AUSTRALIA

Apache withdrawal not the end

PANCONTINENTAL Oil & Gas has retained its speculative buy rating from Hartley's, despite the fact Apache withdrew from the L8 permit in Kenya.

Apache withdrawal not the end

Hartley's said it was part of Apache's grand cost-cutting plans after the Mbawa-1 well in the same licence also failed to find any commercial hydrocarbons last year. Pancontinental's share price took...

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