Just in following this thread:
1. I agree that I don't believe there was a statement from PCL that they had applied for the extension (1st exploration period) to PEL87. There should have have been.
2. They are not due to make an application to enter the next term (into 1st renewal period) until at least September 2022, a few months before the expiry of the licence (assuming it is signed off). I suspect this is what they were talking about on the call you had Wise. They wouldn't enter the next term without a farmin partner (?).
Regards,
MDH.
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