Pantheon Resources PLC Change of Advisor (8497C)
22 October 2020 - 5:00PM
UK Regulatory
TIDMPANR
RNS Number : 8497C
Pantheon Resources PLC
22 October 2020
22 October, 2020
Pantheon Resources plc
Change of Advisor
Pantheon Resources plc ("Pantheon") the AIM-quoted oil and gas
exploration company with working interests of 89.2% - 100% in
certain projects located adjacent to transportation and pipeline
infrastructure on the Alaska North Slope announces the appointment
of Canaccord Genuity Limited as its sole broker and Nominated
Adviser to the Company with immediate effect.
-Ends-
Further information:
Pantheon Resources plc +44 20 7484 5361
Jay Cheatham, CEO
Justin Hondris, Director, Finance and Corporate
Development
Canaccord Genuity plc (Nominated Adviser and
broker)
Henry Fitzgerald-O'Connor
Adam James
Angelos Vlatakis +44 20 7523 8000
Blytheweigh
Tim Blythe, Megan Ray, Madeleine Gordon-Foxwell +44 20 7138 3204
Notes to Editors
Pantheon Resources plc is an AIM listed Oil & Gas
exploration and production focused on several large projects
located on the North Slope of Alaska ("ANS"), onshore USA. A major
differentiator to other ANS projects is its close proximity to
transport and pipeline infrastructure. 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.
On the North Slope of Alaska, Pantheon holds working interests
of 89.2% - 100% in projects covered by c.1,000 square miles of
proprietary 3D seismic. The Company has received Independent Expert
Reports certifying a Contingent Resource of 76.5MMBO (million
barrels of oil) recoverable on its Greater Alkaid project and
302MMBO Prospective Resource at its Talitha project.
For further information on Pantheon Resources plc, see the
website at: www.pantheonresources.com . The information contained
within this RNS is considered to be inside information prior to its
release. Neither the contents of the Company's website nor the
contents of any website accessible from hyperlinks on the Company's
website (or any other website) is incorporated into, or forms part
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END
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