NAMIBIA; Pancontinenta Provides PEL 87 Update

HIGHLIGHTS Pancontinental Energy has provided the following project update regarding the Company’s PEL 87 exploration permit, offshore Namibia. PEL 87 3D Seismic Survey The 6,872 km 2 PEL 87 3D survey is being acquired by Petroleum Geo-Services’ Ramform Titan survey vessel, providing extremely high efficiency data acquisition … Read More

NAMIBIA: Pancontinental Withdraws from PEL 37 Licence

Pancontinental Energy’s 66.67% subsidiary, Pancontinental Namibia, has decided to withdraw from the process of seeking an extension to the original PEL 37 Licence offshore Namibia. Pancontinental has held the licence since 28th March 2011. Since the withdrawal of farminee … Read More

NAMIBIA: Why PanContinental’s Hopes Linger on Venus -1, Graff-1 Drilling Results

French major TotalEnergies has commenced drilling its ultra-deep Venus-1 well in the Orange Basin offshore Namibia On-trend, Pancontinental has mapped the very large Saturn turbidite complex in PEL 87. Saturn is geologically similar to Total’s Venus Prospect Venus and Saturn overlie the same high-quality mature Oil Source Rock, and both lie immediately … Read More

Pancontinental Oil and Gas seeks farminee in Kenyan blocks

Australian explorer Pancontinental Oil and Gas has said it is seeking farminee for additional drilling post-Sunbird discovery in blocks L10A & L010B. The company that owns 18.75 percent interest in … Read More

Pancontinental considers drilling second well in Kenya’s Block L10A

Australian explorer Pancontinental oil and gas has announced it is considering drilling a second well in the Kenyan block L10A where BG Group is the operator. The new well follows  … Read More

Apache departs from PSC with Pancontinental in Kenya’s Block L8

[twitter-follow screen_name=’oilnewskenya’] Apache has opted out from the production sharing agreement (PSC) with Pancontinental Oil and Gas of Kenya’s offshore Block L8 saying it will not participate in any further … Read More