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Pancontinental’s Namibia prize grows, but funding remains the decisive test

8:11am on Thursday 29th of October, 2026 AEDT • Energy
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Pancontinental’s Namibia prize grows, but funding remains the decisive test

8:11am on Thursday 29th of October, 2026 AEDT
Key Points
  • PEL 87 prospective resources rise to 2.704 billion barrels net at the best estimate
  • Northern Channel and Phoebe West added to the prospect inventory
  • DUG Technology awarded a pilot seismic reprocessing program
  • Cash stood at $2.34 million after $1.13 million of operating outflows
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