ExtensionPancontinental Energy NL (“Pancontinental”) is pleased to announce that the Honourable TomK. Alweendo, the Minister of Mines and Energy of Namibia, (“Minister”) has granted to Pancontinental and its joint venture partners Custos and Namcor a second one-year extension to the current, first, four-year period of the offshore Petroleum Exploration Licence 87 (PEL 87). The current Initial Exploration Period will now end on 23rd January 2024.
Ann: Extension Granted & Relinquishment Waived for PEL 87 Namibia, page-19
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Mkt cap ! $178.8M | |||
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