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The latest announcement is out from Pancontinental Energy NL ( (AU:PCL) ).
Pancontinental Energy NL has made significant progress in its Namibian PEL 87 exploration project, with a defined prospect inventory indicating multi-billion barrel potential. The company is actively engaging in a farmout process to partner with groups possessing deepwater operational expertise, and has applied for an extension of its exploration permit to facilitate ongoing discussions and maximize shareholder value.
More about Pancontinental Energy NL
Pancontinental Energy NL is an energy company focused on oil and gas exploration, particularly in the Namibian region. The company is engaged in the development of its PEL 87 exploration project, leveraging advanced seismic data to identify potential resources.
Average Trading Volume: 6,486,821
Technical Sentiment Signal: Sell
Current Market Cap: A$74.57M
Find detailed analytics on PCL stock on TipRanks’ Stock Analysis page.