PCL 6.25% 1.7¢ pancontinental energy nl

We should bear in mind thisThe well was plugged and...

  1. 96 Posts.
    We should bear in mind this

    The well was plugged and abandoned...has been left in a state that allows re-entry.

    Proven a working hydrocarbon system offshore Kenya

    an important gas discovery. The volume of gas discovered and the follow-up potential remain to be determined by ongoing work.

    The well was designed to optimally test the shallower Upper Cretaceous discovery target,

    it was not possible to also optimally test the deeper secondary Middle Cretaceous target.

    The deeper target remains to be properly tested and Pancontinental believes that this, as well as other prospects of this play type, and the Mbawa discovery play type itself still hold considerable potential in the Mbawa vicinity.

    Deeper secondary target drilled off axis !!

    Etc, etc

    Cheers T

 
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