PCL pancontinental energy nl

General Thoughts, page-6104

  1. V10
    222 Posts.
    lightbulb Created with Sketch. 762
    Hi Pottermore,
    I don't know if where the drillship was alleged to have stopped has any significance or not, but on the geology side, I cant see any explorationist drilling a carbonate bank after the results of the structurally high carbonate banks previously drilled, Moosehead-1 and more recently Cullinan-1!
    My read, fwiw, of the 3D slice at the near Aptian 'Venus turbidite sand horizon' shown by PCL is that when rotated to its correct true north position, the circular volcanic like feature is well to the northwest of Moosehead-1.

    There may be a Cenomanian deltaic sand play associated with the northern and western edges of the Moosehead High in the form of 'a hose across the nose', but I would be focusing more on any Cenomanian drape feature over the structural closures previously indicated as possibly present on the Saturn feature.

    However without the benefit of 3D seismic amplitude and AVO analysis yet to be released to the ASX by PCL, I can only make ill-informed speculation on any Cenomanian prospects to drill.

    We can be confident from the drill results of Moosehead-1 and Cullinan-1 that there is ample Aptian oil and gas rich source rock in the oil generating window to fill any Cretaceous sand traps overlying the source rock, stratigraphic or structural, where present in the Offshore Orange Basin!

    Risk in everything as we are talking about wildcat exploration, admittedly where supported by 3D seismic and AVO analysis, resulting in a very high exploration success rate, a positive in my view.

    But DYOR.
 
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
1.1¢
Change
-0.001(8.70%)
Mkt cap ! $85.43M
Open High Low Value Volume
1.1¢ 1.1¢ 1.1¢ $57.00K 5.250M

Buyers (Bids)

No. Vol. Price($)
23 15107773 1.0¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 3057189 5
View Market Depth
Last trade - 15.32pm 24/06/2025 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.