Pancontinental Energy NL (PCOGF)

[DrillaHill]

Dempsey 1tcf well with COS up to 40%

great find mmafr! there's also a link to the StockAnalysis Report on SGC and Dempsey:

www.sacgasco.com/wp-content/uploads/2017/06/StockAnalysis-Special-Edition-on-SGC-1-June-2017.pdf

"Sacgasco interprets 7 stacked target gas reservoir units at the Dempsey prospect where drilling will be designed as a combined appraisal and exploration well, drilled to a total depth of 3,200 metres... The company rates probability of success in a range of 40% to 10% for the individual prospective zones... Individual, un-risked Deterministic Prospective Resources for the primary targets range from 116 Bcf to 352 Bcf of recoverable gas. Should all the stacked reservoirs be full of gas, a cumulative un-risked recoverable Prospective Resource within the prospect could
exceed 1 Tcf."