Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.75p -3.23% 52.50p 51.75p 52.50p 54.75p 48.75p 54.00p 2,373,489 16:29:14
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.9 -0.5 - 112.85

Pantheon Resources PLC Notice of Interim Results and Operational Update

15/03/2017 7:01am

UK Regulatory (RNS & others)


Pantheon (LSE:PANR)
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RNS Number : 4888Z

Pantheon Resources PLC

15 March 2017

15 March 2017

Pantheon Resources plc

Notice of Interim Results and Operational Update

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas, is pleased to provide the following information:

Clarification on publication date of interim results

Pantheon notes the guidance published on the London Stock Exchange website which detailed an expected date of publication of the Company's interim results of 14 March 2017. Pantheon confirms that this is incorrect and its interim results for the 6 month period ended 31 December 2016 will be published on 31 March 2017.

Update on operations

Pantheon advises that preparation works for the commencement of flow testing operations on the VOBM#2H and VOBM#4 wells have taken considerably longer than expected, however it is anticipated that flow testing operations should commence on both wells within the next fortnight. The Company will announce the results of each flow test individually upon the completion of each respective flow testing operation.

Further information:

 
                                              +44 20 7484 
 Pantheon Resources plc                        5361 
 Jay Cheatham, CEO 
 Justin Hondris, Director, Finance 
  and Corporate Development 
 
 Stifel Nicolaus Europe Limited (Nominated    +44 20 7710 
  Adviser and broker)                          7600 
 Callum Stewart 
 Ashton Clanfield 
 Nicholas Rhodes 
 
                                              +44 20 3727 
 FTI Consulting                                1000 
 Ed Westropp 
 James Styles 
 

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com

In accordance with the AIM Rules - Note for Mining and Oil & Gas Companies - June 2009, the information contained in this announcement has been reviewed and signed off by Jay Cheatham, a qualified Chemical & Petroleum Engineer, who has over 40 years' relevant experience within the sector.

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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March 15, 2017 03:01 ET (07:01 GMT)

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