PCL 0.00% 2.2¢ pancontinental energy nl

Thanks for the headsup Martin regarding drilling down south of...

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    Thanks for the headsup Martin regarding drilling down south of the border.

    I have suspected that there are potential discoveries down there, but they have been held up to now by the corrupt, stupid incompetent ANC government.
    With the election due in a few weeks, the ANC have suddenly released a lot of oil exploration logjam, and Total seem to have been the main beneficiary.

    Apart from this drill approval, I believe a production right for Total down deep south off mossel bay may have been signed off.

    One wonders what Total has offered in return - perhaps some post-election black-token posts for the ANC pig-trough gobblers who are about to lose their gravy-train positions in the government
 
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