Interesting recent broker report on Galp as it relates to Sintana, that includes a few figures on pel87 potential also. Risk is high, but so is the reward. https://sintanaenergy.com/wp-content/uploads/2025/04/SEI-10.04.2025.pdf
Relating to Moosehead discussions above- lots of the learnings from this legacy dry hole will no doubt be used leading into any drill (and I’d assume the data has already been used for many of the more recent discoveries in the basin- Venus, mopane, etc). Very important to understand target was completely different for moosehead, vs what all the recent discoveries have been targeting (and Pancon is now targeting). Figure 2 (which most have seen) in Pancon release make this fairly clear. But around in circles we go - drill is needed.
https://wcsecure.weblink.com.au/pdf/PCL/02730277.pdf
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