PCL 3.23% 1.5¢ pancontinental energy nl

Shell to spud Graff-1 within days. Drillship has left Walvis Bay...

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  1. 2,207 Posts.
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    Shell to spud Graff-1 within days. Drillship has left Walvis Bay & on way to drill location.

    https://www.marinetraffic.com/en/ais/details/ships/shipid:3504069/mmsi:538005678/imo:9698666/vessel:ENSCO_DS_10

    I like that MarineTraffic refers to the destination as GRAFF-1 OIL FIELD.

    I never thought I'd be back in PCL after Cormorant 3 years ago but with both Total & Shell now drilling, I couldn't resist a small 0.2c punt on Friday.

    It might not make sense but I chose to put my limited funds on PCL rather than FAR (currently drilling Gambia) due to PCL's very low MC & considerable upside potential if commercial oil is discovered offshore Namibia in the coming weeks.
 
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