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Pancontinental sharpens Namibia targets as PEL 87 renewal advances
9:17am on Friday 30th of October, 2026 AEDT
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Oil and Gas
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Pancontinental sharpens Namibia targets as PEL 87 renewal advances
9:17am on Friday 30th of October, 2026 AEDT
Key Points
PEL 87 renewal application includes a proposed firm well and 4,200 km² of seismic reprocessing
DUG Technology awarded contract to improve seismic data over the Saturn Complex and Northern Channel/Phoebe West
Farm-in discussions continue with multiple potential partners
Namibia’s Orange Basin is moving into a busier phase of drilling, appraisal and seismic activity
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