PCL 4.76% 2.2¢ pancontinental energy nl

Waingaromia 2 Drilling - Worth ?, page-16

  1. 152 Posts.

    I have Bulletin Jonesy,
    this is for PCL what he said for,

    Waingaromia 2,
    in PEP38330 in New Zealand's East Coast Basin, with reserves potential of 15 million barrels of oil equivalent, could be worth a whopping 71¢ a share to Pancon if it delivered the optimum since Pancon has a 38% stake.

    Huinga 1A,
    in PEP38716 also in New Zealand's Taranaki Basin, is a large prospect due to be drilled immediately following Makino 1 to test a potential reserve structure of 67 million barrels, worth in an optimum event 55¢/share to Pancon


    Thank you!What you think?
 
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