Last checked at 3 Jan 2023 07:00
3 January, 2023
Pantheon Resources Plc
Investor Q&A
Pantheon Resources plc ("Pantheon" or the "Company" or the "Group"), the AIM-quoted oil company with 100% working interest in approximately 153,000 acres located adjacent to transportation and pipeline infrastructure on State Land on the Alaska North Slope, is pleased to announce that following its Operating Update released on the 30th December 2022, the Company has published an Investor Q&A document which can be found at https://www.pantheonresources.com/q-a.
The Company confirms there is no new price sensitive information contained in the Q&A.
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Further information:
Pantheon Resources plc | |
Jay Cheatham, CEO | +44 20 7484 5361 |
Justin Hondris, Director, Finance and Corporate Development | |
Canaccord Genuity Limited (Nominated Adviser and broker) | |
Henry Fitzgerald-O'Connor, James Asensio, 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 153,000 highly prospective acres with potential for multi billion barrels of oil recoverable. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon, 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.