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RNS Number : 9294D Pantheon Resources PLC 26 June 2023
26 June 2023
Pantheon Resources Plc
Upcoming Webinar - Registration Details
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 confirm the details of the
upcoming webinar at 5:30pm BST (British Summer Time) on Wednesday 28 June
2023.
The presentation is open to all shareholders and interested parties. Those
wishing to participate can register for the webinar via the link below:
https://www.bigmarker.com/share-talk/Pantheon-Resources-Shareholder-Presentation-June-2023
(https://www.bigmarker.com/share-talk/Pantheon-Resources-Shareholder-Presentation-June-2023)
Attendees should use the latest version of Chrome, Safari or Firefox for the
best experience.
Alternatively, investors can download the IOS application for Big Marker, or
dial in via telephone. Dial in details are outlined below:
Attendee Dial-in: UK (0)1793 250421
Attendee Dial-in Number: USA +1 (312) 248-9348
Attendee Dial-in ID Number: 294177
Attendee Dial-in Passcode: 9269
About the webinar
The webinar, which will be supported by a series of follow up webinars over
the coming months, will address the following topics:
(i) an outline of Pantheon's corporate strategy and a high level overview
of steps required to accomplish Pantheon's ultimate objective of achieving a
valuation >$5 per barrel of recoverable resource;
(ii) an introduction to Tony Beilman, Pantheon's newly appointed Senior VP
of Engineering who will provide a high level overview of his in depth analysis
on Alkaid #2 and positive implications for future wells;
(iii) an analysis of Alkaid #2 costs and the path to c.$13 million
development wells; and
(iv) a naming convention for our two oil fields, in line with the
commencement of the formal regulatory process leading to development approvals
from the State of Alaska and a hot tap into the TAPS (Trans Alaska Pipeline
System) main oil pipeline.
A copy of the PowerPoint presentation to be delivered during the Webinar will
be uploaded to Pantheon's website at www.pantheonresources.com
(http://www.pantheonresources.com) shortly beforehand. A recording of the
Webinar will also be uploaded to the Company's website once available.
-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, 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 c.193,000 highly
prospective acres with which the Company estimated 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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