Friday, October 28, 2016 6:36:03 AM
"The unique times in which we are investing create
both challenges and opportunities. Pancontinental
has maintained its asset portfolio and is in a good
position to create shareholder value particularly from
its upcoming exploration programme in Namibia."
clients2.weblink.com.au/clients/pancon/article.asp?asx=PCL&view=6796599
Review of Operations (p.06)
"The Cormorant Prospect, located on the western side of the north block is the current most likely turbidite drilling target and the main focus of ongoing exploration work."
"Under the terms of the farmout agreement, drilling is required by March 2017, one year earlier than the licence requirement of March 2018."
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