I remember Barry making a comment at one of the AGM's about the size and a reference to Ghawar but I had no idea how what Ghawar was or how big or that it was the reservoir for Saudi oil and it's importance to global oil supplies.
But to associate PEL 87 with potentially a similar size reservoir then some new calculations of the potential value will be astronomical.
Potentially 50 Billion barrels of oil ..... I'll have to get a new calculator .......
I remember Barry making a comment at one of the AGM's about the...
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Mkt cap ! $97.63M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Last trade - 15.59pm 27/06/2025 (20 minute delay) ? |
| PCL (ASX) Chart |