PCL 6.25% 1.5¢ pancontinental energy nl

Galp/Exxon & Shell/Kosmos

  1. 2,187 Posts.
    lightbulb Created with Sketch. 497
    Galp looks set to drill in both PEL82 Walvis Basin & PEL83 Orange Basin in 2021

    https://static.upstreamonline.com/hardcopy/1817838/galp-eyes-namibia-probes


    Shell/Kosmos intend to drill in PEL 39 Orange Basin (inboard from Total's Venus Prospect) in 2021

    See slide 68 below:
    .

    http://investors.kosmosenergy.com/static-files/3cbe87af-6d1c-435d-9c65-abcf6c7971b3

    This is directly on trend with PCL's PEL87 "Saturn Superfan" to the North.

    In summary it looks like 5 wells drilled in next 24 months - 2 in the Walvis Basin & 3 in the Orange basin.

    Then there's the question mark over Eco's Osprey prospect & Tullow's next move re: Albatross prospect PEL 37.

    PCL might attract a potential farm-in partner for PEL87 prior to Total drilling Venus prospect in Q2 2020.

    .

 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
-0.001(6.25%)
Mkt cap ! $121.9M
Open High Low Value Volume
1.6¢ 1.7¢ 1.5¢ $52.01K 3.180M

Buyers (Bids)

No. Vol. Price($)
18 5694274 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 548045 1
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.