<- Go home

Added to YB: 2025-05-01

Pitch date: 2025-04-29

PCL.AX [bullish]

Pancontinental Energy NL

Author Info

Company Info

Pancontinental Energy NL engages in the exploration of oil and gas properties in Namibia and Australia.

Market Cap

AUD 65.1M

Pitch Price

AUD 0.01

Price Target

N/A

Dividend

N/A

Sector

Oil, Gas and Consumable Fuels

Category

value

Show full summary:
Pancontinental Energy: Asymmetric Situation

PCL.AX: 75% operator interest in Orange Basin PEL 87 (Saturn Superfan) at 41M USD market cap. After Woodside exit, in stronger farmout negotiating position with 3D seismic complete and high prospective resource estimates (1.2B barrels P50). Only advanced Orange Basin block not held by major. Better risk/reward vs competitors at 17x lower valuation.

Read full article (11 min)