Cormorant takes flight

PANCONTINENTAL Oil & Gas has spun up the drillbit for its next game-changing well, Cormorant-1 in West Africa, its maiden drilling program in Namibia after almost a decade of toil working up the offshore plays.

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Drilling has begun off the Namibian Coast.

The drillship Ocean Rig Poseidon arrived at the location yesterday and began drilling today to test one of a series of large Cretaceous-age submarine turbidite fans defined on seismic sitting in some