Sept 13 (Reuters) - Africa Energy Corp AFE.V :
- Says will pay additional $5.5 million to Pancontinental upon spud of first exploration well
- Africa Energy acquires interest in Namibia
- Says announces acquisition of one-third of shares in unit of Pancontinental Oil & Gas N.L.
- Says Africa Energy paid Pancontinental US$2.2 million at closing
- Says partnered with Pancontinental for an effective 10 percent interest in PEL 37 offshore Namibia
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