PCL 0.00% 2.3¢ pancontinental energy nl

Significant Gas Shows in unexpected reservoir at Dempsey, page-13

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    There is no point. The completion rate of drill holes has been very high and although flow rates have generally been modest at best, the mark up prices from well head to city gate to Residential prices makes any successful gas hole generally worthwhile. The companies involved all knew that prior to drilling. Also infrastructure is great having a connection point right next to the drill site.They have already indicated that the top known targets will likely make pay back on the hole and the deeper targets are the much bigger, more upside test and prize. Its down to the wireline logs to determine if any upside or not. So far all good and we wait.
 
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