PCL 9.52% 1.9¢ pancontinental energy nl

"With the drill bit stopped approx 100mts above the primary...

  1. 51 Posts.
    "With the drill bit stopped approx 100mts above the primary target for routine testing it will be interesting to see what they find from here on in. Still trying to work out why so many people jumped ship before they even hit the primary target zone, maybe they don't understand the difference between drill floor depths and subsea depths"


    Spiros67.. Sorry mate but I think it might be you who has misinterpreted. The reason the stock was dumped is because they HAVE already hit both the primary target (and the upper secondary). Not sure where you are getting 100mts above from?
    The main targets are 2100,2400/2500,3000-3250 all subsea. So we are through the two targets including the primary and have the bottom target remaining.
 
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