Pancontinental Energy NL (PCOGF)

[douginil]

April 30, 2016

Quarterly Activities Report by Pancontinental Oil & Gas NL.

Namibia EL 0037 – Tullow enter farmin drilling phase

Operator Tullow notified the Company post quarter end (after an extension of 7 days), that it will continue as a participant in the joint venture and is therefore committed to drilling one exploration well and free-carrying Pancontinental, subject to the identification of a drillable prospect.



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