Nicely said phx,
Yes, all junior o & g high risk / high reward. Exciting but as always best to play with what you can afford.
I'm researching Guyana right now. There's a lesson there. Exxon stunning success on about 15 wells in their block but next door Tullow hit heavy oil with high sulphur in 2 wells and Repsol non commercial good quality oil in Carapa-1 and water bearing in another well last year.
Success in one area of a basin doesn't mean same in another. Many risk factors to contend with.
Even now, Venus commerciality still being tested. Need strong flow rate as very deepwater.
General Thoughts, page-724
-
- There are more pages in this discussion • 3,681 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
2.2¢ |
Change
0.001(4.76%) |
Mkt cap ! $178.8M | |||
| Open | High | Low | Value | Volume |
| 2.1¢ | 2.2¢ | 2.0¢ | $166.4K | 7.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 1302346 | 2.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.2¢ | 4313302 | 10 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PCL (ASX) Chart |