ASX ANNOUNCEMENT 15 AUGUST 2017 HARTLEYS ISSUES REVISED RESEARCH NOTE

Pancontinental Oil & Gas NL (ASX: PCL) (the "Company") is pleased to advise that Hartleys Limited has issued an update to their research on the Company following recent announcements of the Dempsey-1 Well which spudded on 2 August, in the northern Sacramento Gas Basin of California.

To view a copy of the research note, entitled "East not being outdone by West" please visit our website at:

www.pancon.com.au

For and on behalf of

Pancontinental Oil & Gas NL John Begg Executive Director & CEO

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Head Office - Level 1, 10 Ord Street, West Perth, Western Australia 6005 Postal Address - PO Box 1154, West Perth, Western Australia 6872 Telephone +61 8 6363 7090 Facsimile +61 8 6363 7099 ACN 003 029 543

www.pancon.com.au

Pancontinental Oil & Gas NL published this content on 15 August 2017 and is solely responsible for the information contained herein.
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