PCL pancontinental energy nl

Ann: Quarterly Activities Report, page-6

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    unsure if below was mentioned in former ann but oil potential in Saturn looking favourable

    very similar (intra-slope) setting to the Company's PEL 87 Saturn feature, with reservoir formations of comparable age and sharing the same oil source formation (Kudu Oil Shale).

    Company will provide interim updates as the various hydrocarbon play types identified thus far are sufficiently matured.
    2nd point suggests 'thus far' (so far) and we should expect interim updates.
    guessing this could well mean reserve estimates.
 
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