Am hearing Woodside have started drilling in the Kenyan permit next door to PCL's L-6, L-8 & L-9.
This is interesting, a dry hole by Woodside doesnt necessarily downgrade PCL's targets as they are different types of geological structures, but a good result sure as hell will upgrade it!
Nothing in the share price for this, keep in mind that PCL are a $25 million company with 20% of several multi BILLION barrel targets. Wish I could afford more.
woodside have spudded next door
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