Great investment by PCL. Been waiting for DVM for drill Irricula 2 for a year now good to see its on the way. Low cost well, great upside and of course early cash flows.
PCL are going after the early cash flows by the looks of things. Going to work on their Australian oil and gas permits in the 2H 2010. Combine this with Mbawa and we have one of hell of company right here. Hopefully this is all in an attempt to retain a significant share of Mbawa.
pcl to farm in cooper basin, page-3
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