Hi Pottermore, Iain presents well and, in my view, is suppressing his enthusiasm. Ernie has always done a first-class job at constraining any enthusiasm he might have too. In my view, they like what they see but cannot say much. From the AGM presentation, the additional piece of seismic information from the fast-tracked 3D PSDM, is summarised below and further highlights the similarities between Venus and Saturn; I was unable to show them at the same scales. The counter-regional dip set-up is nothing new in my view (the 2D seismic shows it), although I think this the first time PCL have made it a key point. I could be wrong there.
Remember, one-line interpretations do not a discovery make. Although, there are clear similarities between the Venus oil discovery and the Saturn prospect. The seismic attribute work on the Saturn 3D will be very enlightening as things light up...............
And for me, the Saturn 3D PSDM product has put to bed the remaining concerns I had on source rock maturity beneath Saturn. The Kudu Shale is very likely in the oil generation window at Saturn.
Kind regards OldGeo
PCL Price at posting:
1.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)