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Pancontinental Announces Tulainyo Gas Appraisal Well Drilling Update

Pancontinental Oil & Gas NL (ASX:PCL) (“Pancontinental” or “Company”) is pleased to provide the following operations update for the Tulainyo 2-7 gas appraisal well in the Sacramento Gas Basin, California.

Steady progress is being made with the well which is currently at a depth of 3410 feet and progressing according to plan. The well has a planned total, measured depth of approximately 5,600 feet (1,700 metres).

Further progress announcements will be made in due course.


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