General Thoughts, page-5402

The negetive trend is not just in pcl...
Lets see what happend in the orenge basin stocks from high to low...

1. pcl from 0.028 to 0.016 its -42%
2. Sintana energy from 1.54 to 1.01 its -35%
3. Bw energy from 33.9 to 24.9 its -26%
4. Aoi From 3.29 to 1.90 its -42%
5. Eco atlantic from 16.25 to 12.6 its -22%
6. galp from 20.81 to 17.68 its 15%


So whats the common thing between them?
1. The oil prices are negative in the last months... and there is a fear from recession.
2. There no any activity in the orenge basin.

Specific reasons:
1. pcl fear from the delay in the farm in process with woodside.
2. Sintana a. block 87 reasons b. block 83 - no deal ...
3. Bw energy - not very good report... in the production assets...
4. Aoi - The company in re organisation... it take time.
5. Eco - I dont have a reason.
6. galp - the didnt complate the farm in process to pel 83.