Das nächste Projekt kommt in Wallung....es könnte hier noch ein richtiges Kursfeuerwerk geben.
Kenya L6 Force Majeure
Pancontinental Oil & Gas (ASX: PCL) has today been advised by Flow Energy (Flow), the operator of Kenya Permit L6, that Flow have claimed force majeure under the Production Sharing Contract for the period commencing on 19 January 2010.
The force majeure has arisen from restrictions placed on Flow accessing the Kipini Conservancy Trust areas for the purposes of undertaking an Environmental Impact Assessment (EIA) and during the period pending final approval of the EIA. Flow is now awaiting the National Environment Management Authority acceptance and approval of the EIA. Flow further advises that they will serve notice as soon as the force majeure event has ceased to exist and when they can resume the work program under the Production Sharing Contract.Pancontinental has a 40% interest in Kenya L6 and Flow is the operator with a 60% interest.
For an don behalf of Pancontinental Oil & Gas NL
Ernie Myers Director