PCL pancontinental energy nl

General Thoughts, page-2688

  1. 4,345 Posts.
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    Thinking out loud again - the way the Orange Basin is unfolding as well as demand for rigs, is it wise to only drill one well, then pause to make strategic decisions and wait another 12-18 months to drill well number two? Would make much more sense imo to book a rig and drill multiple wells if the 3D is positive. Perhaps a contract with extension options?
    Last edited by jibbybagger: 24/02/24
 
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