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doinit

11/21/22 2:43 PM

#1967 RE: Mr Melnyk #1966

Why Pantheon
• Established local Operator with large 153,000 acre contiguous acreage position.
• Awarded two units (Alkaid and Talitha) by State of Alaska
• Highly experienced team with deep Alaskan experience
• Pantheon acreage unique – big oil discoveries, adjoining export infrastructure onshore North America.
• Major resources already discovered (>20 bn bbls Oil in Place(1) net to Pantheon)
• Location of Pantheon assets allows quicker, lower cost and phased development options
• No known environmental or social/native impediments on Pantheon acreage
• >$335m over more than a decade invested into the projects(2)
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doinit

11/21/22 2:54 PM

#1970 RE: Mr Melnyk #1966

different info being presented at times
this example,,on different company.
Petrotal Corperation thier last three wells intial flow rate average 10,000 barrels a day, the production rate is 3000 to 4000 barrels a day. For the BOD to reach a long term production target of 750 a day it has to start off at over 1000 Barrels.
that is from lots of perforations on horizontal.
Pantheon did only 10ft of perforation in only limited area of horizontal
then ask also quality and value p/barrel.
then ask, their overhead costs p/barrel for continued production long term
Bullish
Bullish