PCL 4.55% 2.1¢ pancontinental energy nl

elevated gas readings at mbawa, page-24

  1. 36 Posts.
    Tis the reality - Based on the pre-drill estimate for oil, 2-5TCF of gas is possible, which would be worth 13-33cps (net to PCL @ 10% working interest).

    This is Mbawa alone – follow up potential could be up to 20TCF on the permit, which would be 132cps.

    All of this in the context of the other gas discoveries and significant followup potential at L6, 10A and 10B.

    The upshot being that we need more info – but if it is gas instead of oil, the uplift will be less and will take longer but will still be extremely significant.

 
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