PCL 5.88% 1.6¢ pancontinental energy nl

Majors looking for ground, page-211

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    Chevron will take 80%. Trago were at 53% and have retained 10% (not 20 to 10), which is carried for 3D and a well. The mechanics of the estimated $$ mentioned between Harmattan and Trago will never be divulged. I'd say it is a pretty fair deal for all involved on both sides of the transaction. We shall only know who got the better end of the deal in a few years, if it is drilled..
 
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