Pancontinental Oil & Gas Limited (ASX:PCL) Executive Director & CEO, John Begg, provides an update on the company's US projects, Dempsey-1, Tulainyo and offshore in Namibia.
Pancontinental Oil & Gas (ASX:PCL) is a junior oil and gas company with a portfolio of projects, in USA (California) and Africa (Namibia). All of its projects are independent to each other, have low entry costs and can be quick to drill and develop for commercial production.
The company’s large resource potential, offshore oil projects are also funded through their international partners, with three of its projects fully funded.
Pancontinental Oil & Gas’ John Begg CEO & Executive Director talks its projects in California, which can support natural gas flows for commercial development. The company also announces that they also discovered additional zones which have better reservoir characteristics.
To learn more, watch the interview with John Begg.