Bullboard - Stock Discussion Forum Pancontinental Energy NL 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... see more

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Pancontinental Energy NL > nice presentation from( Woodside)...PCL

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Post by bazilfawlty on Jul 25, 2023 11:59am

nice presentation from( Woodside)...PCL

https://clients2.weblink.com.au/news/pdf_1/02689834.pdf
Compare the KM2 against the other discoveries....looking HUGE!!!

The recent major discoveries in Namibian Orange Basin highlight PEL 87’s potential for hosting a world-class oil discovery. The scale and resource potential is considered by PCL to be comparable to giant turbidite-associated discoveries with analogous geology offshore Brazil, Guyana, etc. • Venus Fan discovery, offshore Namibia (600 km2) reportedly has estimated recoverable reserves exceeding 3 billion barrels recoverable oil 1 • Jubilee Fan Oil Field (180 km2) offshore Ghana, estimated recoverable reserves of approx. 1 billion barrels recoverable oil 2 • Marlim Oil Field (152 km2) offshore Brazil, estimated to hold approx. 1.7 billion barrels recoverable oil 3 • Saturn exhibits a core area of ~ 2,400 km2, entirely undrilled

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