EXPLORATION

Pancontinental ups stake in Carnarvon permits

PANCONTINENTAL Oil & Gas has increased its interest in two prospective onshore and offshore permits in the Carnarvon Basin following the withdrawal of Carnarvon Petroleum.

Carnarvon Petroleum held a 35% interest in both EP 424 and EP 110 in Western Australia but opted to withdraw from the permits due to its exploration portfolio commitments. In its recent quarterly report,...

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