Pancontinental Energy NL
PCOGF
Other OTC0.01
USD
- -
- -
ISIN
AU000000PCL4
Return %
Stock
S&P500
1Y
53.85
26.53
3Y
-14.29
76.60
5Y
1,614.29
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Iain Peter Smith
- Full Time Employees
- 5
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 30 Richardson Street West Perth WA Australia 6005
- IPO Date
- Oct 14, 2009
- Website
- pancon.com.au
- Similar Companies
- Business
- Pancontinental Energy NL (ASX: PCL; OTC: PCOGF) is an Australia-based petroleum exploration company focused on conventional oil and gas projects in frontier basins; it holds a 75% operating interest in the PEL 87 offshore license covering 10,970 square kilometers in Namibia's Orange Basin, which features the Saturn Complex with estimated gross mean recoverable resources of 20 billion barrels and an inventory of intra-Saturn leads and prospects comparable to nearby discoveries; the company also maintains interests in onshore permits including ATP 920 and ATP 924 in Queensland, Australia. Founded in 1985 and headquartered at Level 2, 30 Richardson Street, West Perth, Western Australia, Pancontinental targets large-scale resource potential at modest entry costs through strategic joint ventures with local partners such as NAMCOR (10% in PEL 87) and Custos Investments (15%). Recent developments include the completion of a $35 million 3D seismic survey fully funded by Woodside Energy in PEL 87, which generated 6,593 square kilometers of high-quality data revealing significant prospectivity; Woodside elected not to exercise its option to farm-in for a 56% interest by the May 18, 2025 long-stop date, prompting Pancontinental and partners to actively seek an alternate farm-in partner to fund exploration drilling; in October 2025, the company applied for a 12-month extension of PEL 87 from Namibia's Ministry of Mines and Energy; and for the fiscal year ended June 30, 2025, it reported a net loss of $1.75 million while advancing seismic interpretation, regulatory preparations, and new venture opportunities.