PANR Pantheon Resources Plc

32.75

-0.45 (-1.36%)

24 Apr 2024 - Closed

Delayed by 15 minutes

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
	-0.45	-1.36%	32.75	32.55	32.90	33.80	32.20	33.20	2,834,747	16:35:25

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Natural Gas Liquids	804k	-1.45M	-0.0016	-204.06	296.2M

Pantheon Acquires Final 25% Working Interest in Alkaid, Phecda Prospects -- Deal Digest

17/10/2019 10:04am

Dow Jones News

Pantheon Resources (LSE:PANR)
Historical Stock Chart

From Apr 2019 to Apr 2024

Click Here for more Pantheon Resources Charts.

By Adriano Marchese

ACQUIRER: Pantheon Resources PLC (PANR.LN).

SELLER: Halliburton Co. (HAL).

TARGET: 25% working interest in the six leases jointly held with Pantheon on the North Slope of Alaska.

PRICE: Pantheon will accept full responsibility for all future lease obligations.

RATIONALE: The company said that upon the conclusion of this transaction which will bring its ownership in the Alkaid/Phecda project to 100%, and it will now hold a 90% to 100% working interest in around 177,000 gross acres containing potential for 1.2 billion barrels of oil recoverable, located in close proximity to the North Slope of Alaska's major highway and pipeline infrastructure.

STOCK MOVE: At 0824 GMT, shares are up 0.4 pence, or 2.4%, at 17.4 pence.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

October 17, 2019 04:49 ET (08:49 GMT)