Pantheon Resources（P3K）株式概要パンテオン・リソーシズ社（Pantheon Resources Plc）は子会社を通じて、米国で石油・ガスの探鉱・生産に従事している。 詳細P3K ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性4/6配当金0/6リスク分析過去5年間で収益は年間1.7%減少しました。 German市場と比較して、過去 3 か月間の株価の変動が非常に大きい収益が 100 万ドル未満 ( $0 )過去1年間で株主の希薄化が進んだ すべてのリスクチェックを見るP3K Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.18該当なし内在価値ディスカウントEst. Revenue$PastFuture-13m35m2016201920222025202620282031Revenue US$1.0Earnings US$0.1AdvancedSet Fair ValueView all narrativesPantheon Resources Plc 競合他社AB IgreneSymbol: DB:NJ0Market cap: €68.6mDeutsche RohstoffSymbol: XTRA:DR0Market cap: €468.5mOmega Oil & GasSymbol: ASX:OMAMarket cap: AU$385.7mPrabha EnergySymbol: NSEI:PRABHAMarket cap: ₹23.9b価格と性能株価の高値、安値、推移の概要Pantheon Resources過去の株価現在の株価UK£0.1852週高値UK£0.3552週安値UK£0.067ベータ-1.711ヶ月の変化56.64%3ヶ月変化152.86%1年変化-36.22%3年間の変化-2.64%5年間の変化-47.01%IPOからの変化-9.69%最新ニュースBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Marty Munson was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 12Pantheon Resources plc Announces Stand Down of Executive DirectorsPantheon Resources plc announced the decision of David Hobbs to stand down as both Chairman and as a Director of the Company at the close of the AGM. Furthermore, Jeremy Brest will also stand down as Non-Executive Director at the close of the AGM, and Resolution 2 in the Notice of AGM will no longer be put to shareholders.お知らせ • Mar 06Pantheon Resources plc Announces Resignation of Linda Havard from the Board, Effective 5 March 2026Pantheon Resources plc announced that Linda Havard has chosen to step down from the Board, effective March 5, 2026, in order to pursue other professional and personal opportunities, and will not seek re-election at the upcoming AGM. The Board thanks Linda for her significant contributions, particularly her leadership of the Finance, Audit and Risk Committee, and in her role as Senior Non-Executive Director.お知らせ • Feb 16+ 1 more updatePantheon Resources plc Announces Board ChangesPantheon Resources Plc announced that following the AGM on March 12, 2026, David Hobbs will transition from Executive Chair to Non-Executive Chair, in line with previous guidance. Th company also announced that Allegra Hosford Scheirer has stepped down from the Board, effective 13 February 2026, and will not seek re-election.お知らせ • Feb 05Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026.お知らせ • Jan 15Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,209,678 Price\Range: £0.07 Transaction Features: Subsequent Direct Listing最新情報をもっと見るRecent updatesBoard Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Marty Munson was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 12Pantheon Resources plc Announces Stand Down of Executive DirectorsPantheon Resources plc announced the decision of David Hobbs to stand down as both Chairman and as a Director of the Company at the close of the AGM. Furthermore, Jeremy Brest will also stand down as Non-Executive Director at the close of the AGM, and Resolution 2 in the Notice of AGM will no longer be put to shareholders.お知らせ • Mar 06Pantheon Resources plc Announces Resignation of Linda Havard from the Board, Effective 5 March 2026Pantheon Resources plc announced that Linda Havard has chosen to step down from the Board, effective March 5, 2026, in order to pursue other professional and personal opportunities, and will not seek re-election at the upcoming AGM. The Board thanks Linda for her significant contributions, particularly her leadership of the Finance, Audit and Risk Committee, and in her role as Senior Non-Executive Director.お知らせ • Feb 16+ 1 more updatePantheon Resources plc Announces Board ChangesPantheon Resources Plc announced that following the AGM on March 12, 2026, David Hobbs will transition from Executive Chair to Non-Executive Chair, in line with previous guidance. Th company also announced that Allegra Hosford Scheirer has stepped down from the Board, effective 13 February 2026, and will not seek re-election.お知らせ • Feb 05Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026.お知らせ • Jan 15Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,209,678 Price\Range: £0.07 Transaction Features: Subsequent Direct ListingBoard Change • Dec 30Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive Director Jeremy Leonard Brest is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Linda Havard was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Dec 16Pantheon Resources plc Announces Retirement of Jay Cheatham as Non-Executive Director, Effective December 12, 2025Pantheon Resources Plc announced that Jay Cheatham, Non-Executive Director formally retired at a meeting of the board of directors on 12 December, 2025. Jay joined the Board in 2008 and served as Chief Executive Officer until early in 2025, and since stepping down as CEO he continued to serve as a Non-Executive Director. His leadership, commitment, and experience have played a central role in shaping the Group over more than 17 years.お知らせ • Nov 12Pantheon Resources plc Announces Operational Update on Dubhe-1Pantheon Resources Plc provided operational update on Dubhe-1. Well clean-up operations are ongoing at Dubhe-1. It remains early in the flowback process with, as expected, initial production overwhelmingly dominated by previously injected stimulation fluids. Thus far, only 20% of the injected water has been recovered with steady gas production and intermittent production of light oil. It is anticipated that the well will continue to clean up in the coming weeks before a representative rate can be determined from the reservoir.お知らせ • Sep 12Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £22.140222 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £22.140222 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,726,389 Price\Range: £0.25 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,834,498 Price\Range: £0.25 Transaction Features: Subsequent Direct Listingお知らせ • Aug 18Pantheon Resources plc Announces Results from the Dubhe-1 Appraisal WellPantheon Resources plc announced results from the Dubhe-1 appraisal well. The primary target of Dubhe-1 was the topset horizon (SMD-B), appraising the already discovered resource. Additionally, the well was designed to encounter three further exploration horizons (Prince Creek, SMD-C and the Slope Fan System), none of which have previously had any resource estimate attributed to them. Logs confirm additional prospective resource upside in these horizons. The Dubhe-1 pilot hole was successfully drilled, logged and cored to a total measured depth ("MD") of 12,833 ft, equivalent to 8,699 ft true vertical depth ("TVD"). Analysis of the thickness and quality of the primary target topset confirms that the SMD-B has exceeded the upside pre-drill expectations. The gross thickness of the hydrocarbon column in this interval was measured at 565 ft true vertical thickness ("TVT"); exceeding pre-drill expectations by 26%; Dubhe-1 also encountered additional hydrocarbon bearing horizons in two of the exploration targets; the SMD-C and two Slope Fans. The Company intends to drill, and subsequently flow test the planned sidetrack lateral in the SMD-B horizon to refine the production well type curve; Dubhe-1 Well: Phase 1 Outcome The first phase of the Dubhe-1 well programme consisted of a deviated pilot hole to gather cores and logs to select the optimum landing zone for a subsequent lateral sidetrack in the primary SMD-B zone. The well successfully reached the planned TVD and achieved all planned target reservoir penetrations - both primary and exploration objectives. Dubhe-1 has confirmed a gross 565 ft TVT hydrocarbon bearing column in the SMD-B primary target horizon. This exceeds the pre-drill estimate (450 ft TVT based on Pipeline State#1 offset) by 26% and the upper end of pre-drill estimates (up to 500 ft TVT) by 13%. Reservoir properties are consistent with the nearby Pipeline State #1 discovery well. The hydrocarbon mix between oil, NGLs and gas will be determined after flow testing Additional hydrocarbon bearing zones were encountered in the SMD-C and 2 Slope Fans. These horizons were not included in the Ahpun estimated contingent resources of 282 million barrels and 804 billion cubic feet, prepared by Cawley Gillespie & Associates and therefore these resources represent material upside potential as co-development opportunities alongside the established Ahpun SMD-B primary reservoir. Details of Appraisal Analysis: Preliminary analysis indicates that Dubhe-1 has intersected multiple hydrocarbon bearing horizons over approximately 2,143 ft MD (1,085 ft TVT). In addition to the primary SMD-B objective of the well, multiple reservoirs were penetrated in this overall section consisting of interbedded sands and shales. Integrated analysis indicates the following hydrocarbon bearing zones within the Campanian interval: Formation Gross Pay Interval (MD ft) Gross Pay Interval (TVD ft) Thickness (TVT ft) SMD-C 10,597- 10,715 7,565 - 7,625 60 SMD-B (primary target objective) 11,051 - 12,051 - 12,162 7,795 - 8,360 565 Slope Fan 1 12,460 - 12,530 - 8,510 - 8,546 36 Slope Fan 2 12,630 - 12,630 - 8,597 - 8650 53 In addition to these results, hydrocarbons were also identified in the Maastrichtian interval (Prince Creek and Upper Schrader Bluff Topsets 1 and 3) with a gross thickness of 1,158 ft TVT, in line with those same horizons encountered in Megrez-1. Preliminary analysis indicates similar reservoir properties and the results will be combined with the data from Megrez-1 for further technical evaluation and potential associated long term development planning if warranted. The Company is presently finalising the optimum location to position the optimum location to position the lateral section of the well within this thick 565ft TVT section of SMD-B horizon. Drilling of this lateral is expected to commence over the coming days. In addition to the coming days. Drilling of this lateral was expected to commence over the coming day. In addition to the coming weeks. In addition to commence over the coming days". In addition to commence over the company is expected to the coming days. In addition of this lateral is expected to the coming days; In addition to commence over the comes to commence over the coming days; Drilling of the coming days.お知らせ • Jul 10Pantheon Resources plc Announces Operating UpdatePantheon Resources plc announced that the Nabors 105AC rig is contracted and is currently mobilising to the Dubhe-1 pad. The Dubhe-1 well is an appraisal well targeting the Ahpun Topset (pre previously referred to as the Shelf Margin Deltaic-B ("SMD-B") horizon as the primary target. In June 2024, the Independent Experts Report ("IER") by Cawley Gillespie & Associates ("CG&A") estimated 2C Contingent Resources for the Ahpun Topsets of 282 million barrels of Marketable Liquids (ANS Crude) and 804 billion cubic feet ("BCF") of natural gas. Dubhe-1: Objectives: Progress the Ahpun Topset development (CG&A estimate (10 June 2024) of 282 mmbbls 2C liquid resources and NPV10 $1.7 billion (at $80 oil)) (1); Assess the main topset reservoir horizon (SMD-B) in order to plan optimum production laterals; Penetrate additional potential pay zones (Lower Prince Creek, SMD-C and a Slope Fan) The Company is planning for a potential lateral completion and long term flow test, which, if undertaken, would be intended to prove deliverability of oil and pipeline-quality associated gas. The planned oil production is the main value driver of any development while the associated gas and its value in the Alaska LNG Phase 1 Project supports the financing strategy. The Directors believe that the Dubhe-1 well will generate important news flow over coming months as well as potentially supporting Independent Expert Report resource and valuation upgrades based on the following: The pre-drill prognosis indicates that the target zone at Dubhe-1 has the potential to be thicker than Pipeline State#1 and Talitha-A; Any confirmation of increased thickness would add to the potential drilling inventory (e.g. via " wine-racking"); and Expected penetration of three additional exploration targets (Lower Prince Creek, SM D-C and a Slope fan) not included in the independent resource estimates.お知らせ • Jul 08Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £16.25 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £16.25 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 76,832,151 Price\Range: £0.2115 Transaction Features: Subsequent Direct Listingお知らせ • Jun 10Pantheon Resources plc Appoints Marty Rutherford as A Non-Executive Director, Effective 13 June 2025Pantheon Resources plc announced that Marty Rutherford has been appointed to the company's board as a non-executive director. She will be formally appointed following the Board Meeting on 13 June 2025. Marty Rutherford is a fifth generation Alaskan. Marty returned to Alaska after graduating college in the late 1970s, and held a variety of jobs in Valdez, Fairbanks, and Anchorage. In 1982, she began working at the Alaska Department of Community and Regional Affairs (DCRA), eventually being appointed the Deputy Commissioner. In 1992, Marty moved to the Alaska Department of Natural Resources (DNR), where she was appointed Deputy Commissioner in 1993 and remained there through 2005. In that role Marty oversaw the State's management of its natural resources including oil and gas, mining, water, parks, etc. Marty resigned her position in 2005, but was re-instated as Deputy Commissioner of DNR in 2006 under Governor Palin, leading the gasline effort as well as the oil and gas policy teams. In 2011, Marty left state service and went to work for Linc Energy, an Australian company exploring for oil on the North Slope and natural gas in Cook Inlet. However, in 2014, Marty was once again appointed Deputy Commissioner of DNR and also served as acting Commissioner for an extended time, a position she had held numerous times over her years at DNR. In 2016, Marty retired from DNR and served a term as a Trustee of the Alaska Permanent Fund. The appointment of Ms. Rutherford is another key step in the development of the Board to best manage the challenges ahead on the path to oil and gas production and financial self-sufficiency. At the same time, as previously announced, Bob Rosenthal will be retiring from Pantheon and stepping down from the board of directors.お知らせ • Jun 09+ 1 more updatePantheon Resources Plc Announces Executive ChangesPantheon Resources plc has appointed Erich Krumanocker as Chief Development Officer, succeeding Bob Rosenthal, to spearhead the Company's subsurface technical leadership. Bob has indicated his desire to step down from the Board of Directors and retire from the Company at the conclusion of the Company's upcoming board meeting on June 13, 2025. In his role as CDO, Erich will manage the transition of projects from exploration and appraisal through to development and production. Erich brings with him over 25 years of global experience in driving development, operations and project execution at scale across multiple continents. Erich's career originated as a Petroleum Engineer with BP plc on the North Slope of Alaska, with vast experience in the North Sea, Azerbaijan and the U.S., with his BP career culminating as a VP of Production and Operations. Erich joins Pantheon most recently from Microsoft, where he served as a Partner leading digital transformation across the manufacturing and energy sectors.お知らせ • Apr 14Pantheon Resources plc Announces Preliminary Results from the Flow Testing of the First of Six Intervals At Megrez 1Pantheon Resources plc announced preliminary results from the flow testing of the first of six intervals in the planned Megrez-1 well testing programme. The well was fracture stimulated in the Topset 1 ("TS1") reservoir interval over some 290 feet ("ft") from 7165 ft to 7453 ft MD. The well was produced for 12 days delivering sustained strong liquid rates, exceeding 1,000 barrels per day at the end of the flow back period, no appreciable hydrocarbons were produced from the well. Preliminary analysis indicates that although the reservoir is oil bearing, it appears to be in a transition zone with limited to no mobile oil and gas. The technical data gathered increases confidence in the productivity and hydrocarbon potential of the intervals higher in the wellbore and indicates mobile oil will be found in the shallower stratigraphic sequences. TS1 will be abandoned and well operations to test the next interval (Lower Prince Creek) will commence as soon as high-pressure pumping equipment is mobilised to the Megrez pad. The TS1 interval was fracture stimulated in two stages to maximise the productivity potential of the well. These stimulations were successfully executed, and the well was brought on production on 3 April 2025. The well initially produced strongly against a 30/64 inch choke and the well was gradually increased to a final rate of over 1,000 barrels per day. During the 12 day testing programme, the well sustained high fluid rates with no indications of decline. However, no appreciable oil or gas was recorded at surface. Preliminary analysis, incorporating the salinity of the produced water, indicates that the logged and cored hydrocarbon saturations in this interval are consistent with a transition zone where residual oil saturations were insufficient to sustain flow to surface. However, the data gathered increases the robustness of the log analyses that indicate higher saturations and mobile oil will be found in The shallower stratigraphic sequences; The plan remains to progress systematically up the well to the shallowest interpreted pay zone, the Lower Sagavanirktok zone 3. The objective remains to prioritise data quality rather than seeking to maximise initial flow rates to increase the understanding of the reservoirs and thus optimise future appraisal and development. Operations on the next interval, the Lower Prince Creek formation, will commence shortly with results reported once flow testing is complete.お知らせ • Mar 26Pantheon Resources Plc announced that it has received $35 million in funding from Sun Hung Kai & Co. LimitedOn March 24, 2025, the company closed the transaction.お知らせ • Mar 03Pantheon Resources Plc Announces Multi-Zone Flow Tests Planned for Megrez-1Pantheon Resources plc announced further details of its planned flow testing programme for the Megrez-1 well. Key Points: Data from logs, cores, cuttings and seismic indicate seven discrete interpreted pay zones, with flow testing of the shallowest six to commence before the end of March 2025; Analyses of analogous offsets indicate potential flow rates ranging from 200 barrels per day (bpd) to 2,000 bpd for any specific zone, depending on the encountered reservoir quality and fluid properties; Pantheon expects flow rates from the deepest horizon to be tested (Topset 1) at the lower-end of the range and flow rates in the shallower horizons at the top of the range; Reliable estimates of in-place and recoverable contingent resources require successful flow tests to confirm fluid compositions and reservoir properties, including API oil gravity, gas-oil ratio and in situ saturations among others. Previous guidance still stands for the Upper Schrader Bluff and Prince Creek potential; Flow data will be released at the conclusion of testing for each horizon.お知らせ • Feb 23Pantheon Resources plc Announces Board ChangesPantheon Resources plc announced the appointment of accomplished energy executive, Max Easley, as Chief Executive Officer, succeeding Jay Cheatham. Mr. Easley will be appointed as a member of the Pantheon Board of Directors effective 28 February 2025, while Jay will continue to serve the Company as a Non-Executive Director for a period of handover to Max. A native-born Alaskan, Max Easley brings over thirty years of experience as a highly respected energy executive, drawing on extensive domestic and international experience in the upstream industry. Over the course of his career, Max has held executive rolls at BP, Apache Corporation and PETRONAS Canada. Max graduated from the University of Alaska in 1991 with a degree in Petroleum Engineering. Following his early days learning his trade as a petroleum engineer at Prudhoe Bay, he worked overseas for over a decade, primarily in the UK and Trinidad, in a variety of technical, financial and leadership roles before returning to Alaska as Senior Vice President of Resource Development for BP Alaska. Over the past decade, he has been a driving force in the capital efficient appraisal, development and production of unconventional resources both in the Permian Basin in Texas and the Montney in British Columbia. The appointment of Mr. Easley is another key step in the development of the Board and governance in preparation for a possible US listing. The Company expects to evolve the Board further as it executes on this strategy.お知らせ • Feb 22Pantheon Resources plc Announces Chief Executive Officer ChangesPantheon Resources Plc announced that it has appointed Max Easley as Chief Executive Officer to succeed Jay Cheatham. Easley brings over 30 years of experience as an energy executive, drawing on extensive domestic and international experience in the upstream industry. A native-born Alaskan, Max Easley brings over thirty years of experience as a highly respected energy executive, drawing on extensive domestic and international experience in the upstream industry. Over the course of his career, Max has held executive rolls at BP, Apache Corporation and PETRONAS Canada. Max graduated from the University of Alaska in 1991 with a degree in Petroleum Engineering. Following his early days learning his trade as a petroleum engineer at Prudhoe Bay, he worked overseas for over a decade, primarily in the UK and Trinidad, in a variety of technical, financial and leadership roles before returning to Alaska as Senior Vice President of Resource Development for BP Alaska. Over the past decade, he has been a driving force in the capital efficient appraisal, development and production of unconventional resources both in the Permian Basin in Texas and the Montney in British Columbia. The appointment of Mr. Easley is another key step in the development of the Board and governance in preparation for a possible US listing. The Company expects to evolve the Board further as it executes on this strategy.お知らせ • Feb 11Pantheon Resources Plc, Annual General Meeting, Mar 12, 2025Pantheon Resources Plc, Annual General Meeting, Mar 12, 2025. Location: the offices of simmons and simmons, citypoint, 1 ropemaker st, city of london, ec2y 9ss, london United Kingdomお知らせ • Nov 20Pantheon Resources Plc announced that it has received $2.6215 million in fundingPantheon Resources plc announced a private placement to issue 9,108,756 new ordinary shares at an issue price of $0.2878 (£0.2266) per share for the gross proceeds of $2,621,499.9768(£2,064,044.1096) on November 19, 2024.お知らせ • Nov 11Pantheon Resources plc Announces Spudding of Megrez-1 WellPantheon Resources plc announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure. The reservoir sections to be targeted are both younger and shallower than in any of Pantheon's previous Alaskan wells, with superior reservoir characteristics predicted. The Megrez-1 well will target three topset horizons, which the Company estimates to contain an aggregate 2U Prospective Resource of 609 million barrels of ANS Crude (oil, condensate & NGLs) and 3.3 trillion cubic feet ("Tcf") of natural gas. Initial results from the well will be announced when drilling operations are complete. Pantheon contracted the Nabors 105AC rig, which the Company is familiar with having used it in previous drilling campaigns, to drill the Megrez-1 well. Construction of the gravel pad next to the Dalton Highway was completed in October, and the pad can be used year-round to support future drilling and development activities.New Risk • Oct 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m (US$362k revenue). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).お知らせ • Sep 16+ 1 more updatePantheon Resources plc Announces Chief Financial Officer ChangesOn September 16, 2024, Pantheon Resources Plc announced that in line with its plans to consolidate core management in the Company's Houston headquarters, Pantheon is appointing Philip Patman, Jr. to the role of Chief Financial Officer. Philip has previously served as Chief Financial Officer of VAALCO Energy Inc., Soluna Holdings Inc., and MacroFab Inc. and is a member of the State Bar of Texas and CFA Institute. He brings nearly three decades of experience in business development, corporate finance and financial management. Prior to his appointment as CFO, Philip has been leading the Company's preparations for a potential US listing, having taken over the role when Tony Larkin left the Company. This has included strengthening and documenting corporate and financial controls, securing investment banking advisors on a success-based fee structure and ensuring that the lead time for listing on a major US exchange is short enough to capture market opportunities when they arise. As is common with US based businesses, it is not anticipated that the CFO role will be a Board position. Philip Franklin Patman, Jr. (aged 56) has held the following directorships and/or partnerships in the past five years. Current Directorships/Partnerships: Philip F. Patman, Jr. Exempt Trust and B. Mori Enterprises, LLC. Accordingly, the CFO role will move to Houston and, as a result, Justin Hondris has informed the Company of his intention to step down from his role as Director, Finance at the Company's Board meeting in September. He will transition to a role that will be UK-based, as Senior Vice President for Finance and International Investment. Justin was a founding member of the Board from Pantheon's creation nearly 20 years ago and has served as a Director throughout that time. He has been ever present in the implementation of the Company's strategy. Justin has successfully managed all fundraising activities, including aggregate equity and bond placings amounting to some $300 million over that time.お知らせ • Jun 15Pantheon Resources Plc announced that it expects to receive $3.359749 million in fundingPantheon Resources Plc announced a private placement of 9,230,080 new ordinary shares at a price of $0.364 per share for the gross proceeds of $3,359,749.12 to 2 existing investors on June 14, 2024.?お知らせ • Jun 13Pantheon Resources plc Announces the Resource Estimates from the Kodiak field, Ahpun western topsets and Alkaid horizonPantheon Resources plc announced the results of the recent Independent Expert Report ("IER") by Cawley Gillespie & Associates Inc. ("CGA"). This completes the independent estimates for the Company's aggregate resources from the Kodiak field, Ahpun western topsets and Alkaid horizon resulting in totals exceeding 1.5 billion barrels ("Bbbl") of ANS Crude and 6.5 trillion cubic feet ("Tcf") of associated gas. As was the case with Lee Keeling & Associates ("LKA") which recently updated its IER on the Alkaid horizon of the Ahpun field, CGA has evaluated the economics of the best estimate or 2C case. Based on an ANS Crude price of $80 per barrel delivered to the US West Coast, CGA estimates the net present value of the total contingent resources in the western topsets in the Ahpun field (using a real discount rate of 10%) at $1.74 billion. This report extends the independent assessments of all the Company's contingent resources discovered, appraised and for which development approvals are being prepared. As previously announced, the Company is targeting Final Investment Decision ("FID") at the earliest possible date subject to regulatory consents, but in any case, to allow first production no later than 2028. Pantheon commissioned CGA to prepare the independent report on the Ahpun field as it progresses funding options for its projects. This IER incorporates data obtained from the successful completion and test of the shallower topset horizon in the vertical section of the Alkaid-2 well in Fourth Quarter 2023. For that test, Pantheon utilised a revised frac design with success, including using finer mesh sand and at a lower concentration in a slick water stimulation. This resulted in a materially improved frac efficiency compared to the completion in the horizontal section of Alkaid-2 and will be the starting point for all future frac designs. Pantheon was also able to obtain down hole pressure data and fluid samples consisting of oil, gas and condensates/NGLs. This allowed analysis of reservoir pressure and permeability leading to a better understanding of the western topsets reservoir parameters and potential development economics. These estimates can only be upgraded from the contingent resource to the reserves classification following FID. This initial IER is based on Pantheon's base case development plan for Ahpun, but does not yet incorporate the benefits of planned infill drilling (or "wine-racking") in the southern portion of the topsets, where they are thickest. Analysis of the interference between "parent" and "child" wells in such a scenario is more complex and time consuming and will only be required later in the process of achieving FID. Preliminary management estimates indicate that "wine-racking" the wells in this area would add an additional c. 80 million barrels ("mmbbl") of high value recoverable resources. When combined with CGA's estimate, this would bring the total expected ultimate recovery from the Ahpun western topsets to c. 360 mmbbl as compared with the previously released management estimates (based on in-place quantities and a generalised recovery factor assumption) of 404 mmbbl.お知らせ • Mar 30Pantheon Resources plc Provides Update on Ahpun Development PlanningPantheon Resources plc shared the update on its development planning. Ahpun Development Planning: Initial dynamic modelling for 10,000 ft lateral well in the Ahpun topset horizons ("Topsets") supports Pantheon's previously released analysis of > 2 million barrels ("mmbbl") per well Estimated Ultimate Recovery ("EUR") and first year average production rate of 2,000 bpd of marketable liquids. SLB is concluding the development plan for the deeper Ahpun Alkaid Zone and will now turn to the shallower Ahpun Topsets development plan. Pantheon's technical team has identified well pad and bottom hole locations sufficient to recover Company estimates of 481 mmbbls from the Ahpun Topsets and Alkaid Zone (best estimate contingent recoverable resources). In order to mitigate delays to financing discussions that would have resulted from Netherland, Sewell & Associates Inc.'s ("NSAI") Ahpun report only becoming available around the end of Second Quarter 2024, Pantheon commissioned Independent Expert Reports ("IER") for (the shallower) Ahpun Topsets and (the deeper) Alkaid Zone from Cawley Gillespie & Associates ("CGA") and Lee Keeling & Associates (LKA) respectively. The full reports, expected shortly, are integral to financing discussions, and will be announced to the market and posted to Pantheon's website when completed. o Given NSAI could not commence Ahpun work until after the completion of its work on Kodiak, CGA was appointed as it could commence earlier, thereby reducing the timeline to delivery of an IER on the Ahpun Topsets by some three months. CGA has conducted reserves auditing work on existing North Slope fields and has been able to work in parallel with NSAI's evaluation of Kodiak. o LKA has previously evaluated the Alkaid Zone in the Ahpun Field and, given their existing knowledge, was able to update this work with subsequent data from Alkaid-2 in a shorter timeframe. o NSAI will now prepare its IER on the entirety of the Ahpun Field, including any additional resources confirmed by successful appraisal of the eastern extension, prior to Final Investment Decision ("FID"). Pantheon is completing management estimates of prospective resources in the eastern extension to Ahpun Topsets covered by the new leases successfully bid for in December 2023, and accessible from western side of Sag River. Results will be released as soon as available. Kodiak and Eastern Extension of Ahpun: Appraisal Planning Expect to receive the initial NSAI Kodiak recoverable resource update to incorporate the new acreage at or near end of First Quarter 2024 /early Second Quarter 2024. Full NSAI report will be announced to the market and posted to Pantheon's website when received. Pantheon is undertaking preparations to support winter campaigns for up to three appraisal wells in western portion of Kodiak field, subject to funding. The Company is currently preparing drilling plans for a Megrez-1 well into eastern Ahpun Topsets from alongside Dalton Highway using either an ice pad for winter drilling or rig mats for summer drilling, again subject to funding.Reported Earnings • Mar 20First half 2024 earnings released: US$0.007 loss per share (vs US$0.002 loss in 1H 2023)First half 2024 results: US$0.007 loss per share (further deteriorated from US$0.002 loss in 1H 2023). Net loss: US$5.68m (loss widened 261% from 1H 2023). Revenue is forecast to decline by 122% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.お知らせ • Jan 31Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £4.153017 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £4.153017 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,286,343 Price\Range: £0.255 Transaction Features: Subsequent Direct Listingお知らせ • Dec 19Pantheon Resources Plc, Annual General Meeting, Jan 24, 2024Pantheon Resources Plc, Annual General Meeting, Jan 24, 2024, at 15:00 Coordinated Universal Time.お知らせ • Dec 12Pantheon Resources plc Appoints Linda Havard as Non-Executive Director, Effective 1 January, 2024Pantheon Resources plc announced the appointment of Linda Havard as Non-Executive Director with effect from 1st January, 2024. Linda Havard joins the Board as a Non-Executive Director. Linda has more than 35 years of experience as a financial and operating executive in public oil and gas and entertainment companies as well as professional services firms. She most recently served as Chief Financial Officer of Gensler, the world's largest architecture and design firm, where she was responsible for all aspects of finance, including strategic finance, treasury, accounting, tax, internal audit, financial planning and analysis, capital budgeting, business systems and procurement for the firm's global operations. rior to joining Gensler, Linda served for six years as Chief Financial Officer at the global law firm of Orrick, Herrington & Sutcliffe, 13 years as Executive Vice President and Chief Financial Officer of Playboy Enterprises and 15 years at Atlantic Richfield Company (ARCO) (now BP Amoco), where she headed Corporate Planning and Investor Relations, among other senior positions. During her tenure at ARCO, Linda was a member of the Lyondell Petrochemical Company Board, serving on its Finance & Audit Committee. Linda holds an MBA in Finance from the University of California at Los Angeles (UCLA) and a PhD (honoris causa) in Business from the Chicago School of Professional Psychology. She is a member of the [Atlanta] Federal Reserve Board CFO Panel, the International Women's Forum, and the Governing Body of the CFO Executive Summit. Linda will chair Pantheon's Finance, Audit & Risk Committee. Current Trusteeship: Havard Family Trust; Directorship in last 5 years: M. Arthur Gensler & Associates.お知らせ • Oct 19Pantheon Resources plc Provides Update on Alkaid-2 Re-Entry UpdatePantheon Resources plc provided the following update: Alkaid-2 Re-entry Update: The re-entry of the Alkaid-2 well and flow test of the Shelf Margin Deltaic B ("SMD-B") horizon is now complete at the end of the programme to frac, clean up and flow the well. The Company reported that testing operations have been successful at demonstrating producible oil from the SMD horizon in the Aphun field, which is comprised of both the shallower SMD formation and the previously tested deeper Alkaid ZOI. As previously announced,ing into the SMD data gathering programme, the Company had three clear objectives: (i) To assess the efficacy of the revised frac design; (ii) To gather representative fluid samples for pressure-volume temperature analysis ("PVT"), and; (iii) To better determine the initial reservoir pressure All three objectives have been successfully achieved: (i) Post well analysis indicates that the frac treatment resulted in vertical propagation across the entirety of the 200 ft gross (100 ft net) reservoir column and extended laterally some 300-400 ft. The Company's preliminary estimate of the efficiency of the frac was 50% of theoretical design performance and compares favourably with the calculated frac efficiency of c.20% experienced in the Alkaid-2 operations in the deeper ZOI accumulation last year. This improvement was the result of several key changes to the frac design, which allowed the frac to remain within the reservoir and validates the ability to achieve at least the planned for 2x improvement in frac efficiency in future. (ii) Multiple fluid samples were gathered indicating a measured gas oil ratio ("GOR") of 3,000 - 4,000 standard cubic feet per barrel ("scf/bbl") and an API gravity of 35-36. The plan targets FID (final investment decision) by the end of 2025 with first production to follow in early 2026. Estimated costs to first production are conservatively estimated at $120 million, based on: $20 million for the hot tap; $20 million for facilities upgrade (including preparing Alkaid-2 for injection service); $6 0 million for the first three production wells; $20 million for three years of corporate G&A This cost to reach first production contrasts with other developments in the region, requiring at least an order of magnitude greater expenditure. Additional development costs after first production are expected to be funded through debt or equivalent sources. The Company will provide further updates on its financing activities, designed to minimize equity or other value dilution for existing investors, as arrangements progress.New Risk • Oct 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (US$455k revenue). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (19% increase in shares outstanding).お知らせ • Sep 27Pantheon Resources plc Announces Commencement of Operations for the Re-Entry at Alkaid-2Pantheon Resources plc announced that operations for the re-entry at Alkaid-2 have now commenced. The Alkaid-2 re-entry has three primary objectives: to gather the best possible reservoir fluid samples for pressure-volume temperature ("PVT") analysis; to determine initial reservoir pressure; and test the improvements in the frac design discussed in recent Company webinars. The objective of the operations at Alkaid-2 is not to target maximum flow rates. Pantheon will deliberately restrict the flow rates to minimise gas production into the well bore and allow optimum data collection. The Alkaid-2 well was positioned to target the Zone of Interest (ZOI) in the optimum location and is on the edge of the mapped SMD reservoir. Notwithstanding the thinner SMD interval at this location when compared to the core of the Ahpun Field, the well encountered encouraging hydrocarbon indications en route to the deeper ZOI. The programme of operations to achieve the three primary objectives includes: Make well safe in preparation for operations. Run a plug to isolate the Alkaid ZOI below the SMD horizon. Perforate a limited section to ensure injection pressures are high enough to propagate the frac lobes horizontally as desired. Pump 11,000 bbls of water and 400,000 lbs of 100 mesh sand. Flow back slowly to prevent or limit gas flashing in the reservoir (i.e. exsolving from solution in an uncontrolled manner) in order to gather the most representative fluid samples possible. Monitor pressures throughout to assess frac efficiency and original reservoir pressure. The Alkaid-2 well was drilled in 2022 and was positioned to prioritise testing of the primary target (or 'zone of interest', "ZOI"), being the oil zone successfully flow tested in the Alkaid-1 well in 2019. Testing of the ZOI was compromised in Alkaid-2 as a result of wellbore blockages, necessitating a number of cleanout and other remedial operations. Ultimately, the ZOI produced an IP30 production rate of c.505 barrels per day ("BPD") of marketable liquid hydrocarbons consisting of oil, condensate and NGLs, as well as natural gas. As previously announced, extensive analysis has been undertaken on the Alkaid-2 ZOI results with the data supporting a commercial development based upon 10,000ft lateral development wells, a doubling of the frac efficiency to 40% and assuming no improvement in reservoir quality. The data indicates that well productivity has the potential to improve materially based upon better frac design. Tony Beilman, Pantheon's recently appointed Senior VP of Engineering, and an expert in fracking in North America, believes that with iterative optimisation, Pantheon has the potential to meet typical performance benchmarks, a 4x improvement upon that achieved in the ZOI. One of the primary objectives of the upcoming Shelf Margain Deltaic test is to assess the efficacy of an updated frac design.Recent Insider Transactions • Aug 31Executive Chairman recently bought €191k worth of stockOn the 29th of August, David Hobbs bought around 1m shares on-market at roughly €0.19 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.お知らせ • Aug 30Pantheon Resources plc Receives an Independent Expert Report Which Provides an Estimate of Contingent Resources Recoverable from Its 100% Working Interest Kodiak Project, Formerly Known as Theta WestPantheon Resources plc advise that it has received an Independent Expert Report ("IER") which provides an estimate of contingent resources recoverable from its 100% Working Interest Kodiak project, formerly known as Theta West ("Kodiak"). A full copy of the report will be published on the Company's website. The 2C estimates (best estimates) of oil and natural gas liquids ("NGLs") total 962.5 million barrels of marketable liquids. As previously advised by management, the NGLs on Pantheon's projects are of material value as they can be blended with the oil and the combined stream of oil, condensate and NGLs has been estimated by management to yield approximately 90% of the value of the Alaska North Slope ("ANS") price per barrel. The management believe the Kodiak NSAI IER supports the Company's development plans for the Kodiak project, which will involve development of leases totaling some 126,000 acres (including the recently awarded additional acreage), delineated by the Company's proprietary 3D seismic and confirmed by three wells (Pipeline State 1, Talitha-A and Theta West-1). The field is defined as the hydrocarbon bearing horizons contained within the large basin floor fan between the Hue Shale top seal and the underlying HRZ shale, from their downdip pinchout east of Talitha-A running to over 15 miles northwest into the new "chimney acreage" acquired in the 2022 area wide lease sale. The Company believes that this is one of the largest basin floor fan systems discovered onshore in the past few decades. he absence of wireline electric logs or sidewall cores taken at Theta West-1, due to hole stability issues and the limited time available at the end of the drilling season, has meant that the highest resolution data that captures the thinly interbedded reservoir in the Kodiak field is limited to the Talitha-A well. The Company plans to drill the next Kodiak well significantly updip from the Talitha-A and the Theta West-1 wells, where management believe the lower depth of burial ("Dmax") should lead to improved reservoir characteristics compared to both Talitha-A and Theta West-1. The Company has completed a detailed geological model taking into account data from wells in the immediate area which include the producing Tarn and Meltwater fields. Pantheon plans to drill the next Kodiak appraisal well in the recently acquired leases, some five miles northwest of Theta West-1. Based on the Company's petrophysical analysis noted above, a Theta West-2 well in that location would be expected by management to encounter a reservoir section with 37% of the pay interval exhibiting porosities at or above 12% and permeabilities of greater than 0.1 milliDarcies - the typical cut-off for recognising reservoirs as conventional, which typically yield higher flow rates and hydrocarbon recovery rates. The reservoirs in the structural updip portion on the Theta West structure are expected by management to exhibit the highest quality on Pantheon's acreage, in its largest trapping mechanism. The Company plans to cut full cores and acquire a full suite of wireline logs and representative fluid samples/flow tests in future appraisal wells to address the contingencies in NSAI's evaluation. Demonstrating the character of the reservoir at the most granular possible level creates potential for future increases to recoverable resource estimates. the company confirm that the All-American Oil Rig 111 has been formally contracted forthe re-entry of the Alkaid-2 well to test the SMD horizon. Pantheon has also awarded all major service provider contracts necessary for the operation. Finalisationof necessary permits forthe operation is ongoing, with mobilisation of the rig targeted for September.Board Change • Aug 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director Allegra Scheirer was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jul 04Pantheon Resources plc Appointment of Allegra Hosford Scheirer as Independent Non-Executive DirectorPantheon Resources plc announced the appointment of Allegra Hosford Scheirer as Non-Executive Director with immediate effect. Allegra is an internationally recognised expert in petroleum system analysis, having deployed basin modelling, organic geochemistry, geophysical techniques, and machine learning to evaluate numerous oil and gas provinces throughout the world, including the Alaska North Slope. Allegra graduated with a Ph.D. in marine geology and geophysics from the Massachusetts Institute of Technology and subsequently worked with the Energy Resources Program at the U.S. Geological Survey ("USGS"). She has been a scientist at Stanford University for 15 years.お知らせ • Jun 09Pantheon Resources plc Announces Executive ChangesPantheon Resources plc announced that Phillip Gobe has informed the Company of his intention to retire and the Board has elected David Hobbs as Chairman, with the intention for him to become Executive Chairman upon execution of an employment agreement. David joined Pantheon's Board in March 2023 with the goal of helping to sharpen the Company's strategic focus and improve communication with investors. As Executive Chairman, he will work with the existing management team to broaden the recognition of the value of the Company's assets and to build on the operational, financial and commercial capabilities of the organization.お知らせ • Jun 07Pantheon Resources Plc announced that it has received $0.630904 million in fundingOn June 6, 2023, Pantheon Resources Plc closed the transaction. The transaction included participation from nine investors.お知らせ • Feb 16Pantheon Resources plc Completes Alkaid #2 Well CleanoutPantheon Resources Plc announced the cleanout of the sand blockage in the Alkaid #2 well is now complete and the Nordic Calista #2 rig has moved off the Alkaid #2 well head after replacing the production tubing. Commencement of these operations was delayed due to poor weather and a number of electrical and hydraulic issues with the rig which are now all resolved. The team is currently connecting Alkaid #2 to the production facility in preparation for the resumption of the long term production testing operations which will recommence shortly. The entire facility will now run on power completely generated with produced gas without any ancillary equipment.お知らせ • Dec 30Pantheon Resources plc Provides the Operational Update on the Alkaid #2 WellPantheon Resources Plc provided the following operational update on the Alkaid #2 well. Operational update - Alkaid #2: As previously announced, the lateral section of the Alkaid #2 wellbore is partially blocked with approximately 1,000 feet of frac sand which (i) has restricted tested flow rates due to the lack of contribution from the blocked section, and (ii) has necessitated a more conservative testing protocol in order to not exacerbate the blockage, which has resulted in a slower 'cleanup phase'. Encouragingly, despite the blockage, the well is flowing naturally into Pantheon's recently commissioned permanent production facilities located on the Dalton Highway at a rate of over 500 barrels per day (bpd) of hydrocarbon liquids which includes oil, condensate and natural gas liquids (NGL's), as well as significant natural gas, from an estimated 4,000 ft of lateral. Importantly, it is estimated that the well is still less than 40% of the way through cleanup phase, so potential exists for these rates to further improve. Crude oil is processed on location and oil sales are underway. To date over 7,000 barrels of 38-41 degree API oil has been trucked and sold into the Trans Alaska Pipeline System. This oil is lighter than existing North Slope oil production and hence a welcome addition to the production stream. A proportion of the gas production is used to generate power across all the facilities that are now electrically powered and operational, reducing flaring and providing cost savings to operations at this location. Production: At this early clean up stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4,000 ft unblocked section, with gas rates well above original prognosis. Sustained daily production over more than the last 30 days has averaged over 500 barrels per day of hydrocarbon liquids, of which circa 200 bpd of crude oil and over 300 bpd being condensate and NGLs, all of which can be sold either by blending into the pipeline or trucking to an Alaskan refinery. Gas rates are above 2.5 mmcfd which is higher than originally anticipated, however this is not believed to be from a gas cap but coming out of solution near the well bore. This is not considered a long term problem as excess gas could be reinjected into the reservoir for pressure maintenance. This combined hydrocarbon deliverability to date confirms the forecasted reservoir properties and highlights the potential deliverability of the Alkaid reservoir. The Company is confident there is upside above these rates as it is apparent that only a portion of the completed wellbore is contributing to the production stream; and it is estimated that the well has produced to date less than 40% of the volume of frac fluid used in the stimulations. Sand: As previously announced, the flow rate is restricted by the accumulation of sand in the horizontal portion of the well bore also slows down well cleanup. This is not uncommon in long horizontal wells that have been treated with multi stage fracture stimulations. With the correct equipment, removing the sand and cleaning the well is a simple operation which is currently planned for January. The sand blockage in the well bore was identified early in the production test, however no winterized workover rig was available which prohibited the removal of the tubing and a proper clean out at that time. Instead, a coiled tubing unit ("CTU") was used to conduct a through-tubing cleanout, but was unable to reach the full well depth and hence was partially successful with more than 1,000 ft remaining blocked and untouched by the CTU clean out. A rig is available in January to clean out the entire well bore and is expected to open the entirety of the lateral allowing the full potential of the well to be revealed and at the same time accelerating the clean up phase. In advance of the clean out the Company plans to shut in and perform reservoir diagnostics, a normal oilfield practice, to gather additional data.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Chairman of the Board Phillip Gobe was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 25Pantheon Resources plc Provides Operational Update, Alkaid #2 WellPantheon Resources plc to provide the following operational update: Alkaid #2 - Operational Update: Production testing operations at Alkaid #2 have commenced with the well in the clean-up phase and showing positive early indications of oil production from the reservoir. During this clean-up phase, in addition to the fluid production, the strong flow back has yielded frac sand production higher than expected, which is not uncommon in similar completion procedures. The Alkaid #2 well is being shut in as part of the planned procedure to transition from temporary flow back facilities to larger permanent facilities, and a coiled tubing unit will be used to clean out the wellbore. Additionally, Pantheon will undertake a pressure build-up operation by placing a pressure "bomb" in the production packer and allowing formation pressure to increase for several days. This will allow for analysis of multiple reservoir parameters and is a standard reservoir engineering analytical tool. The operations to date have recovered approximately 10% of the frac fluid used, with oil cuts averaging from 8% to 12%. Typically, a better indication of ultimate production performance can be ascertained after recovering over 40% of the frac fluid, which the Company expects to achieve over the coming weeks. Alkaid #2 has produced initial fluid flow with rates in the thousands of barrels per day, including a strong sand production response which the Company will address to ensure sand is not restricting the wellbore. Pantheon is awaiting delivery of a coiled tubing unit to clean out the well bore prior to recommencement of flow test operations.お知らせ • Sep 26Pantheon Resources Plc Provides Operational UpdatePantheon Resources Plc provided the following operational update: The Company reported that the completion and stimulation phase at Alkaid #2 has concluded, and a production packer has been set. Completion equipment is currently being demobilized and preparations are underway for flow testing. The Company will shortly commence commissioning its facilities which were recently increased in capacity in order to handle potential additional production. A workover rig is estimated to arrive to location over the next week to ten days to install production tubing prior to commencing flow testing operations. A significant amount of fluid was introduced into the well during stimulation procedures which will return first during the 'clean-up phase', prior to the subsequent commencement of oil production later in October, if successful. Flow Testing at Alkaid #2: In preparation for flow testing, Pantheon has applied to the Alaska Oil and Gas Conservation Commission ("AOGCC") for a long-term pilot production test with a hearing set for 27th October to consider gas flaring at the Alkaid #2 well. This hearing is part of the normal process for a long-term pilot production test as the AOGCC must determine when the project is considered to transition from testing a new formation to entering regular production. AOGCC regulations state that gas flaring is permitted during testing but must be limited during regular production operations. The hearing is not anticipated to delay or curtail planned testing operations. The purpose of the long-term pilot production test of the Alkaid interval is to gather data necessary to understand the characteristics of production from that reservoir. This includes determining the initial production rate, the production decline curve and the Gas to Oil Ratio. This information will then be used to model the potential commerciality of the project, optimize design of production facilities for long-term production, determine the amount of associated gas produced with the oil and identify the most efficient uses for that gas. The hearing will allow the AOGCC commissioners to gather information about the project to determine the length of the testing program and thus when the project should be considered to be in regular production.お知らせ • Sep 07Pantheon Resources plc Provides Operational UpdatePantheon Resources plc provided the following operational update. The Nabors 105 rig, used to drill the Alkaid #2 well has been fully demobilised, and wireline and completion equipment is now on location where completion operations have commenced. The well will be perforated, stimulated and plugged off in sections, prior to the commencement of flow testing, anticipated in early October. The Company looks forward to advising shareholders of flow test results in due course. Pantheon announced that it has upgraded the capacity of the production facilities, which are currently enroute to the North Slope. The increased capacity of these modular facilities is sufficient to process oil production from multiple wells.お知らせ • Aug 18Pantheon Resources Plc Provides Operational Update on Alkaid #2 WellPantheon Resources Plc announced the conclusion of drilling operations, and the commencement of preparations for stimulation and flow testing at the Alkaid #2 well. Drilling operations atthe Alkaid #2 horizontal well bore have now concluded, reaching a total measured depth of 14,300 feet ('ft') which includes a lateral length of 5,300 ft. A 5 ½ inch liner has been run, set, cemented at the bottom and tested for integrity. Pantheon, like all companies in the oil and gas industry, is experiencing significant inflationary cost and supply chain pressures at present, and hence is extremely pleased that drilling of the lateral section was accomplished smoothly and without incident. Future production wells will have a targeted lateral length of +/- 8,000 ft. However, as this is Pantheon's first horizontal well on the North Slope, and to minimize operational risk and still deliver the production data needed to optimize development of the resource, the Company adopted a conservative approach and utilized a shorter lateral. Analysis of the logging while drilling (LWD) and gas chromatograph readings indicate that the improved reservoir parameters encountered in the vertical pilot hole have continued or improved in the horizontal well bore. This data further confirms the accuracy of Pantheon's geological models and provides the Company with greater confidence to predict reservoir tops and bottoms. As previously announced,initial analysis indicates significant improvements in reservoir quality which has the potential to lead to upgrades of the current resource estimates for all targeted horizons. Analysis of data received to date also highlights the progression in the Company's ability to accurately predict the presence of light oil bearing reservoirs using 3D seismic data, geological and geophysical capabilities, further enhancing confidence in future drilling and development planning. The quality of data received from the well has been extremely high and the Company will assess the flow test and other well data before making a final decision on the winter 2022/23 operations program. Future operations at Alkaid #2 involve demobilizing the Nabors Rig 105 and moving in a smaller completion rig to undertake the extended completion operations of perforating and stimulating the horizontal section approximately every 165 ft and will necessitate +/- 30 separate perforation and stimulation stages. After the completion, long term production testing will utilize a modular production kit capable of separating any oil, gas or water from the production stream before trucking this oil to a nearby production unit for sale. As mentioned previously, Pantheon will use unconventional production techniques, applying this technology to the conventional sandstone reservoirs encountered across the entire project area.お知らせ • Jul 30Pantheon Resources Plc Provides Operational Update on Alkaid #2 WellPantheon Resources plc provided update on the Alkaid #2 well. Alkaid #2 Well - Target Vertical Depth Reached: The Alkaid #2 pilot hole has now reached a total vertical depth of 8,584 feet ('ft'), with a measured depth of 8,950 ft, having encountered multiple oil bearing reservoirs in all three targeted formations in the well: the Shelf Margin Deltaic, the Alkaid Anomaly, and the deeper, untested extension of the Alkaid Anomaly ("Alkaid Deep"). Initial analysis indicates significant improvements in reservoir quality which could potentially lead to a material upgrade of the current resource for all targeted horizons. Analysis of data received to date confirms the Company's ability to accurately predict the presence of light oil bearing reservoirs using 3D seismic data, geological and geophysical capabilities, further enhancing confidence in development planning and expected outcomes. All reservoirs were encountered on prognosis at predicted depths with reservoir quality exceeding pre-drill expectations. Alkaid #2 confirms more than 1,400 ft of gross continuous oil bearing strata throughout the section drilled below the regional top seal at 7,165 ft down to at least the 8,584 ft total vertical depth. Under instruction from the Alaska Oil and Gas Conservation Commission (AOGCC), drilling was stopped at 8,584 ft, despite not having reached the bottom of the Alkaid Deep section, to allow a sufficient margin to avoid contact with the high pressure HRZ zone and possible fault. Shelf Margin Deltaic, Analysis confirms: The northern extension of the Shelf Margin Deltaic ("SMD") horizon from Talitha in the south to northeast, across the Dalton Highway east of Alkaid #2. Net 272 ft oil bearing reservoir encountered which was thicker and of better reservoir quality than pre-drill estimates. Alkaid Anomaly, Analysis confirms: Net 155 ft oil bearing reservoir encountered which confirms that the zone extends over the four mile distance between the Alkaid #1 and Alkaid #2 wells. Exceeded pre-drill expectation of reservoir thickness and quality. Detailed analysis of cuttings and sidewall cores is currently underway to help optimise the completion of the well and long term testing operations. Alkaid Deep: Drilled 300 ft deeper than Alkaid #1, all of which was oil bearing reservoir. Pantheon estimates the potential for an additional +/- 200 ft of oil bearing section below total depth ("TD"). Reservoir quality encountered was better than prognosis. FMI analysis is currently underway which, once complete, will determine the net reservoir thickness. Ongoing Analysis: Sidewall coring has been completed throughout the oil bearing section and analysis is underway. Comprehensive Volatiles Analysis ("VAS") has commenced following the collection of sealed well samples every 10 ft throughout the entire target interval from 7,100 ft measured depth to total depth of c.8,950 ft. The Company is now preparing to move up the wellbore for drilling of the horizontal section in the Alkaid Anomaly (primary objective), before casing, stimulating and ultimately flow testing the well. Pantheon believes that in a development scenario, future wells will be drilled with +/- 8,000 ft horizontal sections. However, this being the first well in the area, a more conservative approach will be taken with a shorter lateral simply to minimise operational risk. The Company expects to provide a further update to shareholders once the horizontal well has been drilled and cased, but prior to testing. Pantheon is extremely encouraged by data received to date, however, as always, cautions that a definitive assessment of ultimate commerciality cannot be determined until flow testing has been undertaken.お知らせ • Jul 07Pantheon Resources plc Announces Spudding of Alkaid #2 WellPantheon Resources Plc announced the following updates. Operations have commenced on the Alkaid oil accumulation with the spudding of Alkaid #2, the Company's first horizontal well on the ANS, using the Nabors 105AC drill rig. The rig is larger than those previously used, with increased capacity, and can undertake multiple functions. As of 8 PM BST on 6 July, Pantheon was drilling ahead at a depth of approximately 300 feet. The Alkaid #2 well will assess three impactful objectives over multiple formations: Production testing a proven oil formation encountered in Alkaid #1; Exploring the deeper potential for oil in that zone. Appraising an extension of oil discovered in the Shelf Margin Deltaic at Alkaid #1 and Talitha #1. The Alkaid #2 well is located adjacent to the Dalton Highway and Trans Alaska Pipeline System (TAPS) which are the main transportation highway and export pipeline, respectively, and approximately 4.5 miles from the Alkaid #1 discovery well drilled in 2015. A key objective of this well is to gain robust production test data to accurately assess the ultimate potential of the reservoir. Whilst the Company believes the optimum well design to exploit the Alkaid anomaly would include +8,000 foot lateral sections, in this first well the Company will adopt a more conservative approach with a shorter lateral simply to minimise operational risk. The primary function of Alkaid #2 is to conduct a long term production test on the oil zone previously tested at Alkaid #1. If successful, Pantheon will truck the produced oil to?Pump Station?#1, located approximately 20 miles north of Alkaid, and sell the produced oil to a nearby North Slope facility. Alkaid #1 tested an average of over 100 BOPD via a small "through-tubing single frac", which perforated six feet of the 240 feet net pay interval. Alkaid #2 will test this same zone through a long horizontal section accessing several thousand feet of oil bearing section. Alkaid #2 also has significant exploratory potential immediately below the total depth at Alkaid #1. As part of the current drilling programme, the Company intends to evaluate the extent of this deeper oil column. Alkaid #1 was terminated within the oil zone at a time when regional flooding of the Dalton Highway occurred. Based on seismic and other analytical analysis, the Company believes the Alkaid horizon's oil zone is substantially thicker than drilled to date, offering the potential for additional resource growth to that outlined above and which will be assessed in the Alkaid #2 well. This increased resource potential combined with current oil price forecasts, as opposed to the $55/bbl used by the Independent Expert in 2020, could have a material impact on any new resource valuation.Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Chairman of the Board Phillip Gobe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Apr 25Pantheon Resources plc Provides A Management Resource Upgrade on the Lower Basin Floor Fan At Theta West and an Oil in Place Estimate on the Slope Fan System At TalithaPantheon Resources plc provided a management resource upgrade on the Lower Basin Floor Fan (LBFF) at Theta West and an Oil in Place estimate on the Slope Fan System (SFS) at Talitha. Highlights: A significant management resource upgrade in the LBFF at Theta West to 17.8 billion barrels of oil in place (OIP), a 61% increase on previous estimates, and a recoverable resource of 1.78 billion barrels as a most likely case, a 48% increase on previous estimates. Given the discoveries of oil confirmed by testing in the LBFF at Theta West, and previously at Talitha #A, as well as the oil encountered at Pipeline State #1, the Company believes the above estimate could be categorized as a Contingent Resource. The new discovery of oil in the SFS at Talitha which management believes has the potential to contain 2.2 billion barrels of OIP, opening up another significant development opportunity in and around the current resource base. Additional analysis is required before Pantheon can estimate the recoverable resource in the SFS. These resource upgrades will be discussed in the upcoming webinar, along with the expectations for the Alkaid #2 well, planned for July 2022. Resource Upgrades: Lower Basin Floor Fan at Theta West #1: Pantheon to report that it has now completed its internal analysis of the LBFF system encountered in the Theta West #1 well. Management estimates the LBFF contains 17.8 billion barrels of OIP and a Contingent Resource (recoverable) of 1.78 billion barrels as a most likely case, both significant increases on previous estimates. There are now three well penetrations into the LBFF all confirming oil, which combined with the high quality 3D seismic provides confidence of the large resource potential of this accumulation. The resource upgrade is mostly derived using new reservoir parameters encountered in the Theta West well and greater confidence about the reservoir in general over this large area. Theta West confirmed the Company's prognosis of greatly improved reservoir quality, and thus a deterministic model was constructed of the reservoir using the reservoir parameters of Talitha #A in the down dip portion of the oil accumulation and reservoir parameters from Theta West #1 in the updip portion of the oil accumulation. The Theta West reservoir is some 1,500 feet shallower and some 10.5 miles in distance from the Talitha location. At tomorrow's Webinar the Company will show a histogram of the reservoir characteristics at both locations, which will pictorially illustrate the improvements. Prior to shutting in the Theta West #1 well due to the onset of extreme weather, the data obtained during testing had indicated reservoir quality superior to Talitha #A with high quality light oil encountered across the entire section. Samples analysed to date by AHS/BakerHughes, independently contracted to undertake Volatiles Analyses, has also confirmed the presence of light oil within each and every sample taken across the LBFF. As for all new oilfield discoveries, ultimate commerciality will require long term production testing such as that planned to spud in July at Alkaid #2 and be the first commercial production test of the Brookian sequence in the Pantheon acreage. Slope Fan System at Talitha #A: The Company has also completed its initial analysis of the SFS, a secondary target at the Talitha #A well which management estimates to contain 2.2 billion barrels of OIP. Additional analysis still needs to be undertaken before Pantheon can advise on a recoverable resource estimate for the SFS. Further details will be provided in due course. During the 2022 winter testing programme, Pantheon successfully stimulated and flow tested the two lobes of the SFS in the Talitha #1 well, producing high quality c.35 to 38 degree API oil and averaging 45 barrels of oil per day (BOPD) over a three day test period. The two SFS lobes are in two distinct trapping systems and suggest very good reservoir properties. The Company's initial analysis suggests that the deeper of the two lobes extends below the Alkaid Deep anomaly and will be assessed in the upcoming Alkaid #2 well, planned for July 2022.お知らせ • Feb 22Pantheon Resources plc Provides Operational UpdatePantheon Resources plc provide the following update Operational Update - Talitha #A: The Company announced that flow testing operations have now been completed on the Slope Fan System ("SFS"), a Brookian aged horizon, at Talitha #A. The Company perforated two separate five foot ("ft") intervals at 8160 - 8165 ft and 7855 - 7860 ft, within two distinct circa 50 ft sand bodies or 'lobes'. The two intervals were stimulated and flow tested together, producing high quality circa 35 to 38 degree API oil and averaging 45 barrels of oil per day ("BOPD") over a three day test period. On the final day of testing, the well was flowing at a sustained rate of approximately 32 BOPD from this combined 10 ft of perforations which is highly encouraging given production wells on the Alaska North Slope are drilled horizontally, which would typically result in materially higher flow rates. This is the first indication of producible oil in the Slope Fan on Pantheon's acreage and has significant implications for future resource and recoverable oil estimates. The two SFS lobes are in two distinct trapping systems and suggest very good reservoir properties. The Company's initial analysis suggests that the deeper of the two lobes extends below the Alkaid Deep anomaly and will be assessed in the upcoming Alkaid #2 well, planned for summer 2022. The Company has not previously provided guidance on potential resource for the SFS. The Company is greatly encouraged by these results and will provide an estimate of resource and recoverable oil in due course, once analysis is completed and the Talitha test results are fully integrated into resource assessments and future appraisal plans. Theta West #1 Operational Update: After casing was set, an error by a third party service company contractor working on the rig floor has delayed testing operations. A cement stage tool was improperly configured, placing cement inside the casing rather than outside casing as intended. The Company will undertake work to remove cement from within the casing, prior to performing a remedial cement squeeze job. The Company expects this work to be completed over the course of this week prior to conducting flow testing operations of the Basin Floor Fan. The issue has cost time and money, however, the Company does not believe this has compromised the reservoir potential in any way.お知らせ • Feb 15Pantheon Resources plc Provides Theta West #1 Operational UpdatePantheon Resources plc provided the following update: Pantheon confirms that Theta West #1 has reached total depth (TD) at 8,450 feet having drilled through both the Upper Basin Floor Fan (UBFF) and Lower Basin Floor Fan (LBFF) target horizons, which are Brookian age, and having encountered approximately 1,160 gross feet of hydrocarbon bearing reservoir across both horizons combined. Data received so far indicates the reservoir quality is superior to Talitha #A, with high quality light oil encountered across the entire section. The Company is now preparing to set casing prior to flow testing within both horizons over the coming weeks. The UBFF was encountered between 6,800 and 7,000 feet, and the LBFF was encountered between 7,450 feet and 8,410 feet depth. The top of the UBFF is located approximately 150 feet higher than pre-drill estimates. Well bore conditions in the shallower sections above the primary objective, combined with the extremely cold weather, have prevented the Company from conducting wireline operations in the open hole. However, the Company undertook Logging While Drilling (LWD) operations which included resistivity, gamma ray, neutron density, formation density along with gas chromatography readings during drilling which has provided excellent quality data, indicating the presence of hydrocarbons in the targeted horizons some 1,500 feet structurally higher (updip) from the Talitha #A well, 10.5 miles to the southeast. Samples analysed to date by AHS/Baker Hughes, which have been contracted to undertake Volatiles Analyses (VAS), has also confirmed the presence of light oil within the UBFF and the top portion of the LBFF, consistent with the LWD data. AHS/Baker Hughes is yet to complete analysis of the lower portion of the LBFF. Operations at the well site have been impacted by the extremely cold temperatures (-55 degree Celsius wind chill), which have caused some disruption through a number of equipment failures and a reduced ability for personnel to work outside in such extreme conditions. Due to the well bore conditions and weather, the Company was unable to core or to collect open hole wire line logs, however, the data gathered to date has been of sufficient quality to allow the Company to analyse the well bore. The Company has decided to preserve the well bore and run casing, prior to undertaking cased hole logging and subsequently flow testing. As always, the Company cautions that it is too early to draw final conclusions as to the ultimate potential of the well which can only be assessed after the completion of flow testing operations. Operational update - Talitha #A: Testing of the Slope Fan System (SFS) is now underway and results will be reported when completed. As with the Basin Floor Fan at Talitha #A, the SFS is also a secondary target in a suboptimal location in this well, and thus the objectives for testing are to (a) prove the movability of hydrocarbons, and (b) to confirm high quality light oil. No resource estimates have been provided to date for the SFS.お知らせ • Feb 08Pantheon Resources plc Announces Talitha #A Testing UpdatePantheon Resources plc provided update on Talitha #A - Flow Testing the Basin Floor Fan. The company announced that testing operations have now been completed on the Lower Basin Floor Fan, a Brookian aged horizon. Three separate 10 feet ("ft") intervals were perforated over 370 ft out of 600 ft of gross section, at 9,405 to 9,415 ft, 9,205 to 9,215 ft and 9,045 to 9,055 ft. These three intervals were individually stimulated and flow tested, producing high quality c. 35 to 39 degree API oil and averaging 73 barrels of oil per day ("BOPD") over a three day test period. On the final day of testing, the well was flowing at a sustained rate of approximately 40 BOPD. Encouragingly, the bottom hole pressure is near to the reservoir pressure, thus providing an indication of the production potential of this portion of the oil accumulation, which is at the distal limits of the field. Future development wells would all be drilled horizontally and stimulated with multiple stage fracs, meaning that flow rates are expected to be many times higher. The company is greatly encouraged by these results given the optimal location for any development of the BFF is in a structurally higher position which is presently being drilled and tested at Theta West, 10.5 miles to the north west, where the BFF is the primary objective. As a reminder, Talitha #A is a vertical test well drilled in 2021 which was located to target the Shelf Margin Deltaic ("SMD") horizon as the primary target, with other horizons as secondary targets given the well's sub optimal location for those reservoirs. Notwithstanding, the well has encountered several independent oil horizons, all of which were confirmed to be oil bearing; (i) the Shelf Margin Deltaic, (ii) the Slope Fan System, (iii) the Upper Basin Floor Fan, (iv) the Lower Basin Floor Fan, and (v) the Kuparuk. Independent 'Volatiles Analysis' undertaken by Advanced Hydrocarbon Stratigraphy /Baker Hughes during drilling Talitha #A took 416 cuttings over a 3,700 ft section spanning these five horizons mentioned above, with every single sample confirming the presence of oil.お知らせ • Jan 24Pantheon Resources Plc Announces Spudding of Theta West #1 Well & Operations UpdatePantheon Resources plc provided the following update: Spudding of Theta West #1 Well (Pantheon: 100% working interest). Following the completion of its work preparing the Talitha #A well for testing, the Nordic Calista #3 rig mobilized c. 8.5 miles to the Theta West location where it spudded the Theta West #1 well at approximately 10pm GMT on 21 January. As of 10pm GMT last night the company is drilling ahead at a depth of 1,874 feet. Theta West #1 is targeting two primary targets; (i) the Upper Basin Floor Fan, and (ii) the Lower Basin Floor Fan. Combined, these horizons are estimated by the Company to contain 12.1 billion barrels of oil in place with an estimated 1.4 billion barrels of recoverable resource. The top of the formation is estimated at a depth of about 7,600 feet ("ft") with an estimated 1,300 ft reservoir thickness. The forward plan is to drill to target depth, estimated at c. 9,200 ft, case the hole, and begin testing operations on both the Lower Basin Floor Fan and Upper Basin Floor Fan. Prior to relocating to the Theta West #1 location, the Nordic Calista #3 rig completed preparations for testing operations at the Talitha #A well which included a plugging operation on the Kuparuk Zone. The Kuparuk will form the focus of a future well. A Schlumberger fracking unit and the XPRO flow back testing equipment are mobilized and on location. Testing operations commenced over the weekend and will start from the lowest formation, the Lower Basin Floor Fan, before proceeding sequentially to the two shallower Slope Fans (which will be tested together) and the Shelf Margin Deltaic horizons. A Coiled Tubing Unit used for flow testing operations will mobilize to location after the completion of the frack job. Talitha #A was drilled in 2021 and encountered five independent oil horizons, all confirmed as being oil bearing; (i) the Shelf Margin Deltaic, (ii) the Slope Fan System, (iii) the Upper Basin Floor Fan, (iv) the Lower Basin Floor Fan, and (v) the Kuparuk. Independent 'Volatiles Analysis' undertaken by the experts at Advanced Hydrocarbon Stratigraphy /Baker Hughes took 416 cuttings during drilling of the well over a 3,700 ft section spanning these five horizons, with every sample confirming the presence of oil.お知らせ • Jan 13Pantheon Resources plc Announces Theta West Drilling Permit ApprovalPantheon Resources plc provided the following update: Pantheon announced that it has received notification from the Alaska Oil & Gas Conservation Commission that the permit required to drill the Theta West #1 well has been approved. The Nordic Calista #3 rig is on location at the Talitha #A well where it will complete works to prepare the well for testing, prior to being mobilised to the Theta West #1 location for the spudding of that well. Given that Talitha #A is already drilled and cased, a smaller coiled tubing unit will be utilised for testing of that well, once preparation works have been completed with the larger rig. The ice road to Theta West is still under construction, with the approximately one mile still to be fortified and completed. Following this, the pad will be constructed prior to the move of the rig.お知らせ • Jan 07Pantheon Resources Plc Provides Operations UpdatePantheon Resources Plc announced the following operations update: Ice road completion and rig mobilisation: The ice road from the Dalton Highway to the Talitha #A location, together with the pad at the Talitha #A location have both been completed and the camp set up. Construction of the eight mile ice road from Talitha #A to the Theta West #1 location is also approximately 50% completed. The Nordic Calista #3 rig, the rig used to drill Talitha #A last year, commenced its mobilisation from Deadhorse, Alaska to the Talitha #A location on 4th January where it is expected to arrive by 6th January. Once on location, it will prepare the Talitha #A well bore for testing operations. When completed, the rig will mobilise to the Theta West #1 location and used for drilling operations. As Talitha #A was drilled last season, a smaller low cost coiled tubing unit will conduct testing operations. 2022 Drilling season objectives: Pantheon's upcoming programme and near-term objective is to prove the resource at Theta West and the commercial potential of its discovered resources at its Talitha and Greater Alkaid projects. Pantheon has a 100% working interest in each of these projects. Post the recent capital raising, Pantheon is now funded to execute the evaluation of these potentially large resources, currently estimated by management to contain a combined 17 billion barrels of oil in place with an estimated recoverable volume of 2.2 billion barrels of oil. The 2022 work programme will involve the following: Testing of the multiple oil zones confirmed by Pantheon at Talitha #A; Drilling a new well at Theta West - the 'Theta West #1' well; and Drilling an appraisal/development well (the 'Alkaid 2H' well) at Greater Alkaid, offsetting the Alkaid #1 discovery well. Pantheon's projects are all located on State land, in close proximity to established infrastructure, and there are no known environmental impediments to drilling operations. The close proximity to established pipeline and transportation infrastructure offers significant advantages to the Company in the event of success. Talitha #A Testing Operations: Talitha #A will test several oil bearing zones that were encountered in 2021, when Talitha #A confirmed oil accumulations previously discovered by the Pipeline State #1 well, drilled by Arco Alaska in 1988. Several distinct stratigraphic oil zones were identified at Talitha #A which have been further defined using advanced seismic petrophysics, a technology that integrates petrophysics, geophysics and geology. The Talitha #A well confirmed five potentially productive zones, from deepest to shallowest as follows: (i) Kuparuk, (ii) Lower Basin Floor, (iii) Upper Basin Floor Fan, (iv) Slope Fan and (v) Shelf Margin Deltaic. In 2021, the Company was only able to test the deepest of these zones, the Kuparuk Formation, as operational issues extended testing operation to the end of the drilling season when operations were suspended. The current testing programme will focus on the four normally pressured shallower Brookian zones (zones (ii) to (v) above) which are all secured behind casing. These four zones are all geologically independent of the Kuparuk, have all confirmed the presence of light oil, and will be flow tested as part of the upcoming programme. The Kuparuk, which the Company believes to offer significant potential, will form the focus of a future well. The data obtained during drilling of Talitha #A is of exceptionally high quality and has been analyzed by Pantheon's geologic, geophysical and engineering teams, supplemented by the independent analysis undertaken by AHS (Baker Hughes). This analysis has confirmed the presence of continuous stacked light oil-bearing (35+ API) reservoir zones over a 3,700 feet ("ft") interval starting at the regional top seal above the Shelf Margin Deltaic reservoir zone down to 10,456 ft. The objective of the testing operation is to confirm movable oil within these formations. Development within any of these formations will be done using horizontal wells positioned in better locations. Theta West Drilling Operation: Pantheon estimates the Theta West basin floor fan (BFF) on a 100% basis has the potential to contain 12.1 billion barrels of Oil in Place and a P50 Recoverable Resource1 of 1.41 billion barrels of oil on Pantheon's acreage. If successful, Theta West has the potential to be of very significant value to the Company. Talitha #A confirmed the Theta West structure as being oil bearing on the distil flanks of the structure. The Theta West #1 well location is approximately 8.5 miles and 1,500 ft structurally higher and "up dip" of the Talitha #A discovery, in what is believed a superior geologic location.お知らせ • Jul 16Pantheon Resources plc Announces to Provide Resource Upgrade on Its Shelf Margin Deltaic SequencePantheon Resources plc announced to provide the following management resource upgrade on its Shelf Margin Deltaic ("SMD") sequence as well as to provide details of an upcoming investor webinar. It reports that it has completed its internal analysis of the SMD-B sequence encountered in the Talitha #A well. The SMD is the shallowest of five discrete oil bearing intervals encountered in that well. The SMD interval itself is comprised of three individual components: the SMD-A, the SMD-B and the SMD-C. The excellent quality data obtained in Talitha #A has allowed Pantheon to integrate well log response and core data with seismic petrophysics to more accurately map this interval. Pantheon has completed its analysis of the SMD-B zone, one of the three zones within the SMD, and estimates that this zone has the potential to contain 2.6 billion barrels oil in place ("OIP") and a P50 Contingent Resource (recoverable) of 404 million barrels oil ("mmbo"). The Company's previous management estimate for the SMD was an OIP of 1.8 billion barrels and a P50 Prospective Resource of 483 mmbo across all three of its zones combined, of which approximately 265 mmbo were attributable to the SMD-B zone; being the zone subject to today's resource upgrade. Analysis is not yet complete on the SMD-A and SMD-C zones, although as previously reported it is anticipated that the SMD-A will experience a reduction, whereas the SMD-C is broadly in line with previous analysis. When considered as a whole, management believe the resource potential of the SMD has been upgraded substantially. The geographic location of Pantheon's leases has a significant economic advantage because they can be developed from the Dalton Highway, materially reducing development costs and accelerating the time to first production and revenues. This offers Pantheon a major competitive advantage in expediting development and production compared to other operators on the North Slope of Alaska.お知らせ • May 17Pantheon Resources Plc Resource Upgrade – Basin Floor FanPantheon Resources provided the following resource upgrade on its Basin Floor Fan Complex, which spans both the Theta West project and Talitha Unit. Company P50 estimate of 12.1 billion barrels ("BBL") of oil in place ("OIP") and of 1.41 billion barrels of Recoverable oil in the Basin Floor Fan Complex, consisting of 11.0 billion barrels OIP and 1.20 billion barrels recoverable in the Lower Basin Floor Fan and 1.10 billion barrels OIP and 0.21 billion barrels recoverable in the Upper Basin Floor Fan. The Company has now completed its analysis of the Basin Floor Fan Complex encountered in the Talitha #A well and confirms its interpretation that the Basin Floor Fan Complex encountered at Talitha is mapped to extend 10 miles into the shallower (updip) Theta West Project area. Given the Basin Floor Fan's crossover into these two different project areas, and to avoid potential confusion, all future references to the Basin Floor Fan resource (both in the Talitha Unit and in the Theta West project area) will hereafter be singularly classified by reference to the 'Theta West' project (not Talitha). The Theta West project has been at the forefront of Pantheon's leasing strategy over the past two years where the Company strategically secured a major acreage position which has captured the majority of the Basin Floor Fan play.お知らせ • Mar 09Pantheon Resources plc Provides Operational Update at Talitha #A WellPantheon Resources plc provided the following update: As previously announced, the Talitha #A well reached target depth at 10,452 ft and encountered oil in multiple formations. Recent third party analysis of the electric logs and other data has upgraded the number of significant oil bearing zones from four to five, with the addition of a highly prospective zone within the Slope Fan System. Preliminary analysis for all of these zones which include the Kuparuk Formation, Lower Basin Floor Fan, Upper Basin Floor Fan, Slope Fan and the Shelf Margin Deltaic ("SMD") are very encouraging. The Company would intend on testing each of these zones either within this current drilling season, time permitting, or suspend the well and return to test any untested zones next season. Four of the oil zones are secured behind pipe and can be tested at any time during a drilling season. Current operations are focussed on the deepest zone which is the Kuparuk Formation. The Company has therefore decided to retrace some 500 feet above the original casing shoe where the wellbore integrity is good, and to kick off a completely new sidetrack hole. This new shallower section of hole will be drilled from the existing casing string avoiding the open hole section of the well where all the problems have occured. The new sidetracked well should penetrate the Kuparuk formation some 100 feet from the original problem section of hole in a virgin reservoir section which will allow a better testing operation. The Company estimates that drilling and testing operations through this initiative will take 15-18 days and involve redrilling some 1,200 feet of new hole. The Company believes the delays and costs associated with this new testing operation is worth the investment. Pantheon has evaluated over 1,000 square miles of 3D seismic in the Talitha area and the Company believes this is the best Kuparuk reservoir encountered in any wells over this vast area. The Company believes success in this zone should prove a viable regional play that can be quantified now that a good oil bearing reservoir section has been discovered. This has important ramifications for future exploration on the Alaska North Slope in areas that previously were not considered prospective for Kuparuk oil. The four potential oil zones in the shallower section are all important but the testing sequence dictates that testing occurs sequentially from the deepest Kuparuk section to the shallowest Shelf Margin Deltaic section. It is now unlikely that time will permit the testing of all zones. However, the Company will aim to make full use of the drilling season to test as many zones as time permits. Where zone(s) remain untested, the Company will suspend Talitha #A and propose to test those remaining zone(s) next season using a smaller workover rig instead of the current larger drilling rig.お知らせ • Mar 04Pantheon Resources Plc Announces Operational Update, Talitha #A WellPantheon Resources Plc announced all covered by 3D seismic and conveniently located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, provides the following update. As previously announced, the Talitha #A well reached target depth at 10,452 ft; was logged, sidewall cored, and encountered oil in all four targeted horizons. Preliminary analysis for all of these zones at this location was very encouraging, particularly for the Shelf Margin Deltaic ("SMD"), Basin Floor Fan and Kuparuk horizons. Flow testing each of these zones sequentially from deepest to shallowest, prior to the end of the drilling season is the goal. The highly encouraging results in the Kuparuk formation, which were better than expected, have warranted a change of plans to test the Kuparuk more thoroughly. Necessarily, this has added additional complexity and time to testing of this formation and has resulted in a delay to the planned testing timetable. The Kuparuk formation is an important target on the Alaska North Slope because of its large scale and enormous regional productive capability. In order to carry out a more detailed testing operation it was decided to set a 4 ½ inch liner across the Kuparuk instead of the original plan to test in the open hole. However, because of equipment failures and technical issues, the formation started to become damaged in its current location and it has not been possible to effectively set the 4 ½ inch liner. The damage occurred to the geologic formations above the Kuparuk, a sequence of thick shales and clays, which swelled while the hole was open during the delay. Accordingly, the Company has made the decision to drill a new modestly angled sidetrack into the Kuparuk. The plan is to set and cement the 4 ½ inch liner within the sidetrack, perforate the Kuparuk and commence testing. It is estimated that the sidetrack will take 2-3 days to drill some 650 feet through the Kuparuk Formation approximately 25-50 feet lateral distance from the discovery location, which should allow a better testing operation.お知らせ • Mar 01Pantheon Resources Plc, Annual General Meeting, Mar 24, 2021Pantheon Resources Plc, Annual General Meeting, Mar 24, 2021, at 14:00 Coordinated Universal Time.Is New 90 Day High Low • Feb 18New 90-day high: €0.52The company is up 40% from its price of €0.37 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period.お知らせ • Feb 16Pantheon Resources plc Provides the Following Update on the Talitha #A WellPantheon Resources Plc provides the following update on the Talitha #A well. The Talitha #A well has successfully reached target depth at 10,452 ft. The well has been logged and sidewall cores taken, which have been sent to third party labs for assaying. The Company cautions that all analysis is preliminary at this stage, and testing is required before making any definitive assessments. Based on preliminary analysis, the well has penetrated all objective formations and encountered oil in each of them. Four distinct oil-bearing zones have been identified described in more detail below. The current plan is to test the Shelf Margin Deltaic ("SMD"), Basin Floor Fan (two separate zones) and the Kuparuk zones. Testing all zones is critical to determine ultimate commerciality. As predicted, Talitha #A encountered the SMD approximately 600 ft up dip from the zone as seen in the analogous Pipeline State #1 ("PS#1") well, four miles to the east. The PS#1 well was not tested when drilled in 1988 due to economic and other commercial factors at the time, however based upon core analysis and mudlogging it is believed that the SMD would likely be a commercial reservoir in that well. In Talitha #A, the gross oil bearing reservoir interval encountered at 6,500 ft, was in line with predrill expectations for thickness, featuring 155 ft of interbedded sand and shale, which is positive, however does not indicate an improvement to that of the PS#1 well. Lying immediately beneath the SMD zone is the Slope Fan system at 7,830 ft to 8,050 ft. Talitha #A encountered interbedded, oil bearing sands and shales that will be assessed in more detail with the modern logs that have been obtained across this interval. The Slope Fan was classified as a secondary target in this well due to its suboptimal location on the structure, with the principal objective being to gather data to assess the Slope Fan across the Company's acreage. The Slope Fan at Talitha #A encountered oil which has positive ramifications for the Company's broader acreage position, however based upon preliminary analysis the company does not plan to test this zone at this location. Talitha #A encountered multiple oil-bearing reservoir sand successions throughout a 1,550 ft section from 8,100 ft to 9,650 ft. It was known that the Talitha #A well was not positioned optimally for the Basin Floor Fan which, as mapped on seismic data, continues up dip for several miles north west and has been the basis of Pantheon's leasing activity over the last two State annual lease sales. The encountered oil column thickness was larger, with higher net to gross sand, than expected. This is potentially very significant for the Basin Floor Fan, not only at Talitha, but also at the Company's Theta West project.Reported Earnings • Jan 28Full year 2020 earnings released: US$0.034 loss per share (vs US$0.10 profit in FY 2019)Full year 2020 results: Net loss: US$17.0m (down 148% from profit in FY 2019).お知らせ • Jan 14+ 1 more updatePantheon Resources plc Provides Update Regarding Spudding of the Talitha #A Well, North Slope of Alaska, 89.2% Working InterestPantheon Resources Plc provides update regarding Spudding of the Talitha #A well, North Slope of Alaska, 89.2% working interest. The Talitha #A appraisal well spudded ahead of schedule on 13 January, 2021, with drilling planned to a total vertical depth of approximately 10,000 feet. The well will target the shallowest Shelf Margin Deltaic horizon as the primary objective and will also drill through a number of secondary objectives including: (i) the 'Slope Fan System', (ii) the 'Basin Floor Fan', and (iii) the 'Kuparuk' horizons. Drilling and testing operations at Talitha #A must be completed prior to the onset of Spring when temperatures warm up and the ice road begins to thaw. Historically, the drilling season has ended near the end of March. Given the number of targeted formations, and subject to positive results, Pantheon intends to make full use of the available drilling window, undertaking drilling and testing operations as long as weather permits. As of 1730 Alaskan time on 13 January the well was drilling ahead at a depth of 225 feet. Talitha #A is located approximately eight miles west of the Dalton Highway and Trans Alaska Pipeline System ("TAPS") and four miles from the Pipeline State #1 well, drilled in 1988 by ARCO, and which confirmed the presence of movable hydrocarbons in the objective horizons. The close proximity to pipeline and transportation infrastructure offers Pantheon a number of material advantages over other Alaska North Slope projects, including lower capex costs and shorter project development timelines.Is New 90 Day High Low • Jan 11New 90-day high: €0.47The company is up 5.0% from its price of €0.44 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 34% over the same period.お知らせ • Nov 27Pantheon Resources plc Announces Execution of Rig Contract with Nordic Calista Services to Drill the Talitha #A Well on the Company's Talitha Unit, with Operations Expected to Commence in January 2021Pantheon Resources plc announced the execution of a rig contract with Nordic Calista Services (a wholly owned subsidiary of Calista Corporation), to drill the Talitha #A well on the company's Talitha Unit, with operations expected to commence in January 2021. The Talitha #A well will target four independent reservoirs in three separate trapping sequences which the Company estimates has the potential to contain in the region of a billion barrels of recoverable oil, although ongoing work is required to formally delineate the ultimate potential of the lower targets. The Talitha Unit lies adjacent to the Dalton Highway and Trans Alaska Pipeline with the major infrastructure servicing the North Slope of Alaska, offering significant financial and operational advantages in the event of a commercial discovery. The contract secures the use of Rig #3 for the upcoming Talitha #A well, which is the same rig which successfully drilled the Winx #1 and Charlie #1 wells for another operator on the Alaska North Slope in the last two winter seasons. Nordic Calista is a specialist in working in the harsh environmental environment unique to Arctic oilfields. Founded in 1972, Calista Corporation (Calista) is one of the largest of the 13 regional corporations formed under the Alaska Native Claims Settlement Act (ANCSA) of 1971.お知らせ • Nov 06Pantheon Submits First Plan of Exploration Outlining Its Proposed Activities in Relation to the UnitPantheon Resources plc announced one of its 100% owned group company's application to form the Alkaid Unit (which encompasses 22,804 acres) has been formally approved by State of Alaska, Department of Natural Resources ("DNR"). As part of the now granted unit application, Pantheon submitted a First Plan of Exploration ("POE") outlining its proposed activities in relation to the unit. These include a commitment to the reprocessing of approximately 50 Square miles of 3D seismic as well as engagement of 3rd party specialists to produce an engineering study on a conceptual 'hot-tap' into the Trans Alaska Pipeline System ("TAPS"). There are no firm drilling commitments, however the POE proposes the drilling of two wells from gravel pads located adjacent to the Dalton Highway to allow year round activity. Under the POE, drilling and long-term production testing on the first of these wells, the Alkaid #2 well, is targeted for Spring/Summer 2021. Dependent upon the results of Alkaid#2, the POE anticipates the drilling and testing of the Alkaid#3 well to commence in 2022.Is New 90 Day High Low • Oct 12New 90-day high: €0.51The company is up 197% from its price of €0.17 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 43% over the same period.Is New 90 Day High Low • Sep 26New 90-day high: €0.40The company is up 173% from its price of €0.15 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.株主還元P3KDE Oil and GasDE 市場7D10.6%-1.7%3.2%1Y-36.2%61.3%2.5%株主還元を見る業界別リターン: P3K過去 1 年間で61.3 % の収益を上げたGerman Oil and Gas業界を下回りました。リターン対市場: P3Kは、過去 1 年間で2.5 % のリターンを上げたGerman市場を下回りました。価格変動Is P3K's price volatile compared to industry and market?P3K volatilityP3K Average Weekly Movement24.3%Oil and Gas Industry Average Movement8.8%Market Average Movement6.1%10% most volatile stocks in DE Market13.6%10% least volatile stocks in DE Market2.7%安定した株価: P3Kの株価は、 German市場と比較して過去 3 か月間で変動しています。時間の経過による変動: P3Kの 週次ボラティリティ は、過去 1 年間で17%から24%に増加しました。会社概要設立従業員CEO（最高経営責任者ウェブサイト200518Max Easleywww.pantheonresources.comパンテオン・リソーシズ社（Pantheon Resources Plc）は、子会社を通じて米国で石油・ガスの探鉱・生産に従事している。主な資産は、アラスカ州にあるアフプン・プロジェクトと、アラスカ州にある約17万エーカーのコディアック・プロジェクトである。パンテオン・リソーシズ社は2005年に設立され、英国ロンドンに本社を置いている。もっと見るPantheon Resources Plc 基礎のまとめPantheon Resources の収益と売上を時価総額と比較するとどうか。P3K 基礎統計学時価総額€280.25m収益（TTM）-€5.49m売上高(TTM)n/a0.0xP/Sレシオ-51.0xPER（株価収益率P3K は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計P3K 損益計算書（TTM）収益US$0売上原価US$0売上総利益US$0その他の費用US$6.38m収益-US$6.38m直近の収益報告Dec 31, 2025次回決算日該当なし一株当たり利益（EPS）-0.0044グロス・マージン0.00%純利益率0.00%有利子負債／自己資本比率4.8%P3K の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 21:15終値2026/05/22 00:00収益2025/12/31年間収益2025/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Pantheon Resources Plc 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。5 アナリスト機関Charlie SharpCanaccord GenuityPhilip HallamCanaccord GenuityMatthew CooperPeel Hunt LLP2 その他のアナリストを表示
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Marty Munson was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 12Pantheon Resources plc Announces Stand Down of Executive DirectorsPantheon Resources plc announced the decision of David Hobbs to stand down as both Chairman and as a Director of the Company at the close of the AGM. Furthermore, Jeremy Brest will also stand down as Non-Executive Director at the close of the AGM, and Resolution 2 in the Notice of AGM will no longer be put to shareholders.
お知らせ • Mar 06Pantheon Resources plc Announces Resignation of Linda Havard from the Board, Effective 5 March 2026Pantheon Resources plc announced that Linda Havard has chosen to step down from the Board, effective March 5, 2026, in order to pursue other professional and personal opportunities, and will not seek re-election at the upcoming AGM. The Board thanks Linda for her significant contributions, particularly her leadership of the Finance, Audit and Risk Committee, and in her role as Senior Non-Executive Director.
お知らせ • Feb 16+ 1 more updatePantheon Resources plc Announces Board ChangesPantheon Resources Plc announced that following the AGM on March 12, 2026, David Hobbs will transition from Executive Chair to Non-Executive Chair, in line with previous guidance. Th company also announced that Allegra Hosford Scheirer has stepped down from the Board, effective 13 February 2026, and will not seek re-election.
お知らせ • Feb 05Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026.
お知らせ • Jan 15Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,209,678 Price\Range: £0.07 Transaction Features: Subsequent Direct Listing
Board Change • May 20Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Marty Munson was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 12Pantheon Resources plc Announces Stand Down of Executive DirectorsPantheon Resources plc announced the decision of David Hobbs to stand down as both Chairman and as a Director of the Company at the close of the AGM. Furthermore, Jeremy Brest will also stand down as Non-Executive Director at the close of the AGM, and Resolution 2 in the Notice of AGM will no longer be put to shareholders.
お知らせ • Mar 06Pantheon Resources plc Announces Resignation of Linda Havard from the Board, Effective 5 March 2026Pantheon Resources plc announced that Linda Havard has chosen to step down from the Board, effective March 5, 2026, in order to pursue other professional and personal opportunities, and will not seek re-election at the upcoming AGM. The Board thanks Linda for her significant contributions, particularly her leadership of the Finance, Audit and Risk Committee, and in her role as Senior Non-Executive Director.
お知らせ • Feb 16+ 1 more updatePantheon Resources plc Announces Board ChangesPantheon Resources Plc announced that following the AGM on March 12, 2026, David Hobbs will transition from Executive Chair to Non-Executive Chair, in line with previous guidance. Th company also announced that Allegra Hosford Scheirer has stepped down from the Board, effective 13 February 2026, and will not seek re-election.
お知らせ • Feb 05Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026Pantheon Resources Plc, Annual General Meeting, Mar 12, 2026.
お知らせ • Jan 15Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £7.434677 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 106,209,678 Price\Range: £0.07 Transaction Features: Subsequent Direct Listing
Board Change • Dec 30Less than half of directors are independentThere are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (5 non-independent directors). Non-Executive Director Jeremy Leonard Brest is the most experienced director on the board, commencing their role in 2019. Independent Non-Executive Director Linda Havard was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Dec 16Pantheon Resources plc Announces Retirement of Jay Cheatham as Non-Executive Director, Effective December 12, 2025Pantheon Resources Plc announced that Jay Cheatham, Non-Executive Director formally retired at a meeting of the board of directors on 12 December, 2025. Jay joined the Board in 2008 and served as Chief Executive Officer until early in 2025, and since stepping down as CEO he continued to serve as a Non-Executive Director. His leadership, commitment, and experience have played a central role in shaping the Group over more than 17 years.
お知らせ • Nov 12Pantheon Resources plc Announces Operational Update on Dubhe-1Pantheon Resources Plc provided operational update on Dubhe-1. Well clean-up operations are ongoing at Dubhe-1. It remains early in the flowback process with, as expected, initial production overwhelmingly dominated by previously injected stimulation fluids. Thus far, only 20% of the injected water has been recovered with steady gas production and intermittent production of light oil. It is anticipated that the well will continue to clean up in the coming weeks before a representative rate can be determined from the reservoir.
お知らせ • Sep 12Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £22.140222 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £22.140222 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 79,726,389 Price\Range: £0.25 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 8,834,498 Price\Range: £0.25 Transaction Features: Subsequent Direct Listing
お知らせ • Aug 18Pantheon Resources plc Announces Results from the Dubhe-1 Appraisal WellPantheon Resources plc announced results from the Dubhe-1 appraisal well. The primary target of Dubhe-1 was the topset horizon (SMD-B), appraising the already discovered resource. Additionally, the well was designed to encounter three further exploration horizons (Prince Creek, SMD-C and the Slope Fan System), none of which have previously had any resource estimate attributed to them. Logs confirm additional prospective resource upside in these horizons. The Dubhe-1 pilot hole was successfully drilled, logged and cored to a total measured depth ("MD") of 12,833 ft, equivalent to 8,699 ft true vertical depth ("TVD"). Analysis of the thickness and quality of the primary target topset confirms that the SMD-B has exceeded the upside pre-drill expectations. The gross thickness of the hydrocarbon column in this interval was measured at 565 ft true vertical thickness ("TVT"); exceeding pre-drill expectations by 26%; Dubhe-1 also encountered additional hydrocarbon bearing horizons in two of the exploration targets; the SMD-C and two Slope Fans. The Company intends to drill, and subsequently flow test the planned sidetrack lateral in the SMD-B horizon to refine the production well type curve; Dubhe-1 Well: Phase 1 Outcome The first phase of the Dubhe-1 well programme consisted of a deviated pilot hole to gather cores and logs to select the optimum landing zone for a subsequent lateral sidetrack in the primary SMD-B zone. The well successfully reached the planned TVD and achieved all planned target reservoir penetrations - both primary and exploration objectives. Dubhe-1 has confirmed a gross 565 ft TVT hydrocarbon bearing column in the SMD-B primary target horizon. This exceeds the pre-drill estimate (450 ft TVT based on Pipeline State#1 offset) by 26% and the upper end of pre-drill estimates (up to 500 ft TVT) by 13%. Reservoir properties are consistent with the nearby Pipeline State #1 discovery well. The hydrocarbon mix between oil, NGLs and gas will be determined after flow testing Additional hydrocarbon bearing zones were encountered in the SMD-C and 2 Slope Fans. These horizons were not included in the Ahpun estimated contingent resources of 282 million barrels and 804 billion cubic feet, prepared by Cawley Gillespie & Associates and therefore these resources represent material upside potential as co-development opportunities alongside the established Ahpun SMD-B primary reservoir. Details of Appraisal Analysis: Preliminary analysis indicates that Dubhe-1 has intersected multiple hydrocarbon bearing horizons over approximately 2,143 ft MD (1,085 ft TVT). In addition to the primary SMD-B objective of the well, multiple reservoirs were penetrated in this overall section consisting of interbedded sands and shales. Integrated analysis indicates the following hydrocarbon bearing zones within the Campanian interval: Formation Gross Pay Interval (MD ft) Gross Pay Interval (TVD ft) Thickness (TVT ft) SMD-C 10,597- 10,715 7,565 - 7,625 60 SMD-B (primary target objective) 11,051 - 12,051 - 12,162 7,795 - 8,360 565 Slope Fan 1 12,460 - 12,530 - 8,510 - 8,546 36 Slope Fan 2 12,630 - 12,630 - 8,597 - 8650 53 In addition to these results, hydrocarbons were also identified in the Maastrichtian interval (Prince Creek and Upper Schrader Bluff Topsets 1 and 3) with a gross thickness of 1,158 ft TVT, in line with those same horizons encountered in Megrez-1. Preliminary analysis indicates similar reservoir properties and the results will be combined with the data from Megrez-1 for further technical evaluation and potential associated long term development planning if warranted. The Company is presently finalising the optimum location to position the optimum location to position the lateral section of the well within this thick 565ft TVT section of SMD-B horizon. Drilling of this lateral is expected to commence over the coming days. In addition to the coming days. Drilling of this lateral was expected to commence over the coming day. In addition to the coming weeks. In addition to commence over the coming days". In addition to commence over the company is expected to the coming days. In addition of this lateral is expected to the coming days; In addition to commence over the comes to commence over the coming days; Drilling of the coming days.
お知らせ • Jul 10Pantheon Resources plc Announces Operating UpdatePantheon Resources plc announced that the Nabors 105AC rig is contracted and is currently mobilising to the Dubhe-1 pad. The Dubhe-1 well is an appraisal well targeting the Ahpun Topset (pre previously referred to as the Shelf Margin Deltaic-B ("SMD-B") horizon as the primary target. In June 2024, the Independent Experts Report ("IER") by Cawley Gillespie & Associates ("CG&A") estimated 2C Contingent Resources for the Ahpun Topsets of 282 million barrels of Marketable Liquids (ANS Crude) and 804 billion cubic feet ("BCF") of natural gas. Dubhe-1: Objectives: Progress the Ahpun Topset development (CG&A estimate (10 June 2024) of 282 mmbbls 2C liquid resources and NPV10 $1.7 billion (at $80 oil)) (1); Assess the main topset reservoir horizon (SMD-B) in order to plan optimum production laterals; Penetrate additional potential pay zones (Lower Prince Creek, SMD-C and a Slope Fan) The Company is planning for a potential lateral completion and long term flow test, which, if undertaken, would be intended to prove deliverability of oil and pipeline-quality associated gas. The planned oil production is the main value driver of any development while the associated gas and its value in the Alaska LNG Phase 1 Project supports the financing strategy. The Directors believe that the Dubhe-1 well will generate important news flow over coming months as well as potentially supporting Independent Expert Report resource and valuation upgrades based on the following: The pre-drill prognosis indicates that the target zone at Dubhe-1 has the potential to be thicker than Pipeline State#1 and Talitha-A; Any confirmation of increased thickness would add to the potential drilling inventory (e.g. via " wine-racking"); and Expected penetration of three additional exploration targets (Lower Prince Creek, SM D-C and a Slope fan) not included in the independent resource estimates.
お知らせ • Jul 08Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £16.25 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £16.25 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 76,832,151 Price\Range: £0.2115 Transaction Features: Subsequent Direct Listing
お知らせ • Jun 10Pantheon Resources plc Appoints Marty Rutherford as A Non-Executive Director, Effective 13 June 2025Pantheon Resources plc announced that Marty Rutherford has been appointed to the company's board as a non-executive director. She will be formally appointed following the Board Meeting on 13 June 2025. Marty Rutherford is a fifth generation Alaskan. Marty returned to Alaska after graduating college in the late 1970s, and held a variety of jobs in Valdez, Fairbanks, and Anchorage. In 1982, she began working at the Alaska Department of Community and Regional Affairs (DCRA), eventually being appointed the Deputy Commissioner. In 1992, Marty moved to the Alaska Department of Natural Resources (DNR), where she was appointed Deputy Commissioner in 1993 and remained there through 2005. In that role Marty oversaw the State's management of its natural resources including oil and gas, mining, water, parks, etc. Marty resigned her position in 2005, but was re-instated as Deputy Commissioner of DNR in 2006 under Governor Palin, leading the gasline effort as well as the oil and gas policy teams. In 2011, Marty left state service and went to work for Linc Energy, an Australian company exploring for oil on the North Slope and natural gas in Cook Inlet. However, in 2014, Marty was once again appointed Deputy Commissioner of DNR and also served as acting Commissioner for an extended time, a position she had held numerous times over her years at DNR. In 2016, Marty retired from DNR and served a term as a Trustee of the Alaska Permanent Fund. The appointment of Ms. Rutherford is another key step in the development of the Board to best manage the challenges ahead on the path to oil and gas production and financial self-sufficiency. At the same time, as previously announced, Bob Rosenthal will be retiring from Pantheon and stepping down from the board of directors.
お知らせ • Jun 09+ 1 more updatePantheon Resources Plc Announces Executive ChangesPantheon Resources plc has appointed Erich Krumanocker as Chief Development Officer, succeeding Bob Rosenthal, to spearhead the Company's subsurface technical leadership. Bob has indicated his desire to step down from the Board of Directors and retire from the Company at the conclusion of the Company's upcoming board meeting on June 13, 2025. In his role as CDO, Erich will manage the transition of projects from exploration and appraisal through to development and production. Erich brings with him over 25 years of global experience in driving development, operations and project execution at scale across multiple continents. Erich's career originated as a Petroleum Engineer with BP plc on the North Slope of Alaska, with vast experience in the North Sea, Azerbaijan and the U.S., with his BP career culminating as a VP of Production and Operations. Erich joins Pantheon most recently from Microsoft, where he served as a Partner leading digital transformation across the manufacturing and energy sectors.
お知らせ • Apr 14Pantheon Resources plc Announces Preliminary Results from the Flow Testing of the First of Six Intervals At Megrez 1Pantheon Resources plc announced preliminary results from the flow testing of the first of six intervals in the planned Megrez-1 well testing programme. The well was fracture stimulated in the Topset 1 ("TS1") reservoir interval over some 290 feet ("ft") from 7165 ft to 7453 ft MD. The well was produced for 12 days delivering sustained strong liquid rates, exceeding 1,000 barrels per day at the end of the flow back period, no appreciable hydrocarbons were produced from the well. Preliminary analysis indicates that although the reservoir is oil bearing, it appears to be in a transition zone with limited to no mobile oil and gas. The technical data gathered increases confidence in the productivity and hydrocarbon potential of the intervals higher in the wellbore and indicates mobile oil will be found in the shallower stratigraphic sequences. TS1 will be abandoned and well operations to test the next interval (Lower Prince Creek) will commence as soon as high-pressure pumping equipment is mobilised to the Megrez pad. The TS1 interval was fracture stimulated in two stages to maximise the productivity potential of the well. These stimulations were successfully executed, and the well was brought on production on 3 April 2025. The well initially produced strongly against a 30/64 inch choke and the well was gradually increased to a final rate of over 1,000 barrels per day. During the 12 day testing programme, the well sustained high fluid rates with no indications of decline. However, no appreciable oil or gas was recorded at surface. Preliminary analysis, incorporating the salinity of the produced water, indicates that the logged and cored hydrocarbon saturations in this interval are consistent with a transition zone where residual oil saturations were insufficient to sustain flow to surface. However, the data gathered increases the robustness of the log analyses that indicate higher saturations and mobile oil will be found in The shallower stratigraphic sequences; The plan remains to progress systematically up the well to the shallowest interpreted pay zone, the Lower Sagavanirktok zone 3. The objective remains to prioritise data quality rather than seeking to maximise initial flow rates to increase the understanding of the reservoirs and thus optimise future appraisal and development. Operations on the next interval, the Lower Prince Creek formation, will commence shortly with results reported once flow testing is complete.
お知らせ • Mar 26Pantheon Resources Plc announced that it has received $35 million in funding from Sun Hung Kai & Co. LimitedOn March 24, 2025, the company closed the transaction.
お知らせ • Mar 03Pantheon Resources Plc Announces Multi-Zone Flow Tests Planned for Megrez-1Pantheon Resources plc announced further details of its planned flow testing programme for the Megrez-1 well. Key Points: Data from logs, cores, cuttings and seismic indicate seven discrete interpreted pay zones, with flow testing of the shallowest six to commence before the end of March 2025; Analyses of analogous offsets indicate potential flow rates ranging from 200 barrels per day (bpd) to 2,000 bpd for any specific zone, depending on the encountered reservoir quality and fluid properties; Pantheon expects flow rates from the deepest horizon to be tested (Topset 1) at the lower-end of the range and flow rates in the shallower horizons at the top of the range; Reliable estimates of in-place and recoverable contingent resources require successful flow tests to confirm fluid compositions and reservoir properties, including API oil gravity, gas-oil ratio and in situ saturations among others. Previous guidance still stands for the Upper Schrader Bluff and Prince Creek potential; Flow data will be released at the conclusion of testing for each horizon.
お知らせ • Feb 23Pantheon Resources plc Announces Board ChangesPantheon Resources plc announced the appointment of accomplished energy executive, Max Easley, as Chief Executive Officer, succeeding Jay Cheatham. Mr. Easley will be appointed as a member of the Pantheon Board of Directors effective 28 February 2025, while Jay will continue to serve the Company as a Non-Executive Director for a period of handover to Max. A native-born Alaskan, Max Easley brings over thirty years of experience as a highly respected energy executive, drawing on extensive domestic and international experience in the upstream industry. Over the course of his career, Max has held executive rolls at BP, Apache Corporation and PETRONAS Canada. Max graduated from the University of Alaska in 1991 with a degree in Petroleum Engineering. Following his early days learning his trade as a petroleum engineer at Prudhoe Bay, he worked overseas for over a decade, primarily in the UK and Trinidad, in a variety of technical, financial and leadership roles before returning to Alaska as Senior Vice President of Resource Development for BP Alaska. Over the past decade, he has been a driving force in the capital efficient appraisal, development and production of unconventional resources both in the Permian Basin in Texas and the Montney in British Columbia. The appointment of Mr. Easley is another key step in the development of the Board and governance in preparation for a possible US listing. The Company expects to evolve the Board further as it executes on this strategy.
お知らせ • Feb 22Pantheon Resources plc Announces Chief Executive Officer ChangesPantheon Resources Plc announced that it has appointed Max Easley as Chief Executive Officer to succeed Jay Cheatham. Easley brings over 30 years of experience as an energy executive, drawing on extensive domestic and international experience in the upstream industry. A native-born Alaskan, Max Easley brings over thirty years of experience as a highly respected energy executive, drawing on extensive domestic and international experience in the upstream industry. Over the course of his career, Max has held executive rolls at BP, Apache Corporation and PETRONAS Canada. Max graduated from the University of Alaska in 1991 with a degree in Petroleum Engineering. Following his early days learning his trade as a petroleum engineer at Prudhoe Bay, he worked overseas for over a decade, primarily in the UK and Trinidad, in a variety of technical, financial and leadership roles before returning to Alaska as Senior Vice President of Resource Development for BP Alaska. Over the past decade, he has been a driving force in the capital efficient appraisal, development and production of unconventional resources both in the Permian Basin in Texas and the Montney in British Columbia. The appointment of Mr. Easley is another key step in the development of the Board and governance in preparation for a possible US listing. The Company expects to evolve the Board further as it executes on this strategy.
お知らせ • Feb 11Pantheon Resources Plc, Annual General Meeting, Mar 12, 2025Pantheon Resources Plc, Annual General Meeting, Mar 12, 2025. Location: the offices of simmons and simmons, citypoint, 1 ropemaker st, city of london, ec2y 9ss, london United Kingdom
お知らせ • Nov 20Pantheon Resources Plc announced that it has received $2.6215 million in fundingPantheon Resources plc announced a private placement to issue 9,108,756 new ordinary shares at an issue price of $0.2878 (£0.2266) per share for the gross proceeds of $2,621,499.9768(£2,064,044.1096) on November 19, 2024.
お知らせ • Nov 11Pantheon Resources plc Announces Spudding of Megrez-1 WellPantheon Resources plc announced the spudding of the Megrez-1 well to explore the eastern topsets in the Ahpun field, immediately adjacent to pipeline and road infrastructure. The reservoir sections to be targeted are both younger and shallower than in any of Pantheon's previous Alaskan wells, with superior reservoir characteristics predicted. The Megrez-1 well will target three topset horizons, which the Company estimates to contain an aggregate 2U Prospective Resource of 609 million barrels of ANS Crude (oil, condensate & NGLs) and 3.3 trillion cubic feet ("Tcf") of natural gas. Initial results from the well will be announced when drilling operations are complete. Pantheon contracted the Nabors 105AC rig, which the Company is familiar with having used it in previous drilling campaigns, to drill the Megrez-1 well. Construction of the gravel pad next to the Dalton Highway was completed in October, and the pad can be used year-round to support future drilling and development activities.
New Risk • Oct 04New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Revenue is less than US$1m (US$362k revenue). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding).
お知らせ • Sep 16+ 1 more updatePantheon Resources plc Announces Chief Financial Officer ChangesOn September 16, 2024, Pantheon Resources Plc announced that in line with its plans to consolidate core management in the Company's Houston headquarters, Pantheon is appointing Philip Patman, Jr. to the role of Chief Financial Officer. Philip has previously served as Chief Financial Officer of VAALCO Energy Inc., Soluna Holdings Inc., and MacroFab Inc. and is a member of the State Bar of Texas and CFA Institute. He brings nearly three decades of experience in business development, corporate finance and financial management. Prior to his appointment as CFO, Philip has been leading the Company's preparations for a potential US listing, having taken over the role when Tony Larkin left the Company. This has included strengthening and documenting corporate and financial controls, securing investment banking advisors on a success-based fee structure and ensuring that the lead time for listing on a major US exchange is short enough to capture market opportunities when they arise. As is common with US based businesses, it is not anticipated that the CFO role will be a Board position. Philip Franklin Patman, Jr. (aged 56) has held the following directorships and/or partnerships in the past five years. Current Directorships/Partnerships: Philip F. Patman, Jr. Exempt Trust and B. Mori Enterprises, LLC. Accordingly, the CFO role will move to Houston and, as a result, Justin Hondris has informed the Company of his intention to step down from his role as Director, Finance at the Company's Board meeting in September. He will transition to a role that will be UK-based, as Senior Vice President for Finance and International Investment. Justin was a founding member of the Board from Pantheon's creation nearly 20 years ago and has served as a Director throughout that time. He has been ever present in the implementation of the Company's strategy. Justin has successfully managed all fundraising activities, including aggregate equity and bond placings amounting to some $300 million over that time.
お知らせ • Jun 15Pantheon Resources Plc announced that it expects to receive $3.359749 million in fundingPantheon Resources Plc announced a private placement of 9,230,080 new ordinary shares at a price of $0.364 per share for the gross proceeds of $3,359,749.12 to 2 existing investors on June 14, 2024.?
お知らせ • Jun 13Pantheon Resources plc Announces the Resource Estimates from the Kodiak field, Ahpun western topsets and Alkaid horizonPantheon Resources plc announced the results of the recent Independent Expert Report ("IER") by Cawley Gillespie & Associates Inc. ("CGA"). This completes the independent estimates for the Company's aggregate resources from the Kodiak field, Ahpun western topsets and Alkaid horizon resulting in totals exceeding 1.5 billion barrels ("Bbbl") of ANS Crude and 6.5 trillion cubic feet ("Tcf") of associated gas. As was the case with Lee Keeling & Associates ("LKA") which recently updated its IER on the Alkaid horizon of the Ahpun field, CGA has evaluated the economics of the best estimate or 2C case. Based on an ANS Crude price of $80 per barrel delivered to the US West Coast, CGA estimates the net present value of the total contingent resources in the western topsets in the Ahpun field (using a real discount rate of 10%) at $1.74 billion. This report extends the independent assessments of all the Company's contingent resources discovered, appraised and for which development approvals are being prepared. As previously announced, the Company is targeting Final Investment Decision ("FID") at the earliest possible date subject to regulatory consents, but in any case, to allow first production no later than 2028. Pantheon commissioned CGA to prepare the independent report on the Ahpun field as it progresses funding options for its projects. This IER incorporates data obtained from the successful completion and test of the shallower topset horizon in the vertical section of the Alkaid-2 well in Fourth Quarter 2023. For that test, Pantheon utilised a revised frac design with success, including using finer mesh sand and at a lower concentration in a slick water stimulation. This resulted in a materially improved frac efficiency compared to the completion in the horizontal section of Alkaid-2 and will be the starting point for all future frac designs. Pantheon was also able to obtain down hole pressure data and fluid samples consisting of oil, gas and condensates/NGLs. This allowed analysis of reservoir pressure and permeability leading to a better understanding of the western topsets reservoir parameters and potential development economics. These estimates can only be upgraded from the contingent resource to the reserves classification following FID. This initial IER is based on Pantheon's base case development plan for Ahpun, but does not yet incorporate the benefits of planned infill drilling (or "wine-racking") in the southern portion of the topsets, where they are thickest. Analysis of the interference between "parent" and "child" wells in such a scenario is more complex and time consuming and will only be required later in the process of achieving FID. Preliminary management estimates indicate that "wine-racking" the wells in this area would add an additional c. 80 million barrels ("mmbbl") of high value recoverable resources. When combined with CGA's estimate, this would bring the total expected ultimate recovery from the Ahpun western topsets to c. 360 mmbbl as compared with the previously released management estimates (based on in-place quantities and a generalised recovery factor assumption) of 404 mmbbl.
お知らせ • Mar 30Pantheon Resources plc Provides Update on Ahpun Development PlanningPantheon Resources plc shared the update on its development planning. Ahpun Development Planning: Initial dynamic modelling for 10,000 ft lateral well in the Ahpun topset horizons ("Topsets") supports Pantheon's previously released analysis of > 2 million barrels ("mmbbl") per well Estimated Ultimate Recovery ("EUR") and first year average production rate of 2,000 bpd of marketable liquids. SLB is concluding the development plan for the deeper Ahpun Alkaid Zone and will now turn to the shallower Ahpun Topsets development plan. Pantheon's technical team has identified well pad and bottom hole locations sufficient to recover Company estimates of 481 mmbbls from the Ahpun Topsets and Alkaid Zone (best estimate contingent recoverable resources). In order to mitigate delays to financing discussions that would have resulted from Netherland, Sewell & Associates Inc.'s ("NSAI") Ahpun report only becoming available around the end of Second Quarter 2024, Pantheon commissioned Independent Expert Reports ("IER") for (the shallower) Ahpun Topsets and (the deeper) Alkaid Zone from Cawley Gillespie & Associates ("CGA") and Lee Keeling & Associates (LKA) respectively. The full reports, expected shortly, are integral to financing discussions, and will be announced to the market and posted to Pantheon's website when completed. o Given NSAI could not commence Ahpun work until after the completion of its work on Kodiak, CGA was appointed as it could commence earlier, thereby reducing the timeline to delivery of an IER on the Ahpun Topsets by some three months. CGA has conducted reserves auditing work on existing North Slope fields and has been able to work in parallel with NSAI's evaluation of Kodiak. o LKA has previously evaluated the Alkaid Zone in the Ahpun Field and, given their existing knowledge, was able to update this work with subsequent data from Alkaid-2 in a shorter timeframe. o NSAI will now prepare its IER on the entirety of the Ahpun Field, including any additional resources confirmed by successful appraisal of the eastern extension, prior to Final Investment Decision ("FID"). Pantheon is completing management estimates of prospective resources in the eastern extension to Ahpun Topsets covered by the new leases successfully bid for in December 2023, and accessible from western side of Sag River. Results will be released as soon as available. Kodiak and Eastern Extension of Ahpun: Appraisal Planning Expect to receive the initial NSAI Kodiak recoverable resource update to incorporate the new acreage at or near end of First Quarter 2024 /early Second Quarter 2024. Full NSAI report will be announced to the market and posted to Pantheon's website when received. Pantheon is undertaking preparations to support winter campaigns for up to three appraisal wells in western portion of Kodiak field, subject to funding. The Company is currently preparing drilling plans for a Megrez-1 well into eastern Ahpun Topsets from alongside Dalton Highway using either an ice pad for winter drilling or rig mats for summer drilling, again subject to funding.
Reported Earnings • Mar 20First half 2024 earnings released: US$0.007 loss per share (vs US$0.002 loss in 1H 2023)First half 2024 results: US$0.007 loss per share (further deteriorated from US$0.002 loss in 1H 2023). Net loss: US$5.68m (loss widened 261% from 1H 2023). Revenue is forecast to decline by 122% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Germany are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings.
お知らせ • Jan 31Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £4.153017 million.Pantheon Resources Plc has completed a Follow-on Equity Offering in the amount of £4.153017 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 16,286,343 Price\Range: £0.255 Transaction Features: Subsequent Direct Listing
お知らせ • Dec 19Pantheon Resources Plc, Annual General Meeting, Jan 24, 2024Pantheon Resources Plc, Annual General Meeting, Jan 24, 2024, at 15:00 Coordinated Universal Time.
お知らせ • Dec 12Pantheon Resources plc Appoints Linda Havard as Non-Executive Director, Effective 1 January, 2024Pantheon Resources plc announced the appointment of Linda Havard as Non-Executive Director with effect from 1st January, 2024. Linda Havard joins the Board as a Non-Executive Director. Linda has more than 35 years of experience as a financial and operating executive in public oil and gas and entertainment companies as well as professional services firms. She most recently served as Chief Financial Officer of Gensler, the world's largest architecture and design firm, where she was responsible for all aspects of finance, including strategic finance, treasury, accounting, tax, internal audit, financial planning and analysis, capital budgeting, business systems and procurement for the firm's global operations. rior to joining Gensler, Linda served for six years as Chief Financial Officer at the global law firm of Orrick, Herrington & Sutcliffe, 13 years as Executive Vice President and Chief Financial Officer of Playboy Enterprises and 15 years at Atlantic Richfield Company (ARCO) (now BP Amoco), where she headed Corporate Planning and Investor Relations, among other senior positions. During her tenure at ARCO, Linda was a member of the Lyondell Petrochemical Company Board, serving on its Finance & Audit Committee. Linda holds an MBA in Finance from the University of California at Los Angeles (UCLA) and a PhD (honoris causa) in Business from the Chicago School of Professional Psychology. She is a member of the [Atlanta] Federal Reserve Board CFO Panel, the International Women's Forum, and the Governing Body of the CFO Executive Summit. Linda will chair Pantheon's Finance, Audit & Risk Committee. Current Trusteeship: Havard Family Trust; Directorship in last 5 years: M. Arthur Gensler & Associates.
お知らせ • Oct 19Pantheon Resources plc Provides Update on Alkaid-2 Re-Entry UpdatePantheon Resources plc provided the following update: Alkaid-2 Re-entry Update: The re-entry of the Alkaid-2 well and flow test of the Shelf Margin Deltaic B ("SMD-B") horizon is now complete at the end of the programme to frac, clean up and flow the well. The Company reported that testing operations have been successful at demonstrating producible oil from the SMD horizon in the Aphun field, which is comprised of both the shallower SMD formation and the previously tested deeper Alkaid ZOI. As previously announced,ing into the SMD data gathering programme, the Company had three clear objectives: (i) To assess the efficacy of the revised frac design; (ii) To gather representative fluid samples for pressure-volume temperature analysis ("PVT"), and; (iii) To better determine the initial reservoir pressure All three objectives have been successfully achieved: (i) Post well analysis indicates that the frac treatment resulted in vertical propagation across the entirety of the 200 ft gross (100 ft net) reservoir column and extended laterally some 300-400 ft. The Company's preliminary estimate of the efficiency of the frac was 50% of theoretical design performance and compares favourably with the calculated frac efficiency of c.20% experienced in the Alkaid-2 operations in the deeper ZOI accumulation last year. This improvement was the result of several key changes to the frac design, which allowed the frac to remain within the reservoir and validates the ability to achieve at least the planned for 2x improvement in frac efficiency in future. (ii) Multiple fluid samples were gathered indicating a measured gas oil ratio ("GOR") of 3,000 - 4,000 standard cubic feet per barrel ("scf/bbl") and an API gravity of 35-36. The plan targets FID (final investment decision) by the end of 2025 with first production to follow in early 2026. Estimated costs to first production are conservatively estimated at $120 million, based on: $20 million for the hot tap; $20 million for facilities upgrade (including preparing Alkaid-2 for injection service); $6 0 million for the first three production wells; $20 million for three years of corporate G&A This cost to reach first production contrasts with other developments in the region, requiring at least an order of magnitude greater expenditure. Additional development costs after first production are expected to be funded through debt or equivalent sources. The Company will provide further updates on its financing activities, designed to minimize equity or other value dilution for existing investors, as arrangements progress.
New Risk • Oct 18New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 30% per year over the past 5 years. Revenue is less than US$1m (US$455k revenue). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Shareholders have been diluted in the past year (19% increase in shares outstanding).
お知らせ • Sep 27Pantheon Resources plc Announces Commencement of Operations for the Re-Entry at Alkaid-2Pantheon Resources plc announced that operations for the re-entry at Alkaid-2 have now commenced. The Alkaid-2 re-entry has three primary objectives: to gather the best possible reservoir fluid samples for pressure-volume temperature ("PVT") analysis; to determine initial reservoir pressure; and test the improvements in the frac design discussed in recent Company webinars. The objective of the operations at Alkaid-2 is not to target maximum flow rates. Pantheon will deliberately restrict the flow rates to minimise gas production into the well bore and allow optimum data collection. The Alkaid-2 well was positioned to target the Zone of Interest (ZOI) in the optimum location and is on the edge of the mapped SMD reservoir. Notwithstanding the thinner SMD interval at this location when compared to the core of the Ahpun Field, the well encountered encouraging hydrocarbon indications en route to the deeper ZOI. The programme of operations to achieve the three primary objectives includes: Make well safe in preparation for operations. Run a plug to isolate the Alkaid ZOI below the SMD horizon. Perforate a limited section to ensure injection pressures are high enough to propagate the frac lobes horizontally as desired. Pump 11,000 bbls of water and 400,000 lbs of 100 mesh sand. Flow back slowly to prevent or limit gas flashing in the reservoir (i.e. exsolving from solution in an uncontrolled manner) in order to gather the most representative fluid samples possible. Monitor pressures throughout to assess frac efficiency and original reservoir pressure. The Alkaid-2 well was drilled in 2022 and was positioned to prioritise testing of the primary target (or 'zone of interest', "ZOI"), being the oil zone successfully flow tested in the Alkaid-1 well in 2019. Testing of the ZOI was compromised in Alkaid-2 as a result of wellbore blockages, necessitating a number of cleanout and other remedial operations. Ultimately, the ZOI produced an IP30 production rate of c.505 barrels per day ("BPD") of marketable liquid hydrocarbons consisting of oil, condensate and NGLs, as well as natural gas. As previously announced, extensive analysis has been undertaken on the Alkaid-2 ZOI results with the data supporting a commercial development based upon 10,000ft lateral development wells, a doubling of the frac efficiency to 40% and assuming no improvement in reservoir quality. The data indicates that well productivity has the potential to improve materially based upon better frac design. Tony Beilman, Pantheon's recently appointed Senior VP of Engineering, and an expert in fracking in North America, believes that with iterative optimisation, Pantheon has the potential to meet typical performance benchmarks, a 4x improvement upon that achieved in the ZOI. One of the primary objectives of the upcoming Shelf Margain Deltaic test is to assess the efficacy of an updated frac design.
Recent Insider Transactions • Aug 31Executive Chairman recently bought €191k worth of stockOn the 29th of August, David Hobbs bought around 1m shares on-market at roughly €0.19 per share. This transaction amounted to 58% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was David's only on-market trade for the last 12 months.
お知らせ • Aug 30Pantheon Resources plc Receives an Independent Expert Report Which Provides an Estimate of Contingent Resources Recoverable from Its 100% Working Interest Kodiak Project, Formerly Known as Theta WestPantheon Resources plc advise that it has received an Independent Expert Report ("IER") which provides an estimate of contingent resources recoverable from its 100% Working Interest Kodiak project, formerly known as Theta West ("Kodiak"). A full copy of the report will be published on the Company's website. The 2C estimates (best estimates) of oil and natural gas liquids ("NGLs") total 962.5 million barrels of marketable liquids. As previously advised by management, the NGLs on Pantheon's projects are of material value as they can be blended with the oil and the combined stream of oil, condensate and NGLs has been estimated by management to yield approximately 90% of the value of the Alaska North Slope ("ANS") price per barrel. The management believe the Kodiak NSAI IER supports the Company's development plans for the Kodiak project, which will involve development of leases totaling some 126,000 acres (including the recently awarded additional acreage), delineated by the Company's proprietary 3D seismic and confirmed by three wells (Pipeline State 1, Talitha-A and Theta West-1). The field is defined as the hydrocarbon bearing horizons contained within the large basin floor fan between the Hue Shale top seal and the underlying HRZ shale, from their downdip pinchout east of Talitha-A running to over 15 miles northwest into the new "chimney acreage" acquired in the 2022 area wide lease sale. The Company believes that this is one of the largest basin floor fan systems discovered onshore in the past few decades. he absence of wireline electric logs or sidewall cores taken at Theta West-1, due to hole stability issues and the limited time available at the end of the drilling season, has meant that the highest resolution data that captures the thinly interbedded reservoir in the Kodiak field is limited to the Talitha-A well. The Company plans to drill the next Kodiak well significantly updip from the Talitha-A and the Theta West-1 wells, where management believe the lower depth of burial ("Dmax") should lead to improved reservoir characteristics compared to both Talitha-A and Theta West-1. The Company has completed a detailed geological model taking into account data from wells in the immediate area which include the producing Tarn and Meltwater fields. Pantheon plans to drill the next Kodiak appraisal well in the recently acquired leases, some five miles northwest of Theta West-1. Based on the Company's petrophysical analysis noted above, a Theta West-2 well in that location would be expected by management to encounter a reservoir section with 37% of the pay interval exhibiting porosities at or above 12% and permeabilities of greater than 0.1 milliDarcies - the typical cut-off for recognising reservoirs as conventional, which typically yield higher flow rates and hydrocarbon recovery rates. The reservoirs in the structural updip portion on the Theta West structure are expected by management to exhibit the highest quality on Pantheon's acreage, in its largest trapping mechanism. The Company plans to cut full cores and acquire a full suite of wireline logs and representative fluid samples/flow tests in future appraisal wells to address the contingencies in NSAI's evaluation. Demonstrating the character of the reservoir at the most granular possible level creates potential for future increases to recoverable resource estimates. the company confirm that the All-American Oil Rig 111 has been formally contracted forthe re-entry of the Alkaid-2 well to test the SMD horizon. Pantheon has also awarded all major service provider contracts necessary for the operation. Finalisationof necessary permits forthe operation is ongoing, with mobilisation of the rig targeted for September.
Board Change • Aug 21Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director Allegra Scheirer was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jul 04Pantheon Resources plc Appointment of Allegra Hosford Scheirer as Independent Non-Executive DirectorPantheon Resources plc announced the appointment of Allegra Hosford Scheirer as Non-Executive Director with immediate effect. Allegra is an internationally recognised expert in petroleum system analysis, having deployed basin modelling, organic geochemistry, geophysical techniques, and machine learning to evaluate numerous oil and gas provinces throughout the world, including the Alaska North Slope. Allegra graduated with a Ph.D. in marine geology and geophysics from the Massachusetts Institute of Technology and subsequently worked with the Energy Resources Program at the U.S. Geological Survey ("USGS"). She has been a scientist at Stanford University for 15 years.
お知らせ • Jun 09Pantheon Resources plc Announces Executive ChangesPantheon Resources plc announced that Phillip Gobe has informed the Company of his intention to retire and the Board has elected David Hobbs as Chairman, with the intention for him to become Executive Chairman upon execution of an employment agreement. David joined Pantheon's Board in March 2023 with the goal of helping to sharpen the Company's strategic focus and improve communication with investors. As Executive Chairman, he will work with the existing management team to broaden the recognition of the value of the Company's assets and to build on the operational, financial and commercial capabilities of the organization.
お知らせ • Jun 07Pantheon Resources Plc announced that it has received $0.630904 million in fundingOn June 6, 2023, Pantheon Resources Plc closed the transaction. The transaction included participation from nine investors.
お知らせ • Feb 16Pantheon Resources plc Completes Alkaid #2 Well CleanoutPantheon Resources Plc announced the cleanout of the sand blockage in the Alkaid #2 well is now complete and the Nordic Calista #2 rig has moved off the Alkaid #2 well head after replacing the production tubing. Commencement of these operations was delayed due to poor weather and a number of electrical and hydraulic issues with the rig which are now all resolved. The team is currently connecting Alkaid #2 to the production facility in preparation for the resumption of the long term production testing operations which will recommence shortly. The entire facility will now run on power completely generated with produced gas without any ancillary equipment.
お知らせ • Dec 30Pantheon Resources plc Provides the Operational Update on the Alkaid #2 WellPantheon Resources Plc provided the following operational update on the Alkaid #2 well. Operational update - Alkaid #2: As previously announced, the lateral section of the Alkaid #2 wellbore is partially blocked with approximately 1,000 feet of frac sand which (i) has restricted tested flow rates due to the lack of contribution from the blocked section, and (ii) has necessitated a more conservative testing protocol in order to not exacerbate the blockage, which has resulted in a slower 'cleanup phase'. Encouragingly, despite the blockage, the well is flowing naturally into Pantheon's recently commissioned permanent production facilities located on the Dalton Highway at a rate of over 500 barrels per day (bpd) of hydrocarbon liquids which includes oil, condensate and natural gas liquids (NGL's), as well as significant natural gas, from an estimated 4,000 ft of lateral. Importantly, it is estimated that the well is still less than 40% of the way through cleanup phase, so potential exists for these rates to further improve. Crude oil is processed on location and oil sales are underway. To date over 7,000 barrels of 38-41 degree API oil has been trucked and sold into the Trans Alaska Pipeline System. This oil is lighter than existing North Slope oil production and hence a welcome addition to the production stream. A proportion of the gas production is used to generate power across all the facilities that are now electrically powered and operational, reducing flaring and providing cost savings to operations at this location. Production: At this early clean up stage, Alkaid #2 is delivering hydrocarbon liquid rates near expectations over the 4,000 ft unblocked section, with gas rates well above original prognosis. Sustained daily production over more than the last 30 days has averaged over 500 barrels per day of hydrocarbon liquids, of which circa 200 bpd of crude oil and over 300 bpd being condensate and NGLs, all of which can be sold either by blending into the pipeline or trucking to an Alaskan refinery. Gas rates are above 2.5 mmcfd which is higher than originally anticipated, however this is not believed to be from a gas cap but coming out of solution near the well bore. This is not considered a long term problem as excess gas could be reinjected into the reservoir for pressure maintenance. This combined hydrocarbon deliverability to date confirms the forecasted reservoir properties and highlights the potential deliverability of the Alkaid reservoir. The Company is confident there is upside above these rates as it is apparent that only a portion of the completed wellbore is contributing to the production stream; and it is estimated that the well has produced to date less than 40% of the volume of frac fluid used in the stimulations. Sand: As previously announced, the flow rate is restricted by the accumulation of sand in the horizontal portion of the well bore also slows down well cleanup. This is not uncommon in long horizontal wells that have been treated with multi stage fracture stimulations. With the correct equipment, removing the sand and cleaning the well is a simple operation which is currently planned for January. The sand blockage in the well bore was identified early in the production test, however no winterized workover rig was available which prohibited the removal of the tubing and a proper clean out at that time. Instead, a coiled tubing unit ("CTU") was used to conduct a through-tubing cleanout, but was unable to reach the full well depth and hence was partially successful with more than 1,000 ft remaining blocked and untouched by the CTU clean out. A rig is available in January to clean out the entire well bore and is expected to open the entirety of the lateral allowing the full potential of the well to be revealed and at the same time accelerating the clean up phase. In advance of the clean out the Company plans to shut in and perform reservoir diagnostics, a normal oilfield practice, to gather additional data.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 1 independent director (4 non-independent directors). Independent Chairman of the Board Phillip Gobe was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 25Pantheon Resources plc Provides Operational Update, Alkaid #2 WellPantheon Resources plc to provide the following operational update: Alkaid #2 - Operational Update: Production testing operations at Alkaid #2 have commenced with the well in the clean-up phase and showing positive early indications of oil production from the reservoir. During this clean-up phase, in addition to the fluid production, the strong flow back has yielded frac sand production higher than expected, which is not uncommon in similar completion procedures. The Alkaid #2 well is being shut in as part of the planned procedure to transition from temporary flow back facilities to larger permanent facilities, and a coiled tubing unit will be used to clean out the wellbore. Additionally, Pantheon will undertake a pressure build-up operation by placing a pressure "bomb" in the production packer and allowing formation pressure to increase for several days. This will allow for analysis of multiple reservoir parameters and is a standard reservoir engineering analytical tool. The operations to date have recovered approximately 10% of the frac fluid used, with oil cuts averaging from 8% to 12%. Typically, a better indication of ultimate production performance can be ascertained after recovering over 40% of the frac fluid, which the Company expects to achieve over the coming weeks. Alkaid #2 has produced initial fluid flow with rates in the thousands of barrels per day, including a strong sand production response which the Company will address to ensure sand is not restricting the wellbore. Pantheon is awaiting delivery of a coiled tubing unit to clean out the well bore prior to recommencement of flow test operations.
お知らせ • Sep 26Pantheon Resources Plc Provides Operational UpdatePantheon Resources Plc provided the following operational update: The Company reported that the completion and stimulation phase at Alkaid #2 has concluded, and a production packer has been set. Completion equipment is currently being demobilized and preparations are underway for flow testing. The Company will shortly commence commissioning its facilities which were recently increased in capacity in order to handle potential additional production. A workover rig is estimated to arrive to location over the next week to ten days to install production tubing prior to commencing flow testing operations. A significant amount of fluid was introduced into the well during stimulation procedures which will return first during the 'clean-up phase', prior to the subsequent commencement of oil production later in October, if successful. Flow Testing at Alkaid #2: In preparation for flow testing, Pantheon has applied to the Alaska Oil and Gas Conservation Commission ("AOGCC") for a long-term pilot production test with a hearing set for 27th October to consider gas flaring at the Alkaid #2 well. This hearing is part of the normal process for a long-term pilot production test as the AOGCC must determine when the project is considered to transition from testing a new formation to entering regular production. AOGCC regulations state that gas flaring is permitted during testing but must be limited during regular production operations. The hearing is not anticipated to delay or curtail planned testing operations. The purpose of the long-term pilot production test of the Alkaid interval is to gather data necessary to understand the characteristics of production from that reservoir. This includes determining the initial production rate, the production decline curve and the Gas to Oil Ratio. This information will then be used to model the potential commerciality of the project, optimize design of production facilities for long-term production, determine the amount of associated gas produced with the oil and identify the most efficient uses for that gas. The hearing will allow the AOGCC commissioners to gather information about the project to determine the length of the testing program and thus when the project should be considered to be in regular production.
お知らせ • Sep 07Pantheon Resources plc Provides Operational UpdatePantheon Resources plc provided the following operational update. The Nabors 105 rig, used to drill the Alkaid #2 well has been fully demobilised, and wireline and completion equipment is now on location where completion operations have commenced. The well will be perforated, stimulated and plugged off in sections, prior to the commencement of flow testing, anticipated in early October. The Company looks forward to advising shareholders of flow test results in due course. Pantheon announced that it has upgraded the capacity of the production facilities, which are currently enroute to the North Slope. The increased capacity of these modular facilities is sufficient to process oil production from multiple wells.
お知らせ • Aug 18Pantheon Resources Plc Provides Operational Update on Alkaid #2 WellPantheon Resources Plc announced the conclusion of drilling operations, and the commencement of preparations for stimulation and flow testing at the Alkaid #2 well. Drilling operations atthe Alkaid #2 horizontal well bore have now concluded, reaching a total measured depth of 14,300 feet ('ft') which includes a lateral length of 5,300 ft. A 5 ½ inch liner has been run, set, cemented at the bottom and tested for integrity. Pantheon, like all companies in the oil and gas industry, is experiencing significant inflationary cost and supply chain pressures at present, and hence is extremely pleased that drilling of the lateral section was accomplished smoothly and without incident. Future production wells will have a targeted lateral length of +/- 8,000 ft. However, as this is Pantheon's first horizontal well on the North Slope, and to minimize operational risk and still deliver the production data needed to optimize development of the resource, the Company adopted a conservative approach and utilized a shorter lateral. Analysis of the logging while drilling (LWD) and gas chromatograph readings indicate that the improved reservoir parameters encountered in the vertical pilot hole have continued or improved in the horizontal well bore. This data further confirms the accuracy of Pantheon's geological models and provides the Company with greater confidence to predict reservoir tops and bottoms. As previously announced,initial analysis indicates significant improvements in reservoir quality which has the potential to lead to upgrades of the current resource estimates for all targeted horizons. Analysis of data received to date also highlights the progression in the Company's ability to accurately predict the presence of light oil bearing reservoirs using 3D seismic data, geological and geophysical capabilities, further enhancing confidence in future drilling and development planning. The quality of data received from the well has been extremely high and the Company will assess the flow test and other well data before making a final decision on the winter 2022/23 operations program. Future operations at Alkaid #2 involve demobilizing the Nabors Rig 105 and moving in a smaller completion rig to undertake the extended completion operations of perforating and stimulating the horizontal section approximately every 165 ft and will necessitate +/- 30 separate perforation and stimulation stages. After the completion, long term production testing will utilize a modular production kit capable of separating any oil, gas or water from the production stream before trucking this oil to a nearby production unit for sale. As mentioned previously, Pantheon will use unconventional production techniques, applying this technology to the conventional sandstone reservoirs encountered across the entire project area.
お知らせ • Jul 30Pantheon Resources Plc Provides Operational Update on Alkaid #2 WellPantheon Resources plc provided update on the Alkaid #2 well. Alkaid #2 Well - Target Vertical Depth Reached: The Alkaid #2 pilot hole has now reached a total vertical depth of 8,584 feet ('ft'), with a measured depth of 8,950 ft, having encountered multiple oil bearing reservoirs in all three targeted formations in the well: the Shelf Margin Deltaic, the Alkaid Anomaly, and the deeper, untested extension of the Alkaid Anomaly ("Alkaid Deep"). Initial analysis indicates significant improvements in reservoir quality which could potentially lead to a material upgrade of the current resource for all targeted horizons. Analysis of data received to date confirms the Company's ability to accurately predict the presence of light oil bearing reservoirs using 3D seismic data, geological and geophysical capabilities, further enhancing confidence in development planning and expected outcomes. All reservoirs were encountered on prognosis at predicted depths with reservoir quality exceeding pre-drill expectations. Alkaid #2 confirms more than 1,400 ft of gross continuous oil bearing strata throughout the section drilled below the regional top seal at 7,165 ft down to at least the 8,584 ft total vertical depth. Under instruction from the Alaska Oil and Gas Conservation Commission (AOGCC), drilling was stopped at 8,584 ft, despite not having reached the bottom of the Alkaid Deep section, to allow a sufficient margin to avoid contact with the high pressure HRZ zone and possible fault. Shelf Margin Deltaic, Analysis confirms: The northern extension of the Shelf Margin Deltaic ("SMD") horizon from Talitha in the south to northeast, across the Dalton Highway east of Alkaid #2. Net 272 ft oil bearing reservoir encountered which was thicker and of better reservoir quality than pre-drill estimates. Alkaid Anomaly, Analysis confirms: Net 155 ft oil bearing reservoir encountered which confirms that the zone extends over the four mile distance between the Alkaid #1 and Alkaid #2 wells. Exceeded pre-drill expectation of reservoir thickness and quality. Detailed analysis of cuttings and sidewall cores is currently underway to help optimise the completion of the well and long term testing operations. Alkaid Deep: Drilled 300 ft deeper than Alkaid #1, all of which was oil bearing reservoir. Pantheon estimates the potential for an additional +/- 200 ft of oil bearing section below total depth ("TD"). Reservoir quality encountered was better than prognosis. FMI analysis is currently underway which, once complete, will determine the net reservoir thickness. Ongoing Analysis: Sidewall coring has been completed throughout the oil bearing section and analysis is underway. Comprehensive Volatiles Analysis ("VAS") has commenced following the collection of sealed well samples every 10 ft throughout the entire target interval from 7,100 ft measured depth to total depth of c.8,950 ft. The Company is now preparing to move up the wellbore for drilling of the horizontal section in the Alkaid Anomaly (primary objective), before casing, stimulating and ultimately flow testing the well. Pantheon believes that in a development scenario, future wells will be drilled with +/- 8,000 ft horizontal sections. However, this being the first well in the area, a more conservative approach will be taken with a shorter lateral simply to minimise operational risk. The Company expects to provide a further update to shareholders once the horizontal well has been drilled and cased, but prior to testing. Pantheon is extremely encouraged by data received to date, however, as always, cautions that a definitive assessment of ultimate commerciality cannot be determined until flow testing has been undertaken.
お知らせ • Jul 07Pantheon Resources plc Announces Spudding of Alkaid #2 WellPantheon Resources Plc announced the following updates. Operations have commenced on the Alkaid oil accumulation with the spudding of Alkaid #2, the Company's first horizontal well on the ANS, using the Nabors 105AC drill rig. The rig is larger than those previously used, with increased capacity, and can undertake multiple functions. As of 8 PM BST on 6 July, Pantheon was drilling ahead at a depth of approximately 300 feet. The Alkaid #2 well will assess three impactful objectives over multiple formations: Production testing a proven oil formation encountered in Alkaid #1; Exploring the deeper potential for oil in that zone. Appraising an extension of oil discovered in the Shelf Margin Deltaic at Alkaid #1 and Talitha #1. The Alkaid #2 well is located adjacent to the Dalton Highway and Trans Alaska Pipeline System (TAPS) which are the main transportation highway and export pipeline, respectively, and approximately 4.5 miles from the Alkaid #1 discovery well drilled in 2015. A key objective of this well is to gain robust production test data to accurately assess the ultimate potential of the reservoir. Whilst the Company believes the optimum well design to exploit the Alkaid anomaly would include +8,000 foot lateral sections, in this first well the Company will adopt a more conservative approach with a shorter lateral simply to minimise operational risk. The primary function of Alkaid #2 is to conduct a long term production test on the oil zone previously tested at Alkaid #1. If successful, Pantheon will truck the produced oil to?Pump Station?#1, located approximately 20 miles north of Alkaid, and sell the produced oil to a nearby North Slope facility. Alkaid #1 tested an average of over 100 BOPD via a small "through-tubing single frac", which perforated six feet of the 240 feet net pay interval. Alkaid #2 will test this same zone through a long horizontal section accessing several thousand feet of oil bearing section. Alkaid #2 also has significant exploratory potential immediately below the total depth at Alkaid #1. As part of the current drilling programme, the Company intends to evaluate the extent of this deeper oil column. Alkaid #1 was terminated within the oil zone at a time when regional flooding of the Dalton Highway occurred. Based on seismic and other analytical analysis, the Company believes the Alkaid horizon's oil zone is substantially thicker than drilled to date, offering the potential for additional resource growth to that outlined above and which will be assessed in the Alkaid #2 well. This increased resource potential combined with current oil price forecasts, as opposed to the $55/bbl used by the Independent Expert in 2020, could have a material impact on any new resource valuation.
Board Change • Apr 28Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Chairman of the Board Phillip Gobe was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 25Pantheon Resources plc Provides A Management Resource Upgrade on the Lower Basin Floor Fan At Theta West and an Oil in Place Estimate on the Slope Fan System At TalithaPantheon Resources plc provided a management resource upgrade on the Lower Basin Floor Fan (LBFF) at Theta West and an Oil in Place estimate on the Slope Fan System (SFS) at Talitha. Highlights: A significant management resource upgrade in the LBFF at Theta West to 17.8 billion barrels of oil in place (OIP), a 61% increase on previous estimates, and a recoverable resource of 1.78 billion barrels as a most likely case, a 48% increase on previous estimates. Given the discoveries of oil confirmed by testing in the LBFF at Theta West, and previously at Talitha #A, as well as the oil encountered at Pipeline State #1, the Company believes the above estimate could be categorized as a Contingent Resource. The new discovery of oil in the SFS at Talitha which management believes has the potential to contain 2.2 billion barrels of OIP, opening up another significant development opportunity in and around the current resource base. Additional analysis is required before Pantheon can estimate the recoverable resource in the SFS. These resource upgrades will be discussed in the upcoming webinar, along with the expectations for the Alkaid #2 well, planned for July 2022. Resource Upgrades: Lower Basin Floor Fan at Theta West #1: Pantheon to report that it has now completed its internal analysis of the LBFF system encountered in the Theta West #1 well. Management estimates the LBFF contains 17.8 billion barrels of OIP and a Contingent Resource (recoverable) of 1.78 billion barrels as a most likely case, both significant increases on previous estimates. There are now three well penetrations into the LBFF all confirming oil, which combined with the high quality 3D seismic provides confidence of the large resource potential of this accumulation. The resource upgrade is mostly derived using new reservoir parameters encountered in the Theta West well and greater confidence about the reservoir in general over this large area. Theta West confirmed the Company's prognosis of greatly improved reservoir quality, and thus a deterministic model was constructed of the reservoir using the reservoir parameters of Talitha #A in the down dip portion of the oil accumulation and reservoir parameters from Theta West #1 in the updip portion of the oil accumulation. The Theta West reservoir is some 1,500 feet shallower and some 10.5 miles in distance from the Talitha location. At tomorrow's Webinar the Company will show a histogram of the reservoir characteristics at both locations, which will pictorially illustrate the improvements. Prior to shutting in the Theta West #1 well due to the onset of extreme weather, the data obtained during testing had indicated reservoir quality superior to Talitha #A with high quality light oil encountered across the entire section. Samples analysed to date by AHS/BakerHughes, independently contracted to undertake Volatiles Analyses, has also confirmed the presence of light oil within each and every sample taken across the LBFF. As for all new oilfield discoveries, ultimate commerciality will require long term production testing such as that planned to spud in July at Alkaid #2 and be the first commercial production test of the Brookian sequence in the Pantheon acreage. Slope Fan System at Talitha #A: The Company has also completed its initial analysis of the SFS, a secondary target at the Talitha #A well which management estimates to contain 2.2 billion barrels of OIP. Additional analysis still needs to be undertaken before Pantheon can advise on a recoverable resource estimate for the SFS. Further details will be provided in due course. During the 2022 winter testing programme, Pantheon successfully stimulated and flow tested the two lobes of the SFS in the Talitha #1 well, producing high quality c.35 to 38 degree API oil and averaging 45 barrels of oil per day (BOPD) over a three day test period. The two SFS lobes are in two distinct trapping systems and suggest very good reservoir properties. The Company's initial analysis suggests that the deeper of the two lobes extends below the Alkaid Deep anomaly and will be assessed in the upcoming Alkaid #2 well, planned for July 2022.
お知らせ • Feb 22Pantheon Resources plc Provides Operational UpdatePantheon Resources plc provide the following update Operational Update - Talitha #A: The Company announced that flow testing operations have now been completed on the Slope Fan System ("SFS"), a Brookian aged horizon, at Talitha #A. The Company perforated two separate five foot ("ft") intervals at 8160 - 8165 ft and 7855 - 7860 ft, within two distinct circa 50 ft sand bodies or 'lobes'. The two intervals were stimulated and flow tested together, producing high quality circa 35 to 38 degree API oil and averaging 45 barrels of oil per day ("BOPD") over a three day test period. On the final day of testing, the well was flowing at a sustained rate of approximately 32 BOPD from this combined 10 ft of perforations which is highly encouraging given production wells on the Alaska North Slope are drilled horizontally, which would typically result in materially higher flow rates. This is the first indication of producible oil in the Slope Fan on Pantheon's acreage and has significant implications for future resource and recoverable oil estimates. The two SFS lobes are in two distinct trapping systems and suggest very good reservoir properties. The Company's initial analysis suggests that the deeper of the two lobes extends below the Alkaid Deep anomaly and will be assessed in the upcoming Alkaid #2 well, planned for summer 2022. The Company has not previously provided guidance on potential resource for the SFS. The Company is greatly encouraged by these results and will provide an estimate of resource and recoverable oil in due course, once analysis is completed and the Talitha test results are fully integrated into resource assessments and future appraisal plans. Theta West #1 Operational Update: After casing was set, an error by a third party service company contractor working on the rig floor has delayed testing operations. A cement stage tool was improperly configured, placing cement inside the casing rather than outside casing as intended. The Company will undertake work to remove cement from within the casing, prior to performing a remedial cement squeeze job. The Company expects this work to be completed over the course of this week prior to conducting flow testing operations of the Basin Floor Fan. The issue has cost time and money, however, the Company does not believe this has compromised the reservoir potential in any way.
お知らせ • Feb 15Pantheon Resources plc Provides Theta West #1 Operational UpdatePantheon Resources plc provided the following update: Pantheon confirms that Theta West #1 has reached total depth (TD) at 8,450 feet having drilled through both the Upper Basin Floor Fan (UBFF) and Lower Basin Floor Fan (LBFF) target horizons, which are Brookian age, and having encountered approximately 1,160 gross feet of hydrocarbon bearing reservoir across both horizons combined. Data received so far indicates the reservoir quality is superior to Talitha #A, with high quality light oil encountered across the entire section. The Company is now preparing to set casing prior to flow testing within both horizons over the coming weeks. The UBFF was encountered between 6,800 and 7,000 feet, and the LBFF was encountered between 7,450 feet and 8,410 feet depth. The top of the UBFF is located approximately 150 feet higher than pre-drill estimates. Well bore conditions in the shallower sections above the primary objective, combined with the extremely cold weather, have prevented the Company from conducting wireline operations in the open hole. However, the Company undertook Logging While Drilling (LWD) operations which included resistivity, gamma ray, neutron density, formation density along with gas chromatography readings during drilling which has provided excellent quality data, indicating the presence of hydrocarbons in the targeted horizons some 1,500 feet structurally higher (updip) from the Talitha #A well, 10.5 miles to the southeast. Samples analysed to date by AHS/Baker Hughes, which have been contracted to undertake Volatiles Analyses (VAS), has also confirmed the presence of light oil within the UBFF and the top portion of the LBFF, consistent with the LWD data. AHS/Baker Hughes is yet to complete analysis of the lower portion of the LBFF. Operations at the well site have been impacted by the extremely cold temperatures (-55 degree Celsius wind chill), which have caused some disruption through a number of equipment failures and a reduced ability for personnel to work outside in such extreme conditions. Due to the well bore conditions and weather, the Company was unable to core or to collect open hole wire line logs, however, the data gathered to date has been of sufficient quality to allow the Company to analyse the well bore. The Company has decided to preserve the well bore and run casing, prior to undertaking cased hole logging and subsequently flow testing. As always, the Company cautions that it is too early to draw final conclusions as to the ultimate potential of the well which can only be assessed after the completion of flow testing operations. Operational update - Talitha #A: Testing of the Slope Fan System (SFS) is now underway and results will be reported when completed. As with the Basin Floor Fan at Talitha #A, the SFS is also a secondary target in a suboptimal location in this well, and thus the objectives for testing are to (a) prove the movability of hydrocarbons, and (b) to confirm high quality light oil. No resource estimates have been provided to date for the SFS.
お知らせ • Feb 08Pantheon Resources plc Announces Talitha #A Testing UpdatePantheon Resources plc provided update on Talitha #A - Flow Testing the Basin Floor Fan. The company announced that testing operations have now been completed on the Lower Basin Floor Fan, a Brookian aged horizon. Three separate 10 feet ("ft") intervals were perforated over 370 ft out of 600 ft of gross section, at 9,405 to 9,415 ft, 9,205 to 9,215 ft and 9,045 to 9,055 ft. These three intervals were individually stimulated and flow tested, producing high quality c. 35 to 39 degree API oil and averaging 73 barrels of oil per day ("BOPD") over a three day test period. On the final day of testing, the well was flowing at a sustained rate of approximately 40 BOPD. Encouragingly, the bottom hole pressure is near to the reservoir pressure, thus providing an indication of the production potential of this portion of the oil accumulation, which is at the distal limits of the field. Future development wells would all be drilled horizontally and stimulated with multiple stage fracs, meaning that flow rates are expected to be many times higher. The company is greatly encouraged by these results given the optimal location for any development of the BFF is in a structurally higher position which is presently being drilled and tested at Theta West, 10.5 miles to the north west, where the BFF is the primary objective. As a reminder, Talitha #A is a vertical test well drilled in 2021 which was located to target the Shelf Margin Deltaic ("SMD") horizon as the primary target, with other horizons as secondary targets given the well's sub optimal location for those reservoirs. Notwithstanding, the well has encountered several independent oil horizons, all of which were confirmed to be oil bearing; (i) the Shelf Margin Deltaic, (ii) the Slope Fan System, (iii) the Upper Basin Floor Fan, (iv) the Lower Basin Floor Fan, and (v) the Kuparuk. Independent 'Volatiles Analysis' undertaken by Advanced Hydrocarbon Stratigraphy /Baker Hughes during drilling Talitha #A took 416 cuttings over a 3,700 ft section spanning these five horizons mentioned above, with every single sample confirming the presence of oil.
お知らせ • Jan 24Pantheon Resources Plc Announces Spudding of Theta West #1 Well & Operations UpdatePantheon Resources plc provided the following update: Spudding of Theta West #1 Well (Pantheon: 100% working interest). Following the completion of its work preparing the Talitha #A well for testing, the Nordic Calista #3 rig mobilized c. 8.5 miles to the Theta West location where it spudded the Theta West #1 well at approximately 10pm GMT on 21 January. As of 10pm GMT last night the company is drilling ahead at a depth of 1,874 feet. Theta West #1 is targeting two primary targets; (i) the Upper Basin Floor Fan, and (ii) the Lower Basin Floor Fan. Combined, these horizons are estimated by the Company to contain 12.1 billion barrels of oil in place with an estimated 1.4 billion barrels of recoverable resource. The top of the formation is estimated at a depth of about 7,600 feet ("ft") with an estimated 1,300 ft reservoir thickness. The forward plan is to drill to target depth, estimated at c. 9,200 ft, case the hole, and begin testing operations on both the Lower Basin Floor Fan and Upper Basin Floor Fan. Prior to relocating to the Theta West #1 location, the Nordic Calista #3 rig completed preparations for testing operations at the Talitha #A well which included a plugging operation on the Kuparuk Zone. The Kuparuk will form the focus of a future well. A Schlumberger fracking unit and the XPRO flow back testing equipment are mobilized and on location. Testing operations commenced over the weekend and will start from the lowest formation, the Lower Basin Floor Fan, before proceeding sequentially to the two shallower Slope Fans (which will be tested together) and the Shelf Margin Deltaic horizons. A Coiled Tubing Unit used for flow testing operations will mobilize to location after the completion of the frack job. Talitha #A was drilled in 2021 and encountered five independent oil horizons, all confirmed as being oil bearing; (i) the Shelf Margin Deltaic, (ii) the Slope Fan System, (iii) the Upper Basin Floor Fan, (iv) the Lower Basin Floor Fan, and (v) the Kuparuk. Independent 'Volatiles Analysis' undertaken by the experts at Advanced Hydrocarbon Stratigraphy /Baker Hughes took 416 cuttings during drilling of the well over a 3,700 ft section spanning these five horizons, with every sample confirming the presence of oil.
お知らせ • Jan 13Pantheon Resources plc Announces Theta West Drilling Permit ApprovalPantheon Resources plc provided the following update: Pantheon announced that it has received notification from the Alaska Oil & Gas Conservation Commission that the permit required to drill the Theta West #1 well has been approved. The Nordic Calista #3 rig is on location at the Talitha #A well where it will complete works to prepare the well for testing, prior to being mobilised to the Theta West #1 location for the spudding of that well. Given that Talitha #A is already drilled and cased, a smaller coiled tubing unit will be utilised for testing of that well, once preparation works have been completed with the larger rig. The ice road to Theta West is still under construction, with the approximately one mile still to be fortified and completed. Following this, the pad will be constructed prior to the move of the rig.
お知らせ • Jan 07Pantheon Resources Plc Provides Operations UpdatePantheon Resources Plc announced the following operations update: Ice road completion and rig mobilisation: The ice road from the Dalton Highway to the Talitha #A location, together with the pad at the Talitha #A location have both been completed and the camp set up. Construction of the eight mile ice road from Talitha #A to the Theta West #1 location is also approximately 50% completed. The Nordic Calista #3 rig, the rig used to drill Talitha #A last year, commenced its mobilisation from Deadhorse, Alaska to the Talitha #A location on 4th January where it is expected to arrive by 6th January. Once on location, it will prepare the Talitha #A well bore for testing operations. When completed, the rig will mobilise to the Theta West #1 location and used for drilling operations. As Talitha #A was drilled last season, a smaller low cost coiled tubing unit will conduct testing operations. 2022 Drilling season objectives: Pantheon's upcoming programme and near-term objective is to prove the resource at Theta West and the commercial potential of its discovered resources at its Talitha and Greater Alkaid projects. Pantheon has a 100% working interest in each of these projects. Post the recent capital raising, Pantheon is now funded to execute the evaluation of these potentially large resources, currently estimated by management to contain a combined 17 billion barrels of oil in place with an estimated recoverable volume of 2.2 billion barrels of oil. The 2022 work programme will involve the following: Testing of the multiple oil zones confirmed by Pantheon at Talitha #A; Drilling a new well at Theta West - the 'Theta West #1' well; and Drilling an appraisal/development well (the 'Alkaid 2H' well) at Greater Alkaid, offsetting the Alkaid #1 discovery well. Pantheon's projects are all located on State land, in close proximity to established infrastructure, and there are no known environmental impediments to drilling operations. The close proximity to established pipeline and transportation infrastructure offers significant advantages to the Company in the event of success. Talitha #A Testing Operations: Talitha #A will test several oil bearing zones that were encountered in 2021, when Talitha #A confirmed oil accumulations previously discovered by the Pipeline State #1 well, drilled by Arco Alaska in 1988. Several distinct stratigraphic oil zones were identified at Talitha #A which have been further defined using advanced seismic petrophysics, a technology that integrates petrophysics, geophysics and geology. The Talitha #A well confirmed five potentially productive zones, from deepest to shallowest as follows: (i) Kuparuk, (ii) Lower Basin Floor, (iii) Upper Basin Floor Fan, (iv) Slope Fan and (v) Shelf Margin Deltaic. In 2021, the Company was only able to test the deepest of these zones, the Kuparuk Formation, as operational issues extended testing operation to the end of the drilling season when operations were suspended. The current testing programme will focus on the four normally pressured shallower Brookian zones (zones (ii) to (v) above) which are all secured behind casing. These four zones are all geologically independent of the Kuparuk, have all confirmed the presence of light oil, and will be flow tested as part of the upcoming programme. The Kuparuk, which the Company believes to offer significant potential, will form the focus of a future well. The data obtained during drilling of Talitha #A is of exceptionally high quality and has been analyzed by Pantheon's geologic, geophysical and engineering teams, supplemented by the independent analysis undertaken by AHS (Baker Hughes). This analysis has confirmed the presence of continuous stacked light oil-bearing (35+ API) reservoir zones over a 3,700 feet ("ft") interval starting at the regional top seal above the Shelf Margin Deltaic reservoir zone down to 10,456 ft. The objective of the testing operation is to confirm movable oil within these formations. Development within any of these formations will be done using horizontal wells positioned in better locations. Theta West Drilling Operation: Pantheon estimates the Theta West basin floor fan (BFF) on a 100% basis has the potential to contain 12.1 billion barrels of Oil in Place and a P50 Recoverable Resource1 of 1.41 billion barrels of oil on Pantheon's acreage. If successful, Theta West has the potential to be of very significant value to the Company. Talitha #A confirmed the Theta West structure as being oil bearing on the distil flanks of the structure. The Theta West #1 well location is approximately 8.5 miles and 1,500 ft structurally higher and "up dip" of the Talitha #A discovery, in what is believed a superior geologic location.
お知らせ • Jul 16Pantheon Resources plc Announces to Provide Resource Upgrade on Its Shelf Margin Deltaic SequencePantheon Resources plc announced to provide the following management resource upgrade on its Shelf Margin Deltaic ("SMD") sequence as well as to provide details of an upcoming investor webinar. It reports that it has completed its internal analysis of the SMD-B sequence encountered in the Talitha #A well. The SMD is the shallowest of five discrete oil bearing intervals encountered in that well. The SMD interval itself is comprised of three individual components: the SMD-A, the SMD-B and the SMD-C. The excellent quality data obtained in Talitha #A has allowed Pantheon to integrate well log response and core data with seismic petrophysics to more accurately map this interval. Pantheon has completed its analysis of the SMD-B zone, one of the three zones within the SMD, and estimates that this zone has the potential to contain 2.6 billion barrels oil in place ("OIP") and a P50 Contingent Resource (recoverable) of 404 million barrels oil ("mmbo"). The Company's previous management estimate for the SMD was an OIP of 1.8 billion barrels and a P50 Prospective Resource of 483 mmbo across all three of its zones combined, of which approximately 265 mmbo were attributable to the SMD-B zone; being the zone subject to today's resource upgrade. Analysis is not yet complete on the SMD-A and SMD-C zones, although as previously reported it is anticipated that the SMD-A will experience a reduction, whereas the SMD-C is broadly in line with previous analysis. When considered as a whole, management believe the resource potential of the SMD has been upgraded substantially. The geographic location of Pantheon's leases has a significant economic advantage because they can be developed from the Dalton Highway, materially reducing development costs and accelerating the time to first production and revenues. This offers Pantheon a major competitive advantage in expediting development and production compared to other operators on the North Slope of Alaska.
お知らせ • May 17Pantheon Resources Plc Resource Upgrade – Basin Floor FanPantheon Resources provided the following resource upgrade on its Basin Floor Fan Complex, which spans both the Theta West project and Talitha Unit. Company P50 estimate of 12.1 billion barrels ("BBL") of oil in place ("OIP") and of 1.41 billion barrels of Recoverable oil in the Basin Floor Fan Complex, consisting of 11.0 billion barrels OIP and 1.20 billion barrels recoverable in the Lower Basin Floor Fan and 1.10 billion barrels OIP and 0.21 billion barrels recoverable in the Upper Basin Floor Fan. The Company has now completed its analysis of the Basin Floor Fan Complex encountered in the Talitha #A well and confirms its interpretation that the Basin Floor Fan Complex encountered at Talitha is mapped to extend 10 miles into the shallower (updip) Theta West Project area. Given the Basin Floor Fan's crossover into these two different project areas, and to avoid potential confusion, all future references to the Basin Floor Fan resource (both in the Talitha Unit and in the Theta West project area) will hereafter be singularly classified by reference to the 'Theta West' project (not Talitha). The Theta West project has been at the forefront of Pantheon's leasing strategy over the past two years where the Company strategically secured a major acreage position which has captured the majority of the Basin Floor Fan play.
お知らせ • Mar 09Pantheon Resources plc Provides Operational Update at Talitha #A WellPantheon Resources plc provided the following update: As previously announced, the Talitha #A well reached target depth at 10,452 ft and encountered oil in multiple formations. Recent third party analysis of the electric logs and other data has upgraded the number of significant oil bearing zones from four to five, with the addition of a highly prospective zone within the Slope Fan System. Preliminary analysis for all of these zones which include the Kuparuk Formation, Lower Basin Floor Fan, Upper Basin Floor Fan, Slope Fan and the Shelf Margin Deltaic ("SMD") are very encouraging. The Company would intend on testing each of these zones either within this current drilling season, time permitting, or suspend the well and return to test any untested zones next season. Four of the oil zones are secured behind pipe and can be tested at any time during a drilling season. Current operations are focussed on the deepest zone which is the Kuparuk Formation. The Company has therefore decided to retrace some 500 feet above the original casing shoe where the wellbore integrity is good, and to kick off a completely new sidetrack hole. This new shallower section of hole will be drilled from the existing casing string avoiding the open hole section of the well where all the problems have occured. The new sidetracked well should penetrate the Kuparuk formation some 100 feet from the original problem section of hole in a virgin reservoir section which will allow a better testing operation. The Company estimates that drilling and testing operations through this initiative will take 15-18 days and involve redrilling some 1,200 feet of new hole. The Company believes the delays and costs associated with this new testing operation is worth the investment. Pantheon has evaluated over 1,000 square miles of 3D seismic in the Talitha area and the Company believes this is the best Kuparuk reservoir encountered in any wells over this vast area. The Company believes success in this zone should prove a viable regional play that can be quantified now that a good oil bearing reservoir section has been discovered. This has important ramifications for future exploration on the Alaska North Slope in areas that previously were not considered prospective for Kuparuk oil. The four potential oil zones in the shallower section are all important but the testing sequence dictates that testing occurs sequentially from the deepest Kuparuk section to the shallowest Shelf Margin Deltaic section. It is now unlikely that time will permit the testing of all zones. However, the Company will aim to make full use of the drilling season to test as many zones as time permits. Where zone(s) remain untested, the Company will suspend Talitha #A and propose to test those remaining zone(s) next season using a smaller workover rig instead of the current larger drilling rig.
お知らせ • Mar 04Pantheon Resources Plc Announces Operational Update, Talitha #A WellPantheon Resources Plc announced all covered by 3D seismic and conveniently located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, provides the following update. As previously announced, the Talitha #A well reached target depth at 10,452 ft; was logged, sidewall cored, and encountered oil in all four targeted horizons. Preliminary analysis for all of these zones at this location was very encouraging, particularly for the Shelf Margin Deltaic ("SMD"), Basin Floor Fan and Kuparuk horizons. Flow testing each of these zones sequentially from deepest to shallowest, prior to the end of the drilling season is the goal. The highly encouraging results in the Kuparuk formation, which were better than expected, have warranted a change of plans to test the Kuparuk more thoroughly. Necessarily, this has added additional complexity and time to testing of this formation and has resulted in a delay to the planned testing timetable. The Kuparuk formation is an important target on the Alaska North Slope because of its large scale and enormous regional productive capability. In order to carry out a more detailed testing operation it was decided to set a 4 ½ inch liner across the Kuparuk instead of the original plan to test in the open hole. However, because of equipment failures and technical issues, the formation started to become damaged in its current location and it has not been possible to effectively set the 4 ½ inch liner. The damage occurred to the geologic formations above the Kuparuk, a sequence of thick shales and clays, which swelled while the hole was open during the delay. Accordingly, the Company has made the decision to drill a new modestly angled sidetrack into the Kuparuk. The plan is to set and cement the 4 ½ inch liner within the sidetrack, perforate the Kuparuk and commence testing. It is estimated that the sidetrack will take 2-3 days to drill some 650 feet through the Kuparuk Formation approximately 25-50 feet lateral distance from the discovery location, which should allow a better testing operation.
お知らせ • Mar 01Pantheon Resources Plc, Annual General Meeting, Mar 24, 2021Pantheon Resources Plc, Annual General Meeting, Mar 24, 2021, at 14:00 Coordinated Universal Time.
Is New 90 Day High Low • Feb 18New 90-day high: €0.52The company is up 40% from its price of €0.37 on 19 November 2020. The German market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 35% over the same period.
お知らせ • Feb 16Pantheon Resources plc Provides the Following Update on the Talitha #A WellPantheon Resources Plc provides the following update on the Talitha #A well. The Talitha #A well has successfully reached target depth at 10,452 ft. The well has been logged and sidewall cores taken, which have been sent to third party labs for assaying. The Company cautions that all analysis is preliminary at this stage, and testing is required before making any definitive assessments. Based on preliminary analysis, the well has penetrated all objective formations and encountered oil in each of them. Four distinct oil-bearing zones have been identified described in more detail below. The current plan is to test the Shelf Margin Deltaic ("SMD"), Basin Floor Fan (two separate zones) and the Kuparuk zones. Testing all zones is critical to determine ultimate commerciality. As predicted, Talitha #A encountered the SMD approximately 600 ft up dip from the zone as seen in the analogous Pipeline State #1 ("PS#1") well, four miles to the east. The PS#1 well was not tested when drilled in 1988 due to economic and other commercial factors at the time, however based upon core analysis and mudlogging it is believed that the SMD would likely be a commercial reservoir in that well. In Talitha #A, the gross oil bearing reservoir interval encountered at 6,500 ft, was in line with predrill expectations for thickness, featuring 155 ft of interbedded sand and shale, which is positive, however does not indicate an improvement to that of the PS#1 well. Lying immediately beneath the SMD zone is the Slope Fan system at 7,830 ft to 8,050 ft. Talitha #A encountered interbedded, oil bearing sands and shales that will be assessed in more detail with the modern logs that have been obtained across this interval. The Slope Fan was classified as a secondary target in this well due to its suboptimal location on the structure, with the principal objective being to gather data to assess the Slope Fan across the Company's acreage. The Slope Fan at Talitha #A encountered oil which has positive ramifications for the Company's broader acreage position, however based upon preliminary analysis the company does not plan to test this zone at this location. Talitha #A encountered multiple oil-bearing reservoir sand successions throughout a 1,550 ft section from 8,100 ft to 9,650 ft. It was known that the Talitha #A well was not positioned optimally for the Basin Floor Fan which, as mapped on seismic data, continues up dip for several miles north west and has been the basis of Pantheon's leasing activity over the last two State annual lease sales. The encountered oil column thickness was larger, with higher net to gross sand, than expected. This is potentially very significant for the Basin Floor Fan, not only at Talitha, but also at the Company's Theta West project.
Reported Earnings • Jan 28Full year 2020 earnings released: US$0.034 loss per share (vs US$0.10 profit in FY 2019)Full year 2020 results: Net loss: US$17.0m (down 148% from profit in FY 2019).
お知らせ • Jan 14+ 1 more updatePantheon Resources plc Provides Update Regarding Spudding of the Talitha #A Well, North Slope of Alaska, 89.2% Working InterestPantheon Resources Plc provides update regarding Spudding of the Talitha #A well, North Slope of Alaska, 89.2% working interest. The Talitha #A appraisal well spudded ahead of schedule on 13 January, 2021, with drilling planned to a total vertical depth of approximately 10,000 feet. The well will target the shallowest Shelf Margin Deltaic horizon as the primary objective and will also drill through a number of secondary objectives including: (i) the 'Slope Fan System', (ii) the 'Basin Floor Fan', and (iii) the 'Kuparuk' horizons. Drilling and testing operations at Talitha #A must be completed prior to the onset of Spring when temperatures warm up and the ice road begins to thaw. Historically, the drilling season has ended near the end of March. Given the number of targeted formations, and subject to positive results, Pantheon intends to make full use of the available drilling window, undertaking drilling and testing operations as long as weather permits. As of 1730 Alaskan time on 13 January the well was drilling ahead at a depth of 225 feet. Talitha #A is located approximately eight miles west of the Dalton Highway and Trans Alaska Pipeline System ("TAPS") and four miles from the Pipeline State #1 well, drilled in 1988 by ARCO, and which confirmed the presence of movable hydrocarbons in the objective horizons. The close proximity to pipeline and transportation infrastructure offers Pantheon a number of material advantages over other Alaska North Slope projects, including lower capex costs and shorter project development timelines.
Is New 90 Day High Low • Jan 11New 90-day high: €0.47The company is up 5.0% from its price of €0.44 on 13 October 2020. The German market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 34% over the same period.
お知らせ • Nov 27Pantheon Resources plc Announces Execution of Rig Contract with Nordic Calista Services to Drill the Talitha #A Well on the Company's Talitha Unit, with Operations Expected to Commence in January 2021Pantheon Resources plc announced the execution of a rig contract with Nordic Calista Services (a wholly owned subsidiary of Calista Corporation), to drill the Talitha #A well on the company's Talitha Unit, with operations expected to commence in January 2021. The Talitha #A well will target four independent reservoirs in three separate trapping sequences which the Company estimates has the potential to contain in the region of a billion barrels of recoverable oil, although ongoing work is required to formally delineate the ultimate potential of the lower targets. The Talitha Unit lies adjacent to the Dalton Highway and Trans Alaska Pipeline with the major infrastructure servicing the North Slope of Alaska, offering significant financial and operational advantages in the event of a commercial discovery. The contract secures the use of Rig #3 for the upcoming Talitha #A well, which is the same rig which successfully drilled the Winx #1 and Charlie #1 wells for another operator on the Alaska North Slope in the last two winter seasons. Nordic Calista is a specialist in working in the harsh environmental environment unique to Arctic oilfields. Founded in 1972, Calista Corporation (Calista) is one of the largest of the 13 regional corporations formed under the Alaska Native Claims Settlement Act (ANCSA) of 1971.
お知らせ • Nov 06Pantheon Submits First Plan of Exploration Outlining Its Proposed Activities in Relation to the UnitPantheon Resources plc announced one of its 100% owned group company's application to form the Alkaid Unit (which encompasses 22,804 acres) has been formally approved by State of Alaska, Department of Natural Resources ("DNR"). As part of the now granted unit application, Pantheon submitted a First Plan of Exploration ("POE") outlining its proposed activities in relation to the unit. These include a commitment to the reprocessing of approximately 50 Square miles of 3D seismic as well as engagement of 3rd party specialists to produce an engineering study on a conceptual 'hot-tap' into the Trans Alaska Pipeline System ("TAPS"). There are no firm drilling commitments, however the POE proposes the drilling of two wells from gravel pads located adjacent to the Dalton Highway to allow year round activity. Under the POE, drilling and long-term production testing on the first of these wells, the Alkaid #2 well, is targeted for Spring/Summer 2021. Dependent upon the results of Alkaid#2, the POE anticipates the drilling and testing of the Alkaid#3 well to commence in 2022.
Is New 90 Day High Low • Oct 12New 90-day high: €0.51The company is up 197% from its price of €0.17 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 43% over the same period.
Is New 90 Day High Low • Sep 26New 90-day high: €0.40The company is up 173% from its price of €0.15 on 26 June 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 62% over the same period.
