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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 | |
---|---|---|---|---|---|---|---|---|---|---|
0.20 | 0.62% | 32.65 | 32.45 | 32.80 | 33.80 | 32.25 | 33.80 | 1,386,082 | 16:35:13 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Natural Gas Liquids | 804k | -1.45M | -0.0016 | -202.19 | 293.48M |
TIDMPANR
RNS Number : 5738T
Pantheon Resources PLC
20 March 2023
20 March, 2023
Pantheon Resources plc
AGM update
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, confirms that the Annual General Meeting ("AGM") of the Company held earlier today was adjourned by the Chairman of the AGM in accordance with the Company's Articles of Association and with the consent of the meeting.
The decision was taken because shareholders holding a significant number of Pantheon shares have requested but not yet received corporate representative letters from their nominees in order to be able to vote at the AGM. The adjourned AGM will be held at 2:00 pm GMT on Wednesday 22 March 2023 at the offices of Shakespeare Martineau LLP, 6th Floor, 60 Gracechurch Street, London, EC3V 0HR. The previously announced appointment of Mr David Hobbs as independent non executive director will be effective following the closure of the adjourned AGM on 22 March, 2023.
The investor presentation webinar and Q&A will proceed as planned, at 5.30pm GMT today. Registration details are provided in the attached announcement:
https://polaris.brighterir.com/public/pantheon_resources/news/rns/story/xle16gw
-ENDS-
Further information, please contact:
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 Gordon Hamilton +44 20 7523 8000 BlytheRay Tim Blythe, Megan Ray, Matthew Bowld +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.
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END
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(END) Dow Jones Newswires
March 20, 2023 12:45 ET (16:45 GMT)
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