The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPantheon Res Share News (PANR)

Share Price Information for Pantheon Res (PANR)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 32.65
Bid: 32.45
Ask: 32.80
Change: 0.00 (0.00%)
Spread: 0.35 (1.079%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 32.65
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
8 Apr 2022 14:33

IN BRIEF: 88 Energy rises after positive mapping result at Icewine

88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Says the completed third party preliminary mapping of the Shelf Margin Delta play, where its "neighbour" Pantheon Resource has had success in recent months, indicates that all play fairways extend into its Icewine project. Says that Pantheon confirmed reservoir deliverability of light, sweet oil, which is positive for the prospectivity of the adjacent Icewine acreage. Says the completion of the independent resource update for project Icewine is scheduled for the second quarter.

Read more
31 Mar 2022 13:27

Pantheon Resources reports wider losses as testing continues

(Sharecast News) - Alaskan North Slope-focussed oil and gas explorer and producer Pantheon Resources reported a loss of $4.4m for its first half on Thursday, widening from $3m year-on-year.

Read more
31 Mar 2022 13:04

TRADING UPDATES: Impellam and Maintel in profit; Curtis Banks prospers

(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
24 Mar 2022 12:37

Pantheon upbeat on latest work at Theta West

(Sharecast News) - Alaska North Slope-focussed oil and gas company Pantheon Resources updated the market on work at Theta West on Thursday, reporting that testing of the Lower Basin Floor Fan (LBFF) had started. with the well flowing "high quality oil" to the surface.

Read more
24 Mar 2022 12:07

IN BRIEF: Pantheon Resources rises on good test results at Theta West

Pantheon Resources PLC - London-based oil and has company focused on Alaska - Says that testing of the lower basin floor fan at its Theta West 1 well has started. Says that the well is flowing high-quality oil to the surface that likely exceeds its pre-drill resource estimates of 1.2 billion barrels of oil. Notes that the well delivered oil at rates that averaged over 57 barrels of oil per day with peak rates exceeding 100 barrels of oil per day over 2 and a half days. Over the final day before the shut-in, the well was averaging approximately 59 barrels of oil per day.

Read more
4 Mar 2022 21:44

TRADING UPDATES: Resolute Mining ups mine life and mineral resources

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

Read more
23 Feb 2022 21:37

IN BRIEF: Pantheon Resources reports positive results at Talitha A

Pantheon Resources PLC - London-based oil and has company focused on Alaska - Completed flow testing operations on at Talitha A on Monday. The company perforated two separate five foot intervals at 8,160 to 8,165 feet and 7,855 to 7,860 feet. The two intervals were stimulated and flow tested together, producing 35 to 38 degree American Petroleum Institute oil and averaging 45 barrels of oil per day over a three day test period.

Read more
21 Feb 2022 09:52

Pantheon upbeat on latest flow testing on North Slope

(Sharecast News) - Alaska North Slope-focussed oil and gas company Pantheon Resources updated the market on its operations on Monday, announcing that flow testing operations were complete on the Slope Fan System (SFS) - a Brookian-aged horizon - at Talitha A.

Read more
18 Feb 2022 19:39

IN BRIEF: Pantheon Resources issues shares following loan conversion

Pantheon Resources PLC - London-based oil and gas company with a portfolio focused in Alaska - Issues 1.9 million shares following notice of conversion in respect of USD2 million of the USD55 million unsecured convertible bond.

Read more
15 Feb 2022 22:16

TRADING UPDATES: Tullow faces Norway charge; Light Science wins grant

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Tuesday and not separately reported by Alliance News:

Read more
15 Feb 2022 09:29

Pantheon Resources rises on latest North Slope work

(Sharecast News) - Alaska North Slope-focussed oil and gas company Pantheon Resources said in an update on Tuesday that Theta West 1 had reached total depth at 8,450 feet, having drilled through both the Upper and Lower Basin Floor Fan target horizons, encountering around 1,160 gross feet of oil-bearing reservoir across both.

Read more
7 Feb 2022 11:25

AIM WINNERS & LOSERS: Pantheon Resources rises on Talitha flow rates

AIM WINNERS & LOSERS: Pantheon Resources rises on Talitha flow rates

Read more
7 Feb 2022 11:15

Pantheon Resources jumps on positive results at Talitha A in Alaska

Pantheon Resources jumps on positive results at Talitha A in Alaska

Read more
7 Feb 2022 08:41

Pantheon Resources rockets on latest North Slope testing

(Sharecast News) - Alaskan North Slope-focussed oil and gas company Pantheon Resources updated the market on flow testing at Talitha A on Monday, confirming that testing was now complete on the Lower Basin Floor Fan (BFF) - a Brookian-aged horizon.

Read more
24 Jan 2022 11:27

IN BRIEF: Pantheon Resources spuds Theta West 1 well in Alaska

IN BRIEF: Pantheon Resources spuds Theta West 1 well in Alaska

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.