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
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 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 David Hobbs, Chairman |
+44 20 7484 5361 |
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.