PCL 0.00% 2.4¢ pancontinental energy nl

Fantastic to watch.Definitely worth watching.I found around the...

  1. phx
    505 Posts.
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    Fantastic to watch.
    Definitely worth watching.
    I found around the 20min and 35 min onward marks the most interesting.
    20min talks about the geology and not one single formation but complex with multiple leads.
    35 min talks about 3D and Woodside.
    Holding off on disclosing info as requested by Woodside until more thorough analysis.
    Will take time and lots of work to do.
    Expect lots of announcements early 2024!!
    Chasing big targets.

    FROM QUESTIONS
    180 days for Woodside starts when final data received.
    Expected end of December, early Jan.

    Encouraged by data. 3D backs up 2D.

    Woodside decides where to drill - "hopefully one PCL agree with".

    Woodside looking at availability of rigs late 2024.

    If Woodside not exercise option still have 18 months.

    If Woodside walK away, PCL is the operator and gets all the data.

    3d meets expectations and still very, very optimistic.

    Very careful to be in alignment with Woodside and not give many details.

    Expect drill late 2024, early 2025. (42minutes)

    Extend 3D area. Data very raw, but Woodside saw features that was worth extending out.

    Data not good enough to comment on resource at this date.

    Excited about next 12-18 months.

    Last edited by phx: 29/11/23
 
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