Projects Snapshot Masthead

Project Snapshot

Africa

Namibia Walvis Basin PEL 37

Location:
Walvis Basin, Offshore Namibia
Project Size:
17,295 square kilometres
Joint Venture Partners:
  • Tullow Namibia Limited (Operator) 35.00%
  • ONGC Videsh Limited 30.00%
  • Pancontinental Oil & Gas Group 20.00%
  • Africa Energy Corp. 10.00%
  • Paragon Oil & Gas (Pty) Ltd 5.00%
Geology:
An "Oil Mature Fairway" has been interpreted which extends through PEL 37. Pancontinental believes that PEL 37 is well positioned in an oil generating "sweet spot" where oil prone source rocks are sufficiently buried to generate oil.

A number of ponded turbidite, slope turbidite, basin floor turbidite fans and channels forming very large leads and prospects closely associated with, and within the Inner Graben of PEL 37 have been identified and mapped.

Namibia Orange Basin PEL 87

Location:
Orange Basin, Offshore Namibia
Project Size:
10,947 square kilometres
Joint Venture Partners:
  • Pancontinental Orange Pty Ltd 75.00%
  • Custos Investments (Pty) Ltd 15.00%
  • National Petroleum Corporation of Namibia (NAMCOR) 10.00%
Geology:
Pancontinental believes that PEL 87 is highly prospective for oil, with high quality mature oil source rocks and the potential for very large oil traps.

Water depths are between 500m and 3,200 m and the area is on trend with the actively explored Total / Impact Oil and Gas deepwater block, the subject of a farmin by Total in October 2017.

Pancontinental has a large interest in this area. Preliminary mapping already shows evidence of traps in large turbidite fan plays .

Kenya Lamu Basin L6

Location:
Lamu Basin, Onshore and Offshore Kenya
Project Size:
5,010 square kilometres
Joint Venture Partners:

Offshore

  • FAR Limited (Operator) 60.00%
  • Pancontinental Oil & Gas Group 40.00%
  • Milio International Group 0.00%

Onshore

  • FAR Limited (Operator) 24.00%
  • Pancontinental Oil & Gas Group 16.00%
  • Milio International Group* 60.00%

* after earn in

Geology:
A deep central graben in this area is considered to be an oil and gas "source kitchen" and potential hydrocarbon trapping prospects have been identified adjacent to this area.

The Kifaru Prospect and Kifaru West Prospects are interpreted to be large stacked Miocene reefs, with interpreted good lateral and top seals and close proximity to mature Eocene source rocks.

The Tembo Prospect is a large tilted fault block trap, with interpreted sandstone reservoirs at a number of levels.

Australia

Australia Queensland Cooper Eromanga Basin

Location:
Cooper Eromanga Basin
Project Size:
ATP 920 - 2,337 km2 ATP 924 - 2,220 km2
Joint Venture Partners:
  • ATP 920 Key Petroleum Limited 80.00%
  • ATP 920 Pancontinental Oil & Gas NL ** 20.00%
  • ATP 924 [Ace Area] Key Petroleum Limited 75.00%
  • ATP 924 [Ace Area] Pancontinental Oil & Gas NL ** 25.00%

**earning

Geology:
The farmin acreage being acquired by Pancontinental contains conventional trends prospective for both oil and gas with initial, drilling focus to be on the oil prone acreage.

Additional, potentially large volume prospectivity for unconventional gas is present within the acreage but has yet to be fully evaluated and documented.

Contact Us

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WEST PERTH WA 6005

T: + 61 8 6363 7090
F: + 61 8 6363 7099

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