RCS - Pantheon Resources - Investor Presentation via Investor Meet Company

Pantheon ResourcesAnnouncement

14/07/2023 09:45

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RNS Number : 0687G  Pantheon Resources PLC  14 July 2023

 

 

 

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
(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
(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, Executive 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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