PPP pan pacific petroleum nl
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hector coming back into play ?

  1. boysy1
    9,463 Posts.
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    16/03/09
    10:01
    Post #: 4906433
    looks as though ppp and jv partners are starting to have another serious look at hector (PEP38483)again. Not only have the jv partners carried out seismic survey in nov/dec 2008 but have also applied for a new acreage to the south of hector (PEP38483). Hector has higher leverage for both nzo and ppp compared to tui as their shares are 18.9% amd 14.09 % respectively. Could drilling take place in the 3rd Q 2009 on this prospect just after TUI near field prospects drilled in 3rd Q 2009.
    PPP Price at posting: 31.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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