PEM 0.00% 35.0¢ perilya limited

pem-second well needed

  1. 84 Posts.
    The thinking on pems news today is that it is not commercial but is still positive. Shows the area has gas and that the 3d seismics are proven reliable. The key is whether they decide to put a 2nd well down which may be decided this week. If the second well has a similiar amount of gas shows then commerciality is much closer. With pem it is watch its space.

 
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