Pancontinental Oil & Gas NL (ASX: PCL) is a petroleum (oil and gas) exploration Company based in Perth, Western Australia.
The Company’s focus is on conventional reservoirs in areas where it can create exposure to potentially large resources at a modest entry cost. It is pursuing and has secured projects like this onshore in Australia and offshore in Africa (Namibia and Kenya).
Pancontinental is now recognised for its:
- High impact asset portfolio
- Early mover advantage; secured acreage prior to areas being recognised as industry hotspots
- Track record of working closely with African governments and local industry
- Strategic negotiation and farmouts; bringing drilling programmes to Pancontinental’s acreage
- Partnering with major global joint ventures for accelerated project activity
- Prudent capital and exploration risk management