LONDON (Alliance News) - Pantheon Resources PLC on Thursday confirmed work has continued in Texas without disruption following the recent death of the head of its partner.
On Tuesday last week, Pantheon said Bobby Gray, the chief executive of Vision Resources, had died suddenly.
Pantheon said it had met with Vision, who have confirmed they fully intend to keep working on the Texas projects, which are located in Tyler and Polk Counties.
However, Pantheon did say the drilling of a sidetrack at the VOBM#1 well may be delayed due to the disruption to Vision's operations.
Shares were 1.3% lower Thursday at 18.25 pence each.
Pantheon Resources plc (PANR)