PANCONTINENTAL OIL & GAS NL
Pancontinental Oil & Gas NL (ASX:PCL) is a petroleum (oil and gas) exploration Company based in Perth, Western Australia.
The Company’s exploration focus is in Africa where it has excellent exposure to a range of high-potential oil and gas targets. The level of project equity, in addition to the prospectivity in the exploration regions see the Company well placed for exploration success.
Pancontinental is recognised for its:
- High impact asset portfolio
- Early mover advantage; secured acreage prior to areas being recognised as industry hotspots
- Track record of working closely with African governments and local industry
- Strategic negotiation and farmouts; bringing drilling programmes to PCL acreage
- Partnering with major global joint venturers for accelerated project activity
- Prudent capital and exploration risk management
- Pancontinental has mapped extensive high-potential and oil-prone turbidite fan “fairways” in its PEL 87 Block, offshore Namibia.
- PEL 87 covers 10,947 km2 and is highly prospective f…