It will be Petrel Warrego, not AWE. (Too bad we had to keep Petrel in there lol). Still time to change that though. Biggs sold AWE for over 600 mill to mitsui after his big discovery in the Perth basin. PRL has a huge Perth basin holding which is why one reason I reckon this merger has come about. Snagging those blocks was DC i presume, so credit due there. Better deal maker than an operator...lol
But let's hope it's another AWE!!
PRL Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held