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Pancontinental Oil & Gas (PCOGF)

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Last Post: 6/23/2017 3:09:02 AM - Followers: 18 - Board type: Free - Posts Today: 1


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 Oil & Gas NL: Home
View Projects in Namibia

View Projects in Kenya
Namibia 3D seismic prospects


Tullow has reportedly committed to drilling an exploration well offshore Namibia by late March 2017 (Pancontinental O&G 30% free carried)
Barry Rushworth, CEO and Director of Pancontinental said: “Tullow’s decision to stay in PEL 37 for drilling is a huge stamp of approval for this project,
particularly in the current industry climate. Tullow is a first-class Operator and we are delighted that Tullow has decided to stay in PEL 37 for drilling.
Offshore Namibia, virtually all of the acreage is taken up under exploration licences. With such a high level of industry interest it is widely thought that
offshore Namibia will become a next major focus of African oil exploration. In PEL 37, Pancontinental has a strong 30% carried interest in a very large
licence area in a prime geological setting, with a variety of Prospects already mapped on 3D seismic and more anticipated as exploration continues.”

"Pancon has sought an update from Tullow" (04/04/17)
Namibia PEL 37 Update (04/04/17)
Under the Farmout Agreement between Tullow Kudu Limited, (now Tullow Namibia Limited) (“Tullow”) and Pancontinental Namibia Pty Ltd (“Pancon”)
dated 5 September 2013, the drilling of the first exploration well was to commence no later than 27 March 2017 provided a drillable prospect had been
identified from the 2D and 3D seismic surveys. Although Pancon considers that a drillable prospect has been identified within PEL-37, Tullow considers
that further work is required to identify a drillable prospect. Pancon has sought an update from Tullow on the current status of that ongoing work and
will report on that update when it is received, which Tullow has informed Pancon will be, during the first half of 2017.
      

 PCL (ASX in AUD)                                                                Brent Oil (Jun 17)                                      
   \
ASX Code: PCL
Shares Outstanding: 2,051m
Market Capitalisation: US$4.6m (@ AUD 0.003/share - 31/03/2017)

Pancontinental O&G Investor Presentation - November 2016

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PostSubject
#794   Large Conventional Gas Resource Potential in Tulainyo Gas DrillaHill 06/23/17 03:09:02 AM
#793   Nice to see some sort of activity. douginil 06/07/17 04:13:31 PM
#792   We've seen Australian acreage in the past which Tamtam 06/07/17 06:01:59 AM
#791   Pancontinental to Acquire Bombora Natural Energy mmafr 06/07/17 03:21:04 AM
#790   Agree fingers crossed. Now just drill and all Tamtam 05/19/17 06:37:01 AM
#789   Tullow on Namibia: "Being matured for future drilling" DrillaHill 05/17/17 03:11:32 AM
#788   Interesting who is presenting successively at the AfricaConference DrillaHill 05/07/17 03:00:08 AM
#787   Namibia Update from Tullow expected in June quarter DrillaHill 05/03/17 04:51:27 AM
#786   More dilution :-( Tamtam 04/10/17 01:57:56 AM
#785   Pancontinental to raise up to $1.83 million (04/10/17) DrillaHill 04/09/17 11:16:07 PM
#784   correct they want to share the costs of DrillaHill 04/06/17 08:29:17 AM
#783   Agree, if Tullow decides to drill but I Tamtam 04/06/17 06:06:50 AM
#782   Trading Halt in relation to a capital raising DrillaHill 04/06/17 02:16:42 AM
#781   "Tullow is seeking a co-venturer for Namibian Blocks" DrillaHill 04/05/17 01:14:30 AM
#780   Thanks DrillaHill for keeping us up to date. douginil 04/04/17 08:15:53 AM
#779   "Pancon has sought an update from Tullow" (04/04/17) DrillaHill 04/04/17 05:25:48 AM
#778   Well this is a disapointment douginil 03/31/17 09:04:28 AM
#777   not so good because PCL needs cash to DrillaHill 03/31/17 02:31:34 AM
#776   Now what about the Agreement with Tullow to DrillaHill 03/31/17 02:27:07 AM
#775   I'm not sure if we can see this Tamtam 03/31/17 02:19:15 AM
#774   Agreement with AEC on 10% Namibia Farm-in terminanted DrillaHill 03/31/17 01:55:31 AM
#773   Still trading at all time lows here - DrillaHill 03/06/17 03:11:13 AM
#772   TULLOW O&G 2016 results Conference Call (02/09/2017) mmafr 02/13/17 03:32:21 AM
#771   Thanks DH douginil 02/09/17 12:32:22 PM
#770   Nice Tamtam 02/09/17 03:03:12 AM
#769   Still no mention on a Drill Date but DrillaHill 02/09/17 02:26:20 AM
#768   Still need confirmation from Tullow on the Drilling DrillaHill 01/29/17 10:21:53 AM
#767   So it appears drilling is scheduled for March redtxdog 01/18/17 09:41:54 AM
#766   Wonder why Tamtam 01/16/17 06:18:47 AM
#765   Trading Halt ! mmafr 01/16/17 04:49:47 AM
#764   "..in order to avoid a possible default situation.." DrillaHill 01/05/17 05:25:31 AM
#763   Thanks DH douginil 01/02/17 09:21:18 AM
#762   Tullow Oil: Operational Update 01/11/2017 # fingers crossed DrillaHill 01/02/17 05:48:45 AM
#761   Thanks TT douginil 12/29/16 08:13:26 PM
#760   Latest news http://clients2.weblink.com.au/news/pdf_2%5C01814137.pdf Tamtam 12/29/16 07:37:15 PM
#759   I've followed AOI when they made their first DrillaHill 12/01/16 02:23:48 AM
#758   Africa Energy Corp (formerly Horn Energy) is douginil 11/30/16 07:36:57 PM
#757   Chairman's Address to Shareholders, Annual General Meeting Presentation DrillaHill 11/30/16 04:10:10 AM
#756   Africa Energy Corp. Farms-In to Namibia PEL 37 DrillaHill 11/30/16 03:51:54 AM
#755   Hope so too! high risk, high potential reward DrillaHill 11/28/16 04:00:45 AM
#754   Thanks DH. Certainly hope this is douginil 11/25/16 11:50:29 AM
#753   link should work ? (pdf), ... DrillaHill 11/25/16 02:09:25 AM
#752   Thanks DH douginil 11/24/16 08:42:43 AM
#751   Pancontinental O&G Investor Presentation (11/21/2016) DrillaHill 11/24/16 07:50:56 AM
#750   Thanks for the info Tamtam 11/03/16 07:15:59 AM
#749   PCL Quarterly Activities Report - 31 October, 2016 DrillaHill 11/03/16 03:43:27 AM
#748   From FAR’s July1 - Sept 30, 2016 Quarterly report douginil 10/31/16 08:44:55 AM
#747   Pancontinental O&G Annual Report to Shareholders - 10/28/2016 DrillaHill 10/28/16 06:36:03 AM
#746   We're hunting for seabirds, but the big ones DrillaHill 10/23/16 02:09:04 AM
#745   Hi EF HUNTERS! Looking to buy PCOGF after many madmax 10/21/16 08:13:22 PM
PostSubject