Pancontinental Energy NL PCL

Primary Symbol: PCOGF

Energy Oil & Gas E&P

Pancontinental Energy NL is an Australia-based petroleum (oil and gas) exploration company. The Company is focused on conventional oil and gas projects. It has key assets in Africa (Namibia) and Australia (Queensland). The Company’s portfolio includes resource potential, offshore oil projects. The project in Namibia includes Orange Basin PEL 87. The project in Australia includes Onshore Cooper Eromanga Basin, which includes ATP 920 and ATP 924. The Orange Basin PEL 87 is located approximately 10,947 square kilometers in Orange Basin, Offshore Namibia. The ATP 924 is located approximately 2,220 square kilometers in Cooper Eromanga Basin.

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Pancontinental Energy NL

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Post by DartStockon Sep 24, 2010 3:44pm

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Post# 17490346

Shares yield 4.8 percent

Shares of PCL aren't cheap trading at 34 times earnings, but many will like the fact that timber wood is a finite resource that holds its value very well during deflation and inflation. Shares currently yield 4.8%.

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