Pancontinental Seeks PEL 87 Renewal With Firm Well Proposal
Closing price · 2026-10-27: $0.007 · +0.00%
Pancontinental Energy’s wholly owned subsidiary has applied to enter PEL 87’s next exploration period, proposing to reprocess seismic data and drill a firm well within the two-year period, subject to ministerial approval. The company has also engaged DUG Technology for a targeted seismic reprocessing project expected to finish by year-end, with results intended to inform a broader program planned for early next year.