14-Jun-2022 07:15 PM
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Elects to pay the quarterly principal repayment of $2.5 million and interest payment of $465,500 for its senior unsecured convertible bonds due 2026, leading to the i
16-May-2022 07:34 PM
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Executes contracts for a drill rig to drill the Alkaid-2 well, scheduled to spud in July.
If spudding is successful, Pantheon will start a long term production test a
24-Mar-2022 12:07 PM
Pantheon Resources PLC - London-based oil and has company focused on Alaska - Says that testing of the lower basin floor fan at its Theta West 1 well has started. Says that the well is flowing high-quality oil to the surface that likely exceeds its pre
18-Feb-2022 07:39 PM
Pantheon Resources PLC - London-based oil and gas company with a portfolio focused in Alaska - Issues 1.9 million shares following notice of conversion in respect of USD2 million of the USD55 million unsecured convertible bond.
As a resu
30-Mar-2021 09:16 AM
Oil company Pantheon Resources booked a deeper first-half loss as it continued to develop prospects in Alaska after aborting work in Texas.
Pre-tax losses for the six months through December amounted to £4.1 million, compared to year-on-year losses
23-Mar-2021 02:29 PM
Oil and gas exploration company Pantheon Resources has received formal approval from the Alaska Department of Natural Resources for the acquisition of 100% of the share capital of Borealis Alaska.
Borealis owns a 10.8% working interest in each of the 16
27-Jan-2021 09:04 AM
Alaska-focused oil company Pantheon Resources swung to a full-year loss after it wrote off assets in East Texas.
Losses for the year through June amounted to $21.7 million, compared to a profit of $16.7 million year-on-year.
The company booked impairmen
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.
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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
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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
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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
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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