PCL pancontinental energy nl

General Thoughts, page-9050

  1. 1,108 Posts.
    lightbulb Created with Sketch. 415
    Ok lets half the 36 bill and remove production costs making it 18 bill at 55%. Thats still 9 bill for a 750 mill cost basis and still a 12 bagger for a major leaving plenty of room to move, even with excessive expenduture and oil prices that can only increase leading into production.
    Also factor that chance of success per Iain's statement is based on the lack of data to compare with and any discovery made will increase probability for future drills
 
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