The lack of hydrocarbon exploration over the last 15+ years world wide has finally started to come home to roost.
The discoveries in the Orange basin will offset the impending shortage as they are massive and I believe Companies have the potential to find more areas with Oil and gas reservoirs.
This will also increase the interest in South America looking for the counterpart deposits to these West African discoveries.
This should IMHO put PCL, WDS and Sintana in an exceptional position value wise if we hit the motherload.
The lack of hydrocarbon exploration over the last 15+ years...
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Last
1.2¢ |
Change
0.001(4.55%) |
Mkt cap ! $93.72M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.2¢ | 1.0¢ | $57.92K | 5.282M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1096517 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 6194756 | 13 |
View Market Depth
| Last trade - 15.55pm 25/07/2025 (20 minute delay) ? |
| PCL (ASX) Chart |