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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Pantheon Resources Plc | 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 | |
---|---|---|---|---|---|---|---|---|---|---|
1.60 | 4.76% | 35.20 | 34.95 | 35.30 | 36.00 | 33.85 | 34.40 | 3,443,597 | 16:35:22 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Natural Gas Liquids | 804k | -1.45M | -0.0016 | -219.69 | 318.88M |
TIDMPANR
RNS Number : 6378R
Pantheon Resources PLC
25 September 2017
25 September 2017
Pantheon Resources plc
Settlement of Lease Dispute
Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a working interest in several conventional projects in Tyler and Polk Counties, onshore East Texas, is pleased to confirm that the lease dispute with certain third parties as disclosed in Pantheon's announcement of 27 July 2017 has been settled on the terms disclosed therein. Accordingly, Pantheon's working interest in the units associated with the VOBM#1 and VOBM#2H wells has been reduced from 58% to 55.1%, after well payout. No cash or additional consideration was paid in relation to this settlement.
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
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
MSCVZLFLDKFXBBZ
(END) Dow Jones Newswires
September 25, 2017 02:01 ET (06:01 GMT)
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