found these links.
is Pancontinental Oil & Gas NL a good buy on the back of this?
http://www.gulfoilandgas.com/webpro1/MAIN/Mainnews.asp?id=5743
Key Petroleum signed a Consortium Agreement with Pancontinental Oil & Gas NL for joint petroleum exploration activities offshore Namibia. Key and Pancontinental believe that the area holds significant oil exploration potential and have been jointly studying existing regional geological and seismic data for some time.
http://www.oilvoice.com/n/Energulf_to_Commence_Drilling_on_Block_1711_Offshore_Namibia/f2c7152b.aspx
The costs to drill this well to the targeted total depth of 4,400 meters below sea level, are estimated to be approximately US$50 million and an additional approximate US $9 million
found these links.is Pancontinental Oil & Gas NL a good buy on...
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