Pantheon Resources Plc (PTHRF)

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Pantheon's guidance for Alkaid as given on slide 9 of the May 22 presentaion, was 1200 BOPD initial production for a 8000 ft lateral. That equates to 800 for the 5300 ft of the actual horizontal section. Future development wells estimated initial production was 1500 BOPD for 10,000 ft. Pantheon have never stated a long term production target, but a typical decline curve is found on the next slide. No need for handbags folks - all there in black and white.