It may be possible Viking Energy are just re-prioritising their exploration investments by not proceeding with Tunisia exploration, but still proceeding with Cadlao more proven project.
Or they may have pulled out of both.
Cadlao has only 6 million barrels of oil; OXX latest well in NZ has a possible 65 million barrels. No wonder everyone is having trouble financing Cadlao.
OXX is an incredibly active company. They would be good to be part of IMO
PKO could be outstanding value at 0.8 cents. Just hope they don’t loose the North Sumatra Block A – over any govt spying fallout.
PKO Price at posting:
0.8¢ Sentiment: None Disclosure: Held