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Pancontinental relinquishes PEL 37 offshore Namibia, considers bid for new extended Licence

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Namibia: Pancontinental relinquishes PEL 37, offshore Namibia - considers bid for a new extended Licence

Pancontinental has decided to withdraw from the process of seeking an extension to the original PEL 37 Licence offshore Namibia. Pancontinental has now decided to apply for a new longer term licence, based on the facts that the current licence has little time left to do any meaningful work or to attract a farminee. ....

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Pancontinental Energy (ASX:PCL) will not extend PEL 37 licence, offshore Namibia

Pancontinental Energy's (ASX:PCL) Namibian subsidiary will not extend the PEL 37 licence, offshore Namibia, after failing to reach an agreement with its remaining joint venture partner. ....

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