AFRICA

Pancon outlines 8Bbbl Saturn superfan target

PANCONTINENTAL Oil & Gas’ pivot to Californian gas following its merger with John Begg’s Bombora Natural Resources was always going to struggle to shine out from under the shadow of its wildcat Namibian exploration assets, and the definition of a potential 7.8 billion barrels today shows just why.

Saturn is a massive oil target.

Saturn is a massive oil target.

PEL 87 is the company's newest block, and sits in the Orange Basin. Early stage desktop work has defined multiple large leads, including one "vast" Cretaceous-age superfan directly on top of mature...

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