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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 millionn ($9.6 million).

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/12/17

1 year TSR5 year TSR
31stPolarX577%18%
368thRed Emperor Resources15%-14%
419thRed Hill Iron7%-9%
429thPancontinental Oil & Gas6%-45%
558thPlymouth Minerals-12%21%
696 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

22/08/17
$0 Issued
22/08/17
$0 Issued
22/08/17
$56k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

455th↑Pancontinental Oil & Gas$0
460th↑Plymouth Minerals$0
461st↓PolarX$0
463rd↓Red Emperor Resources$0
464th↓Red Hill Iron$0
493 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Pancontinental Oil & Gas

152ndRoy Rushworth$644k
571stErnest Myers$245k
835thVesna Petrovic$150k
Ranked by total remuneration from all listed WA companies

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