PCL pancontinental energy nl

4.55%

1.2¢

Bold assumption and not definite answers, so the rest is...

First 5119 Last

Share
Profile

Follow
Hittman

3,832 Posts.

352

18/08/24

10:12

Post #: 75255564
Share

Originally posted by Pottermore ↑

There has been some questions about where the 40 Billion Barrels figure comes from so I though that I would do some simple calculations .... I will make some bold assumptions so please treat this as a discussion piece and not a definitive answer to the question.

The rough area of the Saturn Super fan area from the rough(ruff) maps published by PCL and Sintana is 75km by 50km.
Thats 3750sq km which is 3.75Billion sq metres.
For every 1 metre of depth per square metre of area that is 1000 litres of volume which gives us 3750 Billion Litres.
There are approximately 156 litres in a barrel of Oil so dividing 3750 by 156 gives us 240 Billion barrels.
If the porosity is 20% then we get 48 Billion Barrels.
If the porosity is 15% then we get 36 Billion Barrels.
Remember this is for each 1 metre of reservoir depth.
The area of Saturn that the company published was 2400 sq kilometres so adjusting the figures to their area we reduce the results by 2400/3750 or 0.64.
So 48 x 0.64 = 30.72
36 x 0.64 = 23.04

Remember this is for an average of 1 metre of reservoir depth and does not allow for comparmentalization or any other variants that may be occurring at depth.

This is for discussion only and should not be relied upon for investment purposes.
I invite any geo's or other people to comment.

Expand

Bold assumption and not definite answers, so the rest is pointless.

Zero point in harping on about a possible 40 Billion Barrels of oil.

We will know how much we have, and how much is recoverable in time.

PCL Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
14 Upvote

3 Great analysis

Reply

Top Stories

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

ASE

Astute delivers high-grade lithium hits at Red Mountain

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Most investors will get this earnings season wrong. Will you?

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

First 5119 Last

Add to My Watchlist

What is My Watchlist?

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)
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

No.	Vol.	Price($)
2	1096517	0.011
13	7847451	0.010
18	5820219	0.009
16	3905362	0.008
6	1063119	0.007

Price($)	Vol.	No.
0.012	6194756	13
0.013	4734214	11
0.014	14656717	8
0.015	2903904	8
0.016	1013000	1

Last trade - 15.55pm 25/07/2025 (20 minute delay)

PCL (ASX) Chart

Bold assumption and not definite answers, so the rest is...

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Bold assumption and not definite answers, so the rest is...

Top Stories

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Astute delivers high-grade lithium hits at Red Mountain

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Most investors will get this earnings season wrong. Will you?

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News