PCL 3.85% 2.5¢ pancontinental energy nl

Tullow Oil to Synergize Namibian Drill with CHAR, page-3

  1. 1,813 Posts.
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    Hi Blueboy,

    Making the assumption Chariot are drilling Project W in the 1H of 2019,one could hypothesize that if Tullow and OVVL can put some closure on PEL 30 farm-in by April 25th 2018 (Tullow Oil AGM)we can still commence drilling by end of September or October 2018 weather we are first or second cab of the rank who knows. The synergy between the operators involved reinforce Cormorant Well will be drilled 2H this year, this gives PCL shareholders some guidance and confidence. In my opinion the latter we drill this year the better,remember to honor the agreement with CRC Corp we have to drill another 2 wells in Tulainyo by April to Jun 2019. Lets hope SGC can get its act together and add another Dempsey Appraisal well or even Alvares 2H 2018.
    Back end of this year has promise to be an aggressive drilling campaign for PCL.

    Cheers

    BI
 
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