Last checked at 14 Jul 2023 09:30
14 July, 2023
Pantheon Resources Plc
Investor Presentation via Investor Meet Company
Pantheon Resources plc ("Pantheon" or the "Company" or the "Group"), the AIM-quoted oil company with 100% working interest in the Ahpun and Kodiak oil fields situated on approximately 193,000 acres located adjacent to transportation and pipeline infrastructure on State Land on the Alaska North Slope and with management estimate of approximately 2 billion barrels of recoverable resource, is pleased to announce that David Hobbs, Executive Chairman, Jay Cheatham, CEO, Tony Beilman, Sr VP Engineering, and Michael Duncan, VP Operations, will provide a live presentation relating to the Alkaid-2 well results and Ahpun development via Investor Meet Company on 19th July 2023 at 5:00pm BST.
The session is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet PANTHEON RESOURCES PLC via:
https://www.investormeetcompany.com/pantheon-resources-plc/register-investor
Those already registered with Investor Meet Company and following Pantheon Resources PLC will automatically receive invitations to this and any future events.
This session will provide more depth behind the analysis presented in the June 28th press release and webinar. It is intended to help investors increase their understanding of the Ahpun Field and how its accelerated development alongside the Dalton Highway supports Pantheon's strategy to achieve sustainable market recognition of a value of $5-$10 per barrel of expected oil recovery. Questions previously submitted relating to Alkaid-2 and the Ahpun development will be addressed at this session.
Later this month, after Pantheon receives the first Netherland, Sewell & Associates 'Independent Expert Report', which will be focused on the Kodiak field, the Company will announce the content via a press release and conduct a webinar during which the Company will address questions already submitted related to the Kodiak Field, the newly added leases and other related questions submitted during the webinar.
For regulatory and compliance reasons, Pantheon will not engage on social media and any questions that investors or others may have outside of a scheduled webinar should be addressed to contact@pantheonresources.com where your questions will be responded to in a timely manner.
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Further information:
Pantheon Resources plc | |
Jay Cheatham, CEO David Hobbs, Executive Chairman | +44 20 7484 5361 |
Justin Hondris, Director, Finance and Corporate Development | |
Canaccord Genuity Limited (Nominated Adviser and broker) | |
Henry Fitzgerald-O'Connor, Gordon Hamilton | +44 20 7523 8000 |
BlytheRay | |
Tim Blythe, Megan Ray, Matthew Bowld | +44 20 7138 3204 |
Notes to Editors
Pantheon Resources plc is an AIM listed Oil & Gas company focused on several large projects located on the North Slope of Alaska ("ANS"), onshore USA where it has a 100% working interest in c.193,000 highly prospective acres with which the Company estimates to contain over 20 billion barrels of oil in place and over 2 billion barrels of recoverable resource. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon in a development scenario, allowing for materially lower capital costs and much quicker development times. The Group's stated objective is to create material value for its stakeholders through oil exploration, appraisal and development activities in high impact, highly prospective conventional assets, in the USA; a highly established region for energy production with infrastructure, skilled personnel and low sovereign risk. All operations are onshore USA, with drilling costs materially below that of offshore wells.