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How Will Pancontinental’s 12-Month Extension Shape Offshore Namibia’s Future?

9:54am on Wednesday 18th of March, 2026 AEDT Energy
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How Will Pancontinental’s 12-Month Extension Shape Offshore Namibia’s Future?

9:54am on Wednesday 18th of March, 2026 AEDT
Key Points
  • PEL 87 exploration licence extended to January 2027
  • Environmental Impact Assessment underway since mid-2025
  • 3D seismic data reprocessing planned to enhance exploration accuracy
  • Commitment to drill an exploration well during extension period
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