Pantheon Resources Plc (PTHRF)

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PTHRF,,,Trump Endorses Alaska Gas Pipeline Alaskan Governor Mike Dunleavy posted on Friday (8 November 2024) an address of President Elect Trump on Facebook in which Trump endorsed an Alaska natural gas pipeline. In our view, Trump’s endorsement of that pipeline is unequivocally positive for Pantheon Resources because we believe Pantheon Resources has assets that are uniquely advantageous – having a very low CO2 content relative to Prudhoe Bay’s natural gas and being located immediately adjacent to the pipeline’s right of way – to provide the natural gas supply into that pipeline. Although not mentioned by name, President Elect Trump is clearly referring to the AGDC pipeline project. We believe that for the AGDC pipeline to be a success, it will require supply of natural gas from Pantheon Resources’ uniquely advantageous assets; by implication, in our view, the progression of the AGDC pipeline will involve a funding solution to develop the assets of Pantheon Resources.