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 28/02/18

1 year TSR5 year TSR
192ndPancontinental Oil & Gas59%-42%
669thPlymouth Minerals-40%16%
689thPeninsula Mines-43%-17%
745thPegasus Metals-54%-25%
711 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

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


462nd↓Pancontinental Oil & Gas$0
465th↓Pegasus Metals$0
466th↓Peninsula Mines$0
468th↓Plymouth Minerals$0
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Pancontinental Oil & Gas

147thRoy Rushworth$644k
556thErnest Myers$245k
813thVesna Petrovic$150k
Ranked by total remuneration from all listed WA companies

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