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Pancontinental Oil & Gas (PCOGF)

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Last Post: 7/17/2017 6:33:21 AM - Followers: 18 - Board type: Free - Posts Today: 0


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.
      
Pancontinental to Acquire Bombora Natural Energy (06/07/2017)
Pancontinental Oil & Gas NL has executed a Binding Heads of Agreement to acquire Bombora Natural Energy Pty Ltd, an oil and gas Explorer
focused on the onshore Sacramento Gas Basin and the Perth Basin - Pancontinental will secure the right to interests in near-term Projects that are close
to strong gas markets and existing infrastructure and with the potential for rapid development and early production - The Company plans to participate in
two high-potential wells later in 2017, targeting a large 3D defined structure with multiple Reservoir objectives under an existing gas field,
and an appraisal well on a large untested high pressure gas discovery



 PCL (ASX in AUD)                                                                Brent Oil (Sep 17)                                      
   \
ASX Code: PCL
Shares Outstanding: ~ 4,852m
Market Capitalisation: US$7.7m (@ AUD 0.002/share - 07/18/2017)

Pancontinental O&G Investor Presentation - June 2017
ASX Releases on Pancontinental Oil & Gas

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PostSubject
#811   Cashed up ($2m) und Drill Ready (late July) DrillaHill 07/17/17 06:33:21 AM
#810   Well things start to move for Pancon and Tamtam 07/13/17 02:35:58 AM
#809   Completion of Bombora Acquisition & $2m Capital Raising DrillaHill 07/12/17 02:03:26 AM
#808   Yep, Still stock should get a small pop here, Never madmax 07/06/17 12:16:41 PM
#807   I'm not sure if the "relation to a Tamtam 07/06/17 06:34:29 AM
#806   PCOGF CLOSED .003 in aussie market before halt madmax 07/06/17 02:56:55 AM
#805   https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYC5wy%2Bw madmax 07/06/17 02:54:35 AM
#804   Dempsey 1tcf well with COS up to 40% DrillaHill 07/05/17 06:37:14 AM
#803   a must read now : mmafr 07/05/17 04:48:20 AM
#802   1st well in Sacramento Basin Drill Program planned mmafr 07/05/17 04:45:48 AM
#801   Ownership is getting very interrelated with Africa Energy douginil 07/04/17 10:47:39 AM
#800   Remember AEC? Expect PCL to strike a much DrillaHill 07/04/17 04:17:41 AM
#799   Great news indeed, so finaly they can start Tamtam 07/04/17 02:29:30 AM
#798   Great News!!! Tullow enters into Namibia farmout deal: DrillaHill 07/04/17 02:11:31 AM
#797   Thanks DH for posting the link. douginil 06/28/17 08:24:11 AM
#796   Pancontinental O&G Investor Presentation - June 2017 DrillaHill 06/28/17 06:00:03 AM
#795   Nice to see there will be an appraissal Tamtam 06/24/17 02:58:33 AM
#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
PostSubject