RCS - Pantheon Resources - Participation in Upcoming Investor Conferences

Pantheon ResourcesAnnouncement

03/04/2025 07:00

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RNS Number : 5063D  Pantheon Resources PLC  03 April 2025

 

3 April 2025

Pantheon Resources plc

Participation in Upcoming Investor Conferences

Pantheon Resources plc (AIM: PANR, OTCQX: PTHRF) ("Pantheon" or the
"Company"), an oil and gas company developing the Kodiak and Ahpun oil fields
in close proximity to pipeline and transportation infrastructure on Alaska's
North Slope, today announced that management will attend the upcoming LD Micro
Invitational XV and the Commodities Global Expo in Spring 2025.

Pantheon management is scheduled to present at LD Micro, as well as host one
on one meetings at each conference, as follows:

LD Micro Invitational XV
Date: April 10, 2025

Time: 8:30 a.m. Eastern time

Location: Westin Grand Central, New York
Format: Webcasted Presentation + 1x1 Meetings

Webcast:
https://event.summitcast.com/view/Rv8BqVhT6JpoAvJwfhYEsK/2mqmpa3QmCsfqs5tBz3LiM
(https://us-west-2.protection.sophos.com/?d=summitcast.com&u=aHR0cHM6Ly9ldmVudC5zdW1taXRjYXN0LmNvbS92aWV3L1J2OEJxVmhUNkpwb0F2SndmaFlFc0svMm1xbXBhM1FtQ3NmcXM1dEJ6M0xpTQ==&i=NjQxZTNiMWE4N2YzMzg2YTU1NjJlMjQy&t=eXRFd1VIRFFERkpXajRQcGYwUW5sREFUSTBEM2V0R0hKQWtOUnlNaURxRT0=&h=1d2ffe8777b54dac8e327a38d2e7b0e5&s=AVNPUEhUT0NFTkNSWVBUSVb-79EJkI8KKFNr1IO7q69vDOCESbXG3hLDr0u7KQ3BcA)

Top Shelf Partners: The Commodities Global Expo 2025
Date: May 9-11, 2025

Location: Four Seasons Resort, Fort Lauderdale
Format: 1x1s Meetings

 

Max Easley, CEO, commented: "We are excited to participate in these premier
investor conferences, providing a platform to engage with investors and
discuss Pantheon's latest operational milestones. With our upcoming multi-zone
flow tests at Megrez-1, we are entering a pivotal phase in demonstrating the
full potential of our assets. The results of these tests could significantly
impact our resource estimates and development plans, reinforcing Pantheon's
commitment to delivering long-term value for shareholders. I look forward to
connecting with investors and providing insights into our strategy as we
advance our projects on Alaska's North Slope."

 

Registration is required for conference participation. For more information or
to schedule a meeting with management, please contact MZ Group at
PTHRF@mzgroup.us.

For further information, please contact:

Corporate Contact
Pantheon Resources plc

+44 20 7484 5361

contact@pantheonresources.com (mailto:contact@pantheonresources.com)

Nominated Adviser and Broker

Canaccord Genuity Limited

Henry Fitzgerald-O'Connor, James Asensio, Charlie Hammond

+44 20 7523 8000

Public Relations Contact
BlytheRay

Tim Blythe, Megan Ray, Matthew Bowld

+44 20 7138 3204

pantheon@blytheray.com

Investor Relations Contact

MZ Group

Lucas Zimmerman, Ian Scargill

+1 949 259 4987

PTHRF@mzgroup.us (mailto:PTHRF@mzgroup.us)

About Pantheon Resources

Pantheon Resources plc is an AIM listed Oil & Gas company focused on
developing its 100% owned Ahpun and Kodiak fields located on State of Alaska
land on the North Slope, onshore USA. Independently certified best estimate
contingent recoverable resources attributable to these projects currently
total c. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural
gas. The Company owns 100% working interest in c. 259,000 acres.

Pantheon's stated objective is to demonstrate sustainable market recognition
of a value of $5-$10/bbl of recoverable resources by end 2028. This is based
on bringing the Ahpun field forward to FID and producing into the TAPS main
oil line (ANS crude) by the end of 2028. The Gas Sales Precedent Agreement
signed with AGDC provides the potential for Pantheon's natural gas to be
produced into the proposed 807mile pipeline from the North Slope to
Southcentral Alaska during 2029. Once the Company achieves financial
self-sufficiency, it will apply the resultant cashflows to support the FID on
the Kodiak field planned, subject to regulatory approvals, targeted by the end
of 2028 or early 2029.

A major differentiator to other ANS projects is the close proximity to
existing roads and pipelines which offers a significant competitive advantage
to Pantheon, allowing for shorter development timeframes, materially lower
infrastructure costs and the ability to support the development with a
significantly lower pre-cashflow funding requirement than is typical in
Alaska. Furthermore, the low CO2 content of the associated gas allows export
into the planned natural gas pipeline from the North Slope to Southcentral
Alaska without significant pre-treatment.

The Company's project portfolio has been endorsed by world renowned experts.
Netherland, Sewell & Associates estimate a 2C contingent recoverable
resource in the Kodiak project that total 1,208 mmbbl of ANS crude and 5,396
bcf of natural gas. Cawley Gillespie & Associates estimate 2C contingent
recoverable resources for Ahpun's western topset horizons at 282 mmbbl of ANS
crude and 803 bcf of natural gas. Lee Keeling & Associates estimated
possible reserves and 2C contingent recoverable resources totalling 79 mmbbl
of ANS crude and 424 bcf natural gas.

For more information visit www.pantheonresources.com
(http://www.pantheonresources.com) .

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