PANCONTINENTAL ENERG

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Pancontinental Oil & Gas NL : Presentation to the Africa Oil & Gas Conference

09/02/2019 | 03:17am

AFRICA OIL & GAS EXPLORATION

Africa Oil Gas and Energy

Australia Conference

September 2019

Disclaimer

These materials are strictly confidential and are being supplied to you solely for your information and should not be reproduced in any form, redistributed or passed on, directly or indirectly, to any other person or published, in whole or part, by any medium or for any purpose. Failure to comply this restriction may constitute a violation of applicable securities laws.

These materials do not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for, or any offer to underwrite or otherwise acquire any securities, nor shall any part of these materials or fact of their distribution or communication form the basis of, or be relied on in connection with, any contract, commitment or investment decision whatsoever in relation thereto. The information included in the presentation and these materials is subject to updating, completion, revision and amendment, and such information may change materially. No person is under any obligation to update or keep current the information contained in the presentation and these materials, and any opinions expressed in relation thereto are subject to change without notice.

The distribution of these materials in other jurisdictions may also be restricted by law, and persons into whose possession these materials come should be aware of and observe any such restrictions.

This presentation includes forward-looking statements that reflect the company's intentions, beliefs or current expectations. Forward looking statements involve all matters that are not historical fact. Such statements are made on the basis of assumptions and expectations that the Company currently believes are reasonable, but could prove to be wrong. Such forward looking statements are subject to risks, uncertainties and assumptions and other factors that could cause the Company's actual results of operations, financial condition, liquidity, performance, prospects or opportunities, as well as those of the markets it serves or intends to serve, to differ materially from those expressed in, or suggested by, these forward-looking statements. Additional factors could cause actual results, performance or achievements to differ materially. The Company and each of its directors, officers, employees and advisors expressly disclaim any obligation or undertaking to release any update of or revisions to any forward-looking statements in the presentation or these materials, and any change in the Company's expectations or any change in the events, conditions or circumstances on which these forward-looking statements are based as required by applicable law or regulation.

The resources referred to in this presentation were announced on 11 September, 2018 (PEL 87).

The estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both an associated risk of discovery and a risk of development. Further exploration appraisal and evaluation is required to determine the existence of a significant quantity of potentially moveable hydrocarbons.

The company confirms that it is not aware of any new information or data that, in its opinion, materially affects the information included in the relevant market announcement and that all the material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed.

By accepting any copy of the materials presented, you agree to be bound by the foregoing limitations.

Statements made in this presentation on information compiled by Mr Barry Rushworth, Director of Pancontinental Oil & Gas NL. Mr Rushworth has the relevant degree in geology and has been practising petroleum geology for more than 35 years. Mr Rushworth has consented in writing to the inclusion of the information stated in the form and context in which it appears.

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PANCONTINENTAL CORPORATE SNAPSHOT

CORPORATE OVERVIEW

  • Issued Share Capital 5.41 billion

Options

422 million *

Share Price

0.2 cents

Market cap

A$10.8 million

*Exercisable @ between $0.004 & $0.006

Directors

David Kennedy (Chairman)

Ernie Myers (CEO)

Vesna Petrovic (CFO & Company Secretary)

Marie Malaxos

Barry Rushworth

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PANCONTINENTAL'S COMMERCIAL AIMS

In Africa Pancontinental mixes with the big players‐

  • Created projects with farminees and JV partners ‐ Woodside, Origin, BG Group, Anadarko, Apache, Tullow, ONGC Videsh, Africa Energy, PTTEP (Thailand) etc……
  • Participated in finding the first ever Oil and Gas offshore Kenya with the Mbawa‐1 well
  • Founded the Namibian PEL 37 project, with recent Cormorant drilling
  • Recently created the extraordinary Saturn project in Namibia PEL 87

In Africa Pancontinental aims to ‐

  • Keep sourcing World-Scale Oil & Gas opportunities
  • Continue to lead the Majors into New Frontiers
  • Continue to create World‐Scale commercial opportunities for its Shareholders

In Australia Pancontinental aims to‐

  • Secure exploration opportunities in more mature commercial environments
  • Use "fresh eyes" in mature exploration environments
  • Establish a "Base Load" revenue stream

PANCONTINENTAL'S COMMERCIAL AIMS

In Africa Pancontinental mixes with the big players‐

  • Created projects with farminees and JV partners‐ Woodside, Origin, BG Group, Anadarko, Apache, Tullow, ONGC Videsh, Africa Energy & PTTEP (Thailand)
  • Participated in finding the first ever Oil and Gas offshore Kenya with the Mbawa‐1 well
  • Founded the Namibian PEL 37 project, with recent Cormorant drilling
  • Currently seeking a farmin partner for the Saturn project in Namibia PEL 87

In Africa Pancontinental aims to‐

  • Continue to look for World-Scale Oil & Gas opportunities
  • Leverage off our long‐term commitment to Africa
  • Maintain our focus on generating commercial opportunities for our Shareholders & Partners

In Australia Pancontinental aims to‐

  • Secure exploration opportunities in more mature commercial environments
  • Use "fresh eyes" in mature exploration environments
  • Establish a "Base Load" revenue stream

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

Pancontinental Oil & Gas NL published this content on 02 September 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 September 2019 07:16:08 UTC

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