PANCONTINENTAL OIL - Projekte in Australien, Kenya, Malta, Marocco und Namibia (Seite 73)

[Drill-a-Hill]

Antwort auf Beitrag Nr.: 48.285.421 von links-zwo-drei-vier am 11.11.14 13:36:58

Gewinnmitnahmen, die Timeline und der Brent
drücken vermutlich auf den Preis...



setze weiterhin auf Multibagger bis hin zu Bohrstart in Kenya & Namibia Ende 2015/ Anfang 2016..

Patience may be the Key here

GL!

[links-zwo-drei-vier]

Antwort auf Beitrag Nr.: 48.100.843 von Drill-a-Hill am 22.10.14 10:17:30

"Golden Cross"

Auf diese Börsenweisheit ist auch kein Verlass mehr, das Gleiche hatten wir in diesem Jahr schon bei Gold.





LG

L234

[Drill-a-Hill]

Antwort auf Beitrag Nr.: 48.279.601 von motz1 am 10.11.14 22:39:33

Hi motz,

spannende Sache in Senegal, 36m net payzone, dabei müssen die deeper targets von SNE-1 erst noch erreicht werden!,
wäre der Ölpreis nicht im Keller gäbe es sicher größere Kurssprünge bei FAR.

Sogesehen ist es auch (imo) ok das PCL voraussichtlich erst Ende 2015/ Anfang 2016 wieder bohren wird, Data von Sunbird macht mich zuversichtlich daß auch PCL Commercial Oil finden wird, steigender/höherer Ölpreis wäre bei der Verkündigung kommender Bohrtermine nicht unwesentlich um den Appetit der Investoren zu wecken..

[motz1]

Etwas OT

Verfolgt gerade jemand die Geschehnisse um unseren langjährigen JV-Partner FAR? Die haben offshore Senegal ziemlich gut gearbeitet und meldeten den zweiten Treffer bei der zweiten Bohrung, wobei sie da noch nicht mal das main target erreicht haben...

Sieht insgesamt sehr interessant aus, bin gespannt was an der ASX passiert

[alk99]

schöne Timeline

muss man sich keine Gedanken an kurzfristig steigende Kurse machen. Kann aber sein Körbchen aufstellen... Zeit genug bis Mitte/Ende 2015 ist ja. Und dann... ja dann fliegt die Münze wieder in die Luft und es kommt nur noch darauf an, wie sie landet....

[borki13]

Eine Vervierfachung des Kurses sollte es schon werden. Dann bin ich wieder zurück auf Feld eins.

[Drill-a-Hill]

RollerCoaster - back to AUD 0.031 - strong stomach needed

Schätze mal die TIMELINE
hat einige vertrieben,
viele (incl. mir) dachten Bohrungen wären schon in 1Q15 möglich..



Die Zeit bis hin zur nächsten offshore Kenya Bohrung
wird genutzt um aus einem Pool aus Angeboten das beste rauszufischen,
einen Partner zu küren,
um dann full carried
und mit Cash für diverse bereits geleistete Kosten,
die Früchte des Sunbird Datenbaums zu ernten.

In Namibia,
denke ich, wird Tullow erst einmal die 3D Daten vom Eco Block analysieren wollen (1Q15), bevor es dann zu einem möglichen multi well Program, frühestens in 2H15 kommen könnte.

Farmouts & die Antizipation
haben das Potential den Kurs von PCL durch 2015 zu vervielfachen.

daher für mich long term long

GLA

[Staberhuk]

Das sind die neuen Veröffentlichungen von PCL:

Investor Presentation
[/b]http://clients2.weblink.com.au/clients/pancon/article.asp?as…

Quarterly Cashflow October 2014
http://clients2.weblink.com.au/clients/pancon/article.asp?as…

Quarterly Activities October 2014
http://clients2.weblink.com.au/clients/pancon/article.asp?as…

Inventory of Major Prospects Offshore Namibia
identified during initial 3D interpretation work

Highlights
Namibia EL 0037 – Initial interpretation confirms Major Offshore Prospects
» 3D seismic survey programme – complete – Nil cost to Pancontinental
» 2D seismic survey programme – complete – Nil cost to Pancontinental
» Initial interpretation of surveys – complete – Nil cost to Pancontinental
» Tullow’s aggressive exploration campaign verifies Major Offshore Prospects
» Operator Tullow will now consider a drilling location, with a full carry of drilling
costs for Pancontinental under farmout
» With the exploration programme fully funded, Pancontinental is in a favourable
position to explore further opportunities in the Region

Kenya L10A – Analysis of Sunbird-1 discovery results
» The Sunbird-1 well uncovered Kenya’s historic first ever offshore oil discovery
» Ongoing analysis of the results will determine the future oil exploration activities
in the region
» Previously identified prospects and leads will now be reviewed using Sunbird-1
well data prior to the joint venture determining the location of one or more
additional wells

Kenya L10B – Analysis of extensive seismic data continues
» Analysis and assessment of the large volumes of 3D data previously acquired
continues with a focus on how the Sunbird-1 well results impact exploration in this
adjacent block

Kenya L6 – Fully funded onshore, farmout efforts offshore
» As exploration onshore is now fully funded, Pancontinental has focussed its
attention to farming out the offshore portion of the block

Kenya L8 – New licence
» Pancontinental is committed to continued efforts in the award of a new L8 licence

Corporate
» Cash balance of $9.1 million as at 30 September 2014
» With a number of Pancontinental’s permits fully funded for the next phase of
exploration, the Company has been actively seeking farminees for the remaining
permits, as well as examining high-impact new projects

[Staberhuk]

Liebe PCL Gemeinde,
ein Auszug aus dem Annual Report 2014 vom 28.10.2014 an die Shareholders: (http://www.asx.com.au/asxpdf/20141028/pdf/42t89t540380m0.pdf…

Highlights
Kenya L10A – Sunbird-1 Oil Discovery
 The historic Sunbird-1 first-ever oil discovery well was drilled offshore Kenya in area L10A in the first
months of 2014;
 The top of the Sunbird Reef was drilled in an oil and gas bearing limestone reservoir and intersected a
gross 29.6m gas column overlying a gross 14m oil column;
 The age and type of the oil source rocks, as well as other crucial data was uncovered by detailed oil
and gas geochemical analysis;
 Results received from the Sunbird-1 well are highly significant as they are the first proof of the
presence of a prospective oil system in the Lamu Basin offshore Kenya;
 The Sunbird-1 play-opening oil discovery brings a major opportunity for exploration of larger volumes of
oil, as well as gas, over Pancontinental’s extensive portfolio of prospects and leads offshore Kenya.
Namibia EL 0037 – Farmout to Tullow
 Farmout to Tullow 65%, Pancontinental retains 30%;
 Tullow to lead the forward programme as operator with a work programme of-
 3D seismic survey of not less than 3,000 km2
prior to December 2014 – Pancontinental carried 100%;
 2D seismic survey of not less than 1,000 km coincident or later than 3D – Pancontinental carried 100%;
 Exploration well subject to identification of a suitable drilling prospect – Pancontinental carried 100%;
 Additional costs such as purchasing, interpreting and mapping seismic – Pancontinental carried 100%;
Note – there are no caps in place for any of the above expenditure which means that Pancontinental
will have no financial exposure for the exploration work under farmout.
 Past costs incurred by Pancontinental in licence EL 0037 – Tullow to reimburse Pancontinental 65%;
 Pancontinental values the future work programme in the vicinity of US $130 million;
 3D and 2D seismic survey data acquired early 2014 are currently yielding encouraging results.
Kenya L6 – Farmout to Milio
 Farmout to Milio 24% onshore, Pancontinental retains 16% onshore, 40% offshore;
 Milio to lead the forward programme as operator of the onshore portion of the block and FAR to remain
operator of the offshore portion of L6;
 The farmin work programme consists of –
 2D seismic survey of not less than 1,000 km, possibly late 2014 – Pancontinental carried 100%;
 Drilling and testing of an onshore exploration well post the 2D seismic – Pancontinental carried 100%;
 Additional costs such as processing and interpreting of the 2D seismic – Pancontinental carried 100%.
Note – there are no “caps” in place for any of the above expenditure which means that Pancontinental
will have no financial exposure for the exploration work under farmout in Kenya permit L6.
 Current activity includes preparations for the onshore 2D seismic campaign;
 Farmout efforts are under way for the offshore portion of the block

[Drill-a-Hill]

Kenya Offshore L10A&B - Pancontinental considers that two wells may be drilled commencing in 2015


http://clients2.weblink.com.au/clients/pancon/article.asp?as… (pdf, p.15)

The L10A consortium is now considering the location for one or more additional wells. A drilling decision will be
made after further technical and joint venture consideration. At the present time, Pancontinental considers that
two wells may be drilled commencing in 2015, one in each of L10A and L10B, and the company awaits the
drilling recommendations of operator BG Group before any firm joint venture drilling decisions will be made.

GLA