RNS Out on Todays' Presentation24 Sep 2019 11:32
Pantheon Resources Plc ("Pantheon" or "the Company") confirms it will be hosting a presentation and Q&A session to investors 10.00am BST this morning at the offices of Bryan Cave Leighton Paisner (BCLP), Adelaide House, London Bridge, London, EC4R 9HA. The Company presentation will be made by Bob Rosenthal, Technical Director & Chief Geologist, and Justin Hondris, Director, Finance and Corporate Development.
The Company looks forward to discussing with investors the significant progress made in Alaska since acquiring the Great Bear assets in January of this year. The presentation will cover, amongst other topics, the successful testing of the Alkaid well, confirmed as an oil discovery which increased the combined P50 Technically Recoverable Resource for Alkaid & Phecda from 59mmbo to 90-135mmbo.
The presentation will also discuss the material advancements in its understanding of the Talitha Appraisal (Brookian) and Talitha exploration (Kuparuk) projects. In conjunction with the experts at eSeis, the Company has undertaken a detailed review and analysis of these projects over recent months. The result of this work has increased its understanding of the geology which the Directors believe has the potential to lead to an increase in estimates for oil in place and recoverable resource at Talitha in due course. At this stage the analysis is not complete and therefore there can be no certainty of an increase.
A copy of the presentation will be made available on the Company website following the event.