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Pancon gains cash injection

AFRICA Energy Corporation has agreed to join Tullow Oil and Aussie junior Pancontinental Oil & Gas in the drilling of the first well planned for offshore Namibia in several years.

Pancon gains cash injection

  Pancontinental is already being carried through the well by Tullow, but the entry of AEC brings $US6.5 million ($A8.5 million) in a much needed cash injection given the debt-free junior had less than...

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