Pancontinental Energy NL (PCOGF)

[kayakbob223]

From Yahoo "In Play' news.
Not one of our blocks, but nearby.
Bob
7:16AM Anadarko Petro provides East Africa exploration update; Orca-1 discovery well encountered ~ 190 net feet (58 meters) of natural gas pay in a Paleocene fan system (APC) 79.45 : Co announced the discovery of a new natural gas accumulation fully contained within the Offshore Area 1 of the Rovuma Basin of Mozambique. The Orca-1 discovery well encountered approximately 190 net feet (58 meters) of natural gas pay in a Paleocene fan system. The Orca-1 exploration well was drilled to a total depth of approximately 16,391 feet (4,996 meters), in water depths of approximately 3,481 feet (1,061 meters). Co is the operator in the Offshore Area 1 with a 36.5% working interest. Co also completed drilling its Kubwa well in the L-07 Block offshore Kenya, which encountered non-commercial oil shows in reservoir-quality sands. Co operates the L-07 Block with a 50% working interest