PCL pancontinental energy nl

General Thoughts, page-8896

  1. 5,294 Posts.
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    It looks like in terms of depth, the best we've got is PSDM fast-track from slide 12, Nov 2023 (here - https://wcsecure.weblink.com.au/pdf/PCL/02738840.pdf).


    https://hotcopper.com.au/data/attachments/6967/6967552-2d1ce1f723b9e5fbce40ca111080311b.jpg

    Now from this, we have markers that we can probably identify (kudu oil shale segment 3500m to approx 4000m; as well as the top seal section).Looking at slightly more recent data (the Jan 2025 cross section - below) we can see other markers, we can roughly index depth from. Interestingly there is the 'cenomanian' layer, which looks to be sitting beneath the top seal (below).
    https://hotcopper.com.au/data/attachments/6967/6967575-a9929106c9cae248904c2a7f55d2a206.jpg


    When looking at the galp mopane W-E (at least we have the same directional cross-section ..lol) - we know the discovery is in the cenomanian sands - so circa 4700m (on galps UF stack). Now I'm not sure what to make of all of this - but it seems clear that Mopane 3X, is considerably deeper in metres than our saturn targets; but from a geological age perspective Saturn seems to be targetting older prospects (early Albian). We are fairly clearly sitting on the same kudu source rock, but mopane appears to be in deeper water depth. So in summary - I believe you are right, we are now close to looking at 'apples with apples', albiet the reflectors we see lighting up; are likely 'lit up' slightly differently given the angle stack, vs the ultrafar offset.

    https://hotcopper.com.au/data/attachments/6967/6967562-07e044fda0a7f46062f94fe21ef39ea5.jpg

    I'd love to see the seismic UF stack for the recent totalenergies Marula-1 - just to understand what we should NOT be looking for ha! - they obviously saw something there which justified a drill, yet completely dry..

 
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