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The second installment of cash will come when the company begins drilling its next well. Photo: Attila Csaszar

Pancontinental in $US7.7m Namibian deal

Shares in West Perth-based energy hopeful Pancontinental Oil & Gas were up 33 per cent today after the company sold part of its stake in a Namibian offshore exploration licence to Africa Energy for $US7.7 million ($9.6 million).

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/12/18

1 year TSR5 year TSR
369thSanta Fe Minerals-18%-7%
501stRox Resources-36%-23%
600thPancontinental Oil & Gas-50%-49%
651stRiversgold-55%
727thRMA Energy-67%-30%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

18/09/18
$264k Other
18/09/18
$264k Bought
18/09/18
$523k Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

473rd↓Pancontinental Oil & Gas$0
480th-Riversgold$0
481st↓RMA Energy$0
483rd↓Rox Resources$0
484th-Santa Fe Minerals$0
513 listed resources companies ranked by revenue.
Source: Morningstar

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