Pancontinental Energy NL (AU:PCL) has released an update.
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Pancontinental Energy NL is diligently analyzing a large 3D seismic dataset from the Namibian Orange Basin, which is expected to mature various hydrocarbon play concepts and exploration leads. While technical work is ongoing and no specific details can be disclosed yet, the company suggests that this intensive analysis and pending establishment of a Seismic License Long Stop Date may be driving recent trading activity. They confirm compliance with all ASX Listing Rules, ensuring that shareholders remain informed within regulatory guidelines.
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