PCL pancontinental energy nl

General Thoughts, page-1179

  1. 37 Posts.
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    Hey guys, the Euroz report indicates that PanCon must make a decision in the 4th quarter of this year to enter the next permit year, which requires a drilling commitment. Woodside technically has 180 days from the final delivery of seismic data before they have to commit to the option exercise. Will the permit requirement force WDS to have to commit earlier than the original option agreement stipulated?

    If so, we should get the option exercise announcement by the end of the year, rather than potentially having to wait for another 6 months.

 
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