PCL 11.8% 1.5¢ pancontinental energy nl

chariot increases namibia estimates, page-6

  1. 1,370 Posts.
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    Wasa,
    From what I can see, it looks like PCL is the only Australian company with offshore Namibia oil acreage.
    Page 11 of the November 2010 AGM presentation has a map showing licence locations for all of Namibia:

    http://www.pancon.com.au/investor-centre/company-presentations/reports/PCLPresentation1110.pdf

    And you're right, having East and West Africa (Kenya + Namibia) is a unique opportunity, and it looks like the market is starting to wake up to this and the price re-rating has commenced.
 
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