PCL 0.00% 1.5¢ pancontinental energy nl

Another nearby block looking to drill up to 10 wells...Rhino...

  1. 3,913 Posts.
    lightbulb Created with Sketch. 1243
    Another nearby block looking to drill up to 10 wells...

    Rhino files for Orange Basin exploration plan

    "Privately owned Rhino Resources has set out an application to drill up to 10 wells in Namibia’s keenly watched Orange Basin. The company holds Block 2914B, next to Shell’s Block 2914A. Galp is to the north, at PEL 83, where it intends to begin drilling on the Mopane complex this month. The Hercules rig has arrived offshore Namibia recently.

    The nearest discovery to the company’s block is less than 20 km away. Rhino’s block covers 5,338 square km. It is 140 km offshore and has water depths ranging from 200 to 1,800 metres.

    The company designed and funded a 3D seismic survey in 2022, covering 1,700 square km. Early analysis of the seismic “gives confidence in the multiple play types identified and the abundance of drillable prospects”.

 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.000(0.00%)
Mkt cap ! $121.9M
Open High Low Value Volume
1.5¢ 1.6¢ 1.5¢ $2.159K 136.0K

Buyers (Bids)

No. Vol. Price($)
11 3134790 1.5¢
 

Sellers (Offers)

Price($) Vol. No.
1.6¢ 3631004 10
View Market Depth
Last trade - 15.34pm 12/09/2024 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.