PCL 25.0% 0.3¢ pancontinental oil & gas nl

wpl to spend up to us$100mil

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    The Annual Report released this morning says that PCL Directors believe that WPL could be spending up to US$100mil to earn their 75% interest in their Kenyan blocks-that is if WPL do drill the six wells after doing the seismic.
    That makes PCL's 10% worth US$13.33($A20mil)-but unfortunately it doesn't work like that-but it's interesting.
 
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