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Pantheon Resources (PANR)

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Monday 24 January, 2022

Pantheon Resources

Result of AGM

RNS Number : 4050Z
Pantheon Resources PLC
24 January 2022
 

 

24th January 2022

 

Pantheon Resources plc

Result of AGM

 

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to   announce that at the Annual General Meeting held earlier today, all resolutions were duly passed. A breakdown of the votes will be available shortly on the Company's website.

 

-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,  James Asensio

+44 20 7523 8000

Blytheweigh


Tim Blythe, Megan Ray, Alice McLaren, Madeleine Gordon-Foxwell

+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 153,000 highly prospective acres with potential for multi billion barrels of oil recoverable. A major differentiator to other ANS projects is its close proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon, 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.

 

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) incorporated into, or forms part of, this announcement. The information contained within this announcement is considered to be inside information prior to its release.

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