Looking good for Rhino - plenty of flaring at Capricornus-1X over the past 24 hours (link). This is the second well and follows on from Sagittarius-1X where drilling indicated “a hydrocarbon reservoir, with no observed water contact”.
Meanwhile, the Namibia International Energy Conference kicks off today, with mgt present. Sintana's Robert Bose is part of a panel presenting tomorrow (9:20am Namibia time) on the topic of 'M&A Trends in the Oil & Gas Sector". Make of that what you will. Live stream on the NIEC site here for anyone interested.
Should be a decent amount of news flow from the above over the coming days, plus our quarterly next week. Time to sign a partner and kick on.
PCL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
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