TSXV:PEC.H - Post by User
Comment by
TopPossumon Nov 13, 2012 11:37am
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Post# 20593476
RE: RE: Well what happened here PUMPERS of PEC
RE: RE: Well what happened here PUMPERS of PEC Porto still has the results of the Jurassic Lias Resource Play to release. The release is scheduled for sometime in the new year. The area explored has a history of oil seepage and bitumen production therefore there is oil there just how much they have to determine. Porto also has several more prospects for pre-salt drilling that could still prove to be very profitable. Remember they still have good experienced management, a huge amount of concessions, a partner with deep pockets, and a motivated stable national government in Portugal. That's alot of pluses. Now if they can just find and produce the oil and gas the company will be very successful.