OTCPK:PCOGF - Post by User
Post by
bazilfawltyon Jul 25, 2023 11:59am
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Post# 35556000
nice presentation from( Woodside)...PCL
nice presentation from( Woodside)...PCL https://clients2.weblink.com.au/news/pdf_1/02689834.pdf
Compare the KM2 against the other discoveries....looking HUGE!!!
The recent major discoveries in Namibian Orange Basin highlight PEL 87’s potential for hosting a world-class oil discovery. The scale and resource potential is considered by PCL to be comparable to giant turbidite-associated discoveries with analogous geology offshore Brazil, Guyana, etc. • Venus Fan discovery, offshore Namibia (600 km2) reportedly has estimated recoverable reserves exceeding 3 billion barrels recoverable oil 1 • Jubilee Fan Oil Field (180 km2) offshore Ghana, estimated recoverable reserves of approx. 1 billion barrels recoverable oil 2 • Marlim Oil Field (152 km2) offshore Brazil, estimated to hold approx. 1.7 billion barrels recoverable oil 3 • Saturn exhibits a core area of ~ 2,400 km2, entirely undrilled