Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPantheon Resources plc Share News (PANR)

Share Price Information for Pantheon Resources plc (PANR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 25.50
Bid: 25.10
Ask: 25.50
Change: 0.85 (3.45%)
Spread: 0.40 (1.594%)
Open: 25.00
High: 26.00
Low: 24.95
Prev. Close: 24.65
PANR Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

AIM WINNERS & LOSERS: Pantheon falls after Alaska drilling results

Mon, 19th Apr 2021 11:32

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

----------

AIM - WINNERS

----------

Advance Energy PLC, nine times higher at 2.4 pence, 12-month range 0.1p-2.57p. Completes acquisition of an interest in the Buffalo PSC, offshore Timor-Leste. Advance Energy raises GBP21.8 million via 840.1 million share placing at 2.6p per share.

----------

Genedrive PLC, up 74.5p, 12-month range 38.33p-302.60p. The molecular diagnostics firm says it has been successful with its tender into Public Health England under Lot 1 of the National Microbiology Framework. Genedrive says award of a framework contract is not exclusive to the company, nor a guarantee of orders, but it does allow participating authorities to issue call-off orders for products in the future.

----------

D4T4 Solutions PLC, up 9.6% at 350p, 12-month range 160.75p-350p. Following strong second half to the financial year, revenue and adjusted pretax profit expected to be GBP22.8 million and GBP4.2 million respectively, both ahead of the board's prior expectations. "This is a very pleasing result and bears out the confidence we placed in the strength of the pipeline of business opportunities carried into the second half of the year," the data management platform says.

----------

AIM - LOSERS

----------

Pantheon Resources PLC, down 46% at 21.5p, 12-month range 12.35p-48.58p. The oil and gas exploration company says operations at Talitha A well on the Alaska North Slope concluded and suspended for future testing operations. Pantheon Resources says Kuparuk section of well proved more geologically complex than expected. Says it now intends to recommence its farmout strategy to attract a suitable partner to best exploit the Kuparuk across Pantheon's acreage. "Today's news is a tale of two stories. We are of course disappointed not to deliver the high tested flow rates we were hoping for from the Kuparuk. We will continue our analysis of this complex zone as we believe it still offers great potential for our company," says Chief Executive Officer Jay Cheatham.

----------

Purplebricks Group PLC, down 4.0% at 105.60p, 12-month range 31.11p-112.77p. UBS double downgrades online estate agent to Sell from Buy.

----------

By Arvind Bhunjun; arvindbhunjun@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

More News
10 Mar 2016 09:33

BROKER RATINGS SUMMARY: Jefferies Starts Metro Bank With Buy Rating

Read more
9 Mar 2016 09:18

Pantheon Resources Raises More Than Expected From Discounted Placing (ALLISS)

Read more
8 Mar 2016 17:05

Pantheon Resources To Raise USD25 Million To Fund Drilling (ALLISS)

Read more
3 Mar 2016 16:24

Earnings, Trading Statements Calendar - Week Ahead

Read more
2 Mar 2016 09:35

BROKER RATINGS SUMMARY: Goldman Cuts Pearson To Sell From Neutral

Read more
29 Feb 2016 10:42

Panethon Resources Looks To Ramp Up Commercial Production In 2016

Read more
22 Jan 2016 09:23

Pantheon Resources Says Outlook "Remains Extremely Positive"

Read more
12 Jan 2016 10:26

WINNERS & LOSERS SUMMARY: Morrisons Beat, Kantar Survey Lift Grocers

Read more
12 Jan 2016 08:55

Pantheon Resources Works On Remedy After Blockage Hits Texas Well

Read more
3 Dec 2015 10:30

WINNERS & LOSERS SUMMARY: Go-Ahead Boosted By Midlands Franchise Award

Read more
3 Dec 2015 08:16

Pantheon Resources To Flow Test VOS-1 Well After Finishing Drilling

Read more
20 Nov 2015 09:04

Pantheon Resources Full Year Loss Widens In "Transformational" Period

Read more
6 Nov 2015 16:24

Pantheon Resources delayed by unexpected oil find

(ShareCast News) - Shares in Pantheon Resources climbed towards a nine-year high as it unexpectedly struck oil at the second well it has drilled at an onshore East Texas property. During drilling operations at the AIM-listed company's VOS#1 well in Tyler County, which is owned by a 50%-owned Pantheo

Read more
6 Nov 2015 12:11

LONDON MARKET MIDDAY: London And NY Flat Ahead Of US Job Report

Read more
6 Nov 2015 10:45

WINNERS & LOSERS SUMMARY: ICAP Jumps As Tullett Prebon Confirms Talks

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.