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Pin to quick picksPantheon Resources plc Share News (PANR)

Share Price Information for Pantheon Resources plc (PANR)

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Share Price: 27.80
Bid: 27.50
Ask: 27.80
Change: -3.75 (-11.89%)
Spread: 0.30 (1.091%)
Open: 31.55
High: 31.55
Low: 27.70
Prev. Close: 31.55
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IN BRIEF: Pantheon Resources finishes stimulation phase at Alaska well

Tue, 27th Sep 2022 06:59

Pantheon Resources PLC - London-based oil and gas company focused on Alaska - On Monday says the completion and stimulation phase at Alkaid #2 well in Alaska has concluded ahead of flow testing. It will install production tubing prior to starting flow testing operations.

Says to prepare for the flow testing, Pantheon has applied to the Alaska Oil & Gas Conservation Commission for a long-term pilot production test with a hearing set for October 27 to consider gas flaring at the Alkaid #2 well. The purpose of the long-term pilot production test of the Alkaid interval is to "gather data necessary to understand the characteristics of production from that reservoir", Pantheon notes.

Chief Executive Officer Jay Cheatham says: "Pantheon has now drilled a horizontal well exceeding 5,000 feet through our target formation from a gravel pad along the Dalton Highway [in Alaska] and successfully executed 30 stimulation treatments over that horizontal length."

Current stock price: 94.50 pence

12-month change: up 51%

By Xindi Wei; xindiwei@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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IN BRIEF: Pantheon appoints David Hobbs as chair, after Globe retires

Pantheon Resources PLC - Oil and gas company focused on onshore operations in the US - Says Chair Phillip Globe intends to retire. The board has chosen David Hobbs, who joined the board in a strategic capacity in March, as the new chair. He will become executive chair upon the execution of an employment agreement.

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8 Jun 2023 10:12

Pantheon appoints new exec chair as Gobe retires

(Sharecast News) - Alaska-focussed oil and gas company Pantheon Resources revealed some significant changes to its board of directors on Thursday.

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1 Jun 2023 14:59

Pantheon Resources awarded almost 40,000 acres in Alaska

(Sharecast News) - Oil and gas company Pantheon Resources announced the formal acceptance and payment for the award of 39,540 acres by the Alaskan Department of Natural Resources (DNR) on Thursday.

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1 Jun 2023 13:43

Pantheon Resources accepts and pays for 39,540 acre Alaska lease

(Alliance News) - Pantheon Resources PLC on Thursday said it has accepted and paid for the award of 39,540 acres from the State of Alaska Department of Natural Resources.

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23 May 2023 18:04

IN BRIEF: Pantheon says 95.3 million shares to be admitted to AIM

Pantheon Resources PLC - oil and gas company focused on onshore operations in the US, including several large projects on Alaska's North Slope - Further to fundraise announced on May, says 95.3 million shares will be admitted to AIM on May 24. The balance of 8.8 million shares will be admitted to trading once the outstanding subscription funds are received which is expected over the coming days. Company raised around USD22 million via the placing, subscription and retail offer at a price of 17 pence per share.

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17 May 2023 19:49

IN BRIEF: Pantheon raises USD22 million in oversubscribed fundraise

Pantheon Resources PLC - oil and gas company focused on onshore operations in the US, including several large projects on Alaska's North Slope - Reports the fundraise announced Tuesday was oversubscribed. Decides to increase the size of the fundraise, which when combined with the retail offer, raised gross proceeds of around USD22 million. Notes a total of around 104 million shares have been placed and subscribed for in the placing, subscription and retail offer at a price of 17 pence per share. Additional funds raised will be applied towards general corporate purposes.

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16 May 2023 21:10

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21 Apr 2023 12:45

Pantheon Resources "pleased" by 88 Energy well data exchange results

(Alliance News) - Pantheon Resources PLC said on Friday that it was "pleased" by the preliminary findings of its data exchange with 88 Energy Ltd, which Pantheon Resources said provided "valuable data" on its southern lease boundary.

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21 Apr 2023 08:28

Pantheon enters data exchange deal with 88 Energy

(Sharecast News) - Oil and gas company Pantheon Resources updated the market on its oil projects spanning 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope (ANS) on Friday.

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31 Mar 2023 18:49

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31 Mar 2023 15:20

Pantheon Resources losses narrow as it reassures over Alkaid

(Sharecast News) - Oil and gas explorer and producer Pantheon Resources reported an interim loss of $1.6m on Friday, narrowing from $4.4m year-on-year.

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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6 Mar 2023 15:23

Pantheon returns Alkaid 2 well to production testing

(Sharecast News) - Alaska North Slope-focussed oil company Pantheon Resources said in an update on Monday that the Alkaid 2 well has returned to production after the cleanout of the sand blockage in the final 1,000 feet of the wellbore.

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