PCL 0.00% 2.1¢ pancontinental energy nl

Ann: Woodside Enters Into Exclusive Option on Namibia PEL 87, page-70

  1. 4,948 Posts.
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    Yeah I first got into PCL and FAR back in the L8 days.

    I recall the euphoria on HC when FAR struck a deal with Woodside to further explore their Senegal strike.

    I got out of PCL when their relationship with FAR turned sour, and since then never got back in. Woodside put the squeeze on FAR with cash calls and they ended up selling for cents in the dollar on value. I still hold FAR, more because I don't have an exit plan than because I believe they can do a phoenix.

    I hope for holders' sake the PCL and Woodside story has a better ending than the FAR and WPL story.
 
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