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04/14/24 11:50 PM

#2784 RE: mick #2783

Pantheon Resources (PANR.L PTHRF P3K.F) announced results of the updated Independent Expert Report by Netherland Sewell & Associates, which includes approximately 43,000 acres of the leases on which the Company was the successful bidder in December 2023, located on its 100% owned Kodiak Field on the North Slope of Alaska. NSAI's best estimates of Kodiak's contingent recoverable resources now sum to 1.2 billion barrels of marketable liquids (oil, condensate and natural gas liquids) and 5.4 trillion cubic feet of gas, which will be important as additional support for a proposed agreement with Alaska Gasline Development Corp to bring gas to south-central Alaska markets.
Bullish
Bullish