Nov 1 (Reuters) - Raven Energy Ltd REL.AX :
* SIGNS A BINDING SALE AND PURCHASE AGREEMENT WITH PANCONTINENTAL OIL & GAS NL TO ACQUIRE BOMBORA NATURAL ENERGY PTY LTD
* CO WILL ISSUE TO PANCONTINENTAL OIL & GAS NL 295 MILLION FULLY PAID ORDINARY SHARES IN CO AT AN ISSUE PRICE OF $0.0018 PER SHARE