Surely the news of Chevron looking to secure PEL90 would be good news for PCL?
If Chevron do commit then the value of a farm out would increase in my opinion. However no confirmation just as yet and I suppose until that happend, we won't see any further action in our SP.
I'm still thinking September before any announcement for PCL on farm out.
It is boring with no action....
Rooey.
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