I think that's awesome. Galp drilled some 18kms from their...

I think that's awesome.
Galp drilled some 18kms from their original discovery and again did not find the water contact.
I think that is huge.
I'm getting more excited with the information that is being released.
I think WDS did us a big favour ..... we have the opportunity to negotiate a better deal now ....
A new player might not get 50+% .... we are now in a much stronger position than ever before .....
The Oil Kitchen is clearly prolific and abundant generation has filled all the potential reservoirs .... even those which did not flow at commercially viable rates are charged with hydrocarbons.
I would be arguing for 30% as our retained percentage and two wells fully carried.
We can arrange our own administration capital if this deal is achieved.
Successful drilling will be an absolute bonanza for PCL shareholders .... I think that the results just released by Capricornus increases the chances of success from 22% closer to 30% ..... which is 1 in 3 chance of success compared to the wildcat chance of success of 1 in 15 or under 7%.