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Share Price Information for Pantheon Resources plc (PANR)

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Share Price: 27.00
Bid: 27.10
Ask: 27.30
Change: -2.20 (-7.53%)
Spread: 0.20 (0.738%)
Open: 28.00
High: 28.85
Low: 27.00
Prev. Close: 29.20
PANR Live PriceLast checked at -

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IN BRIEF: Pantheon Resources executes contract for Alkaid well spud

Mon, 16th May 2022 19:34

Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Executes contracts for a drill rig to drill the Alkaid-2 well, scheduled to spud in July.

If spudding is successful, Pantheon will start a long term production test and truck and sell the produced oil to a nearby North Slope facility.

The well has several objectives, including the appraisal of the shallower Shelf Margin Deltaic horizon, and the starting of a long-term production test of the Alkaid horizon.

In addition, Pantheon has received plan of operations approval from the state of Alaska on the Alkaid projects.

Current stock price: 132.16 pence

12-month change: up sharply from 30.75p

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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