What Pcl didn't announce....
1. The length of the hydrocarbons is much bigger than they suggest using a cut off point which still has containing hydrocarbons...
2. Drilling could have been better.. controling the mud weight properly...
3. Cement job was poor....causing the near loss of the hole...
4. Need to have another look ..to drill another hole nearby.
5.The drillers were caught wanting and didn't anticipate the huge loss of mud....
Overall the drill result was great news for both Far and Pcl.
A rerating for both in due course.
Dyor
What Pcl didn't announce....1. The length of the hydrocarbons is...
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