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RNS Number : 4177F Pantheon Resources PLC 10 July 2023
10 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 approximately 193,000
acres located adjacent to transportation and pipeline infrastructure on State
Land on the Alaska North Slope, is pleased to announce that David Hobbs,
Executive Chairman, and Jay Cheatham, CEO, will provide a live presentation
and Q&A session via 'Investor Meet Company' on Thursday, 13th 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
(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.
In the past, the Company has not always had time at the end of an already
lengthy Webinar to address all questions and to accept new questions arising
from the content shared. This session will help investors increase their
understanding of Pantheon's strategy to achieve sustainable market recognition
of a value of $5-$10 per barrel of expected oil recovery and address a number
of more general questions that have been raised.
Furthermore, when Pantheon receives the first Netherland, Sewell &
Associates 'Independent Expert Report', which will be focused on the Kodiak
field, it 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 questions submitted during
the session.
In Pantheon's Strategy Update press release dated 28 June 2023, it outlined
that a future webinar would take place to expand on the frac and completion
optimisation in the Ahpun Field and implications for commercial development.
The Company will take this opportunity to answer questions already submitted
related to the Alkaid #2 well in addition to any outstanding questions.
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
(mailto:contact@pantheonresources.com) where your questions will be
responded to in a timely manner.
-Ends-
Further information:
Pantheon Resources plc
Jay Cheatham, CEO +44 20 7484 5361
David Hobbs, Chairman
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.
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