PCL pancontinental energy nl

General Thoughts, page-7300

  1. 5,372 Posts.
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    Thanks for sharing. Worth reading the sept quarterly again and reflect upon what Sam is stating here. (Quarterly link for reference: https://wcsecure.weblink.com.au/pdf/PCL/02874597.pdf)

    The quarterly mentions the complexities here, and also some aspects such as "necessitating a modified approach to the method that was adopted within the shallower sequences" (in relation to AVO analysis of certain leads). Similarly there is mention of "The geological complexity of the significant prospective area demands further detailed analysis to establish a pattern of reservoir distribution within these leads". Sam is not telling us anything new - it's all in the quarterly. However, the one interesting componant from the email the mention of ..."..quite possibly misleading for the market.". They need to be extremely sure of what they will say, especially when wds is about to take the helm. The analysis needs to be corroborated by both PCL + partners + wds. Mixed messaging to the market is catestrophic. Patience.
 
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