farm-in PCL 20% PEL87 vs Sintana 7% PEL87.
But PEL87 is not the primary reason I invested in Sintana.
Sintana have 5% of Galp's PEL83 with 2 wells to be drilled starting end October and they are carried right through to PRODUCTION.
They also have 5% of Chevron's PEL90 carried on first drill expected in 2024.
So total of 17% interest spread across 3 licences of which 2 licences are adjacent to Total and Shell's licences.
So that's 4 wells free carried vs 1 well free carried for PCL.
So I have spread my bets across a few numbers at the roulette table!
Sintana's MC currently attractive at CAD$82M = AUD$94M.
It's a nice addition to a PCL holding IMO.
- Forums
- ASX - By Stock
- Ann: Presentation to Euroz Hartleys Energy Forum
Callsign,Yes ofcourse PCL will benefit more then Sintana from...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PCL (ASX) to my watchlist
|
|||||
Last
1.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $138.2M |
Open | High | Low | Value | Volume |
1.7¢ | 1.7¢ | 1.7¢ | $23.38K | 1.375M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 4663436 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 3749528 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 4663436 | 0.016 |
28 | 8425396 | 0.015 |
29 | 18460961 | 0.014 |
16 | 10626615 | 0.013 |
9 | 8588582 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 3749528 | 6 |
0.018 | 8415479 | 11 |
0.019 | 4254969 | 13 |
0.020 | 2390602 | 11 |
0.021 | 7050000 | 5 |
Last trade - 10.57am 27/08/2024 (20 minute delay) ? |
Featured News
PCL (ASX) Chart |