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Pancontinental Energy Unveils 6.1 Billion Barrel Prospects Amid Permit Uncertainty
8:42am on Friday 30th of January, 2026 AEDT
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Energy
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Pancontinental Energy Unveils 6.1 Billion Barrel Prospects Amid Permit Uncertainty
8:42am on Friday 30th of January, 2026 AEDT
Key Points
Two new prospects added to PEL 87 – Phoebe West and Northern Channel
High case prospective resources now total 6.1 billion barrels net to Pancontinental
Farmout process underway with multiple interested parties evaluating PEL 87
Pending Namibian Ministry approval for 12-month extension of PEL 87 exploration period
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