Last checked at 15 Mar 2017 07:00
15 March 2017
Pantheon Resources plc
Notice of Interim Results and Operational Update
Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas, is pleased to provide the following information:
Clarification on publication date of interim results
Pantheon notes the guidance published on the London Stock Exchange website which detailed an expected date of publication of the Company's interim results of 14 March 2017. Pantheon confirms that this is incorrect and its interim results for the 6 month period ended 31 December 2016 will be published on 31 March 2017.
Update on operations
Pantheon advises that preparation works for the commencement of flow testing operations on the VOBM#2H and VOBM#4 wells have taken considerably longer than expected, however it is anticipated that flow testing operations should commence on both wells within the next fortnight. The Company will announce the results of each flow test individually upon the completion of each respective flow testing operation.
Further information:
Pantheon Resources plc | +44 20 7484 5361 |
Jay Cheatham, CEO | |
Justin Hondris, Director, Finance and Corporate Development | |
Stifel Nicolaus Europe Limited (Nominated Adviser and broker) | +44 20 7710 7600 |
Callum Stewart | |
Ashton Clanfield | |
Nicholas Rhodes | |
FTI Consulting | +44 20 3727 1000 |
Ed Westropp | |
James Styles |
For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com
In accordance with the AIM Rules - Note for Mining and Oil & Gas Companies - June 2009, the information contained in this announcement has been reviewed and signed off by Jay Cheatham, a qualified Chemical & Petroleum Engineer, who has over 40 years' relevant experience within the sector.
The information contained within this RNS is considered to be inside information prior to its release.
Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website