Pancontinental Energy NL (ASX:PCL)

Ernie Myers
Market Cap (AUD): 42.93M
Sector: Energy
Last Trade (AUD): 0.006 +0 (+0%)
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1. About

Pancontinental Oil & Gas NL (ASX:PCL) is a petroleum (oil and gas) exploration Company based in Perth, Western Australia.

The Company's focus is on conventional reservoirs in areas where it can create exposure to potentially large resources at a modest entry cost. It is pursuing and has secured projects like this onshore in Australia and offshore in Africa (Namibia and Kenya).

Pancontinental is recognised for its:

  • High impact asset portfolio
  • Early mover advantage; secured acreage prior to areas being recognised as industry hotspots
  • Track record of working closely with African governments and local industry
  • Strategic negotiation and farmouts; bringing drilling programmes to Pancontinental's acreage
  • Partnering with major global joint ventures for accelerated project activity
  • Prudent capital and exploration risk management

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk