Pancontinental Energy NL announced that SECOND WELL SPUDS OFFSHORE NAMIBIA ON-TREND TO PANCONTINENTAL'S PEL 87 Two wells now drilling on-trend to Pancontinental's giant PEL 87 Saturn oil play Shell has commenced the Graff-1 oil exploration well in the Orange Basin, offshore Namibia using drillship Ensco DS-10 French major Total also now drilling the Venus-1 ultra-deep exploration well.