PCL 5.88% 1.6¢ pancontinental energy nl

Pancontinental and Eco Atlantic - The last slices of the Orange Basin?, page-86

  1. 3,859 Posts.
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    The majors certainly are looking to drill the area quickly...

    Namibia: TotalEnergies contracts second rig for Venus appraisal campaign

    "TotalEnergies has secured a second rig for what will be a very high-profile exploration and appraisal drilling campaign offshore Namibia next year. The move to charter Northern Ocean’s semi-submersible rig Deepsea Mira confirms a recent Upstream report that the supermajor was looking at bringing two rigs into Namibia to accelerate drilling plans on and around its huge Venus oil discovery."

    For newbies, the relevance of all this Shell and Total Energies progress is based on their discoveries' proximity and being on-trend to PCL's PEL 87:

    https://hotcopper.com.au/data/attachments/4913/4913462-ff27c72415a50321b23c1367345dd828.jpg


 
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