25-Feb-2020 01:52 PM
Oil company Pantheon Resources swung to a full-year profit after it booked a gain on the purchase of the Great Bear prospect in Alaska, which offset writedowns in Texas.
Pre-tax profit for the year through June amounted to $16.7m, compared to losses of $
21-Dec-2018 08:15 AM
Texas-focused oil and gas explorer Pantheon Resources reported a deeper annual loss after it booked a hefty impairment charge.
The company also launched a share issue to raise $16m to help fund the acquisition of new prospects in Alaska.
Pre-tax losses
09-Mar-2018 01:40 PM
SP Angel today reaffirms its accumulate investment rating on Pantheon Resources PLC (LON:PANR) and set its price target at 52p.
Story provided by StockMarketWire.com
Broker Forecasts data provided by www.sharesmagazine.co.uk...
21-Dec-2017 07:49 AM
Pantheon Resources, the AIM-quoted oil and gas exploration and production company, has acquired an additional 17% working interest in the upcoming VOBM#5 development well, and the surrounding 320 acre unit, in Polk County, East Texas.
Upon completion of
15-Dec-2017 01:10 PM
Pantheon Resources has confirmed that all resolutions were passed by shareholders at today's Annual General Meeting.
At 1:10pm: (LON:PANR) Pantheon Resources PLC share price was -1.87p at 58.13p
Story provided by StockMarketWire.com...
22-Nov-2017 09:22 AM
Pantheon Resources said annual losses widened as it prepared switch from a pure exploration company to one that also produces oil.
The company booked a loss from operations $1.74m, widening from $1.36m in the previous year.
Receipt of first production r
29-Sep-2017 08:01 AM
Pantheon Resources provided the following update on VOBM#4, Tyler County - wellbore sidetrack.
The operator has been notified by the drilling rig company that due to a force majeure event resulting from tropical storm Harvey, the rig is now expected to a
14-Jul-2017 07:25 AM
Pantheon Resources said the contract signing for the Polk County gas processing facility is a transformational event for the company, with near-term production augmenting its value proposition from that of an explorer into a full-cycle exploration and pro
19-May-2017 01:13 PM
Northern Investors Company PLC has announced that it proposes to return a further £6.4m to Shareholders, representing 257.5p for each Ordinary Share currently in issue.
This will be carried out by utilising the B Share Scheme that was approved by S
16-Dec-2016 03:48 PM
Pantheon Resources has confirmed that all resolutions proposed at its annual general meeting today were passed.
At 3:48pm: (LON:PANR) Pantheon Resources PLC share price was +3.63p at 68.88p
Story provided by StockMarketWire.com...
01-Nov-2016 09:14 AM
Pantheon Resources said the VOBM#4 well is an exciting high impact well for the company because it is such a large step out from the original discovery and the highest risk well we have drilled so far.
"If successful however, it could bring commens
25-Oct-2016 07:13 AM
Pantheon Resources confirms the operator of the VOBM#3 well, Polk County, has drilled it to total depth of about 14,500 feet and will pursue a vertical completion.
"Data from electronic logs indicate the presence of hydrocarbons in a potentially si
30-Mar-2016 09:37 AM
Pantheon Resources has narrowed its H1 pretax loss to GBP0.4m, from a loss of GBP0.6m. Revenue was GBP381, from GBP2190. Most of the losses were comprised on administrative expenses or share-based payments.
CEO Jay Cheatham commented:
"This has bee
12-Jan-2016 07:46 AM
Pantheon Resources said net pay encountered and initial flow rates from the VOS#1 well are very encouraging, but noted it had been delayed for a short time by what appeared to be a hole blockage.
The VOS#1 well, in east Texas, encountered 107 feet of net
15-Dec-2015 10:12 AM
Pantheon Resources has cautioned that until it has drilled further wells, and tested those that find hydrocarbons, it cannot be sure how valid its reserves estimates are.
"Any estimates you may read to that effect are by their nature speculative. W
03-Dec-2015 07:15 AM
Story provided by StockMarketWire.com...
06-Nov-2015 07:24 AM
Pantheon Resources anticipates an additional 14 days of drilling will be required to reach the main targeted horizons at VOS#1 well in Tyler County, Texas.
During the drilling operations of the VOS#1 well on the JV's Tyler County acreage, an oil and
09-Sep-2015 07:33 AM
Pantheon Resources provides the following operational highlights
· The JV has spudded the VOS#1 well, Tyler County, onshore East Texas, using the Nabors F12 drill rig
· The Primary target is the Eagleford/Woodbine sandstone with the seco
29-Dec-2014 01:23 PM
Pantheon Resources has confirmed that all resolutions proposed at the annual general meeting today were passed.
At 1:23pm: (LON:PANR) Pantheon Resources PLC share price was +0.26p at 16.63p
Story provided by StockMarketWire.com...
04-Dec-2014 03:18 PM
Pantheon Resources will hold its annual general meeting at the offices of SGH Martineau LLP at One America Square, Crosswall, London EC3N 2SG on 29 December at 9:00 a.m.
At 3:18pm: (LON:PANR) Pantheon Resources PLC share price was +0.01p at 16.13p
St
02-Dec-2014 02:43 PM
Pantheon Resources posts a total loss from operations of £738,471 for the year to the end of June (2013: £700,095). The group's net total sales production amounted to 6.4 mcfd (2013: 10.5 mcfd) natural gas and nil bopd (2013: nil boepd) oil.
10-Oct-2014 12:37 PM
Pantheon Resources has announced that, subsequent to and in connection with the placing to raise gross proceeds of up to £18.5m ($30.2m) before expenses announced last month, its joint venture ("JV") has successfully completed the acquisition o
31-Mar-2014 07:53 AM
Pantheon Resources's H1 pretax loss was broadly flat at £0.34m, from £0.34m. Revenue was £2596, from nil.
"This (loss) reflects the company's rigorous cost control in order to preserve capital during a period of relative operational ina
13-Dec-2013 12:02 PM
Pantheon Resources (LON:PANR) announces that at its Annual General Meeting held today the resolutions put to shareholders were duly passed.
At 12:02pm: (LON:PANR) Pantheon Resources PLC share price was -0.63p at 22.75p
Story provided by StockMarketW
13-Dec-2013 10:10 AM
The non-executive chairman of US-focused oil and gas company Pantheon Resources (LON:PANR), John Walmsley has told investors delays to drilling on its Tyler County joint venture 'may not be extended much longer.'
At today's AGM Walmsely wi