Pancontinental Oil & Gas NL (“Pancontinental”) announces the completion of the Kifaru 3D seismic survey data acquisition in its L6 exploration licence area offshore Kenya. The final data acquisition covered 778 sq km over several prospects, including the primary Kifaru Prospect, in the southern portion of the L6 licence area.
Pancontinental has a 40% interest in the L6 licence, with the remaining 60% held by the operator FAR.
The data will now be processed and interpreted and it is anticipated that one or more prospects will be fully defined for drilling, planned for some time in 2013 or early 2014.
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