PCL 0.00% 1.6¢ pancontinental energy nl

And from the SEI stockhouse board, apparently according to...

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    And from the SEI stockhouse board, apparently according to Sintana CEO, fwiw.

    https://stockhouse.com/companies/bullboard?symbol=v.sei&threadid=36220049

    From a fellow shareholder via a private SEI board..Feedback from Oslo from a friend —
    - “We hope Woodside exercises option on PEL 87 by end of the year”-
    "we expect PEL 82 to kick off in 2025 '-
    "will not be a full cycle E&P. Sell interests and pay out dividends"
    In line with past SEI M.O. expectations. Sell asset pre-production, cash or script to shareholders of record, full positions still in tact for remaining assets, move on and repeat.
    Share price drops accordingly, wouldn't want to be caught shorting with a dividend buy-out announcement...


    Chevron moving rig to PEL 90 immediately adjacent to the west of PEL 87, to drill in October 2024 with result expected in December 2024.
    Apparently chasing Mopane type play as well as Venus play.

    May explain why Sintana share price moving up and some life in PCL share price.

    I expect PCL strategy will be in event of a discovery, expect to be taken over.
    Risk in everything of course.
 
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