PCL pancontinental energy nl

Great first crack at it OG! Really interesting! I'd love to get...

  1. 5,690 Posts.
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    Great first crack at it OG! Really interesting! I'd love to get my hands on mopane and venus seismic data when they were at the same point in interpretation (venus1x, had 84m of net pay; albiet at a greater burial depth than saturn - Major Light Oil Discovery, offshore Namibia - Impact Oil & Gas. I cannot find Mopane1x figures). I've been reviewing older pcl agm presentations; and looking at how the 2D has evolved, now that we have 3D, is certainly interesting - https://www.listcorp.com/asx/pcl/pancontinental-energy-nl/news/agm-presentation-2807291.html. Page 17 particular interesting with cos figures of times gone past (which i imagine you might be leveraging in the calcs?).

    Average industry based net pay (from what I can find) for a light oil discovery is between 15m to 60m (50-200ft) - so I think your estimates are bang on the conservative side (which i feel is sensible) - so much info still missing, hence the COS. I find it interesting also that all the other leads have not been mentioned by pcl, but I guess they need to prioritize their analysis (the Albian channel in the north looks very interesting).
 
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