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Re: doinit post# 2488

Thursday, 08/31/2023 11:15:16 AM

Thursday, August 31, 2023 11:15:16 AM

Post# of 2831

Bob Rosenthal, Pantheon's Technical Director, said: "I am extremely proud of this achievement and the validation that we have discovered something special! For perspective, it is very rare to see certified resources of this size, particularly onshore and near to infrastructure. This first report supports the work conducted by a broad technical group that has included our partners at SLB, eSeis, AHS Baker Hughes among others. NSAI's evaluation of Kodiak is a transformational milestone on the path to commercialization. I remind shareholders that this report on Kodiak only covers the Lower Basin Floor Fan, based on three wells and our proprietary 3-D seismic data set. There is clear potential for further growth in these numbers as continuing appraisal provides more granular data."



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