Pantheon Resources (GB:PANR) has released an update.
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Pantheon Resources is making strides in Alaska’s energy sector with the Alaska Gasline Development Corporation’s recent support for the FEED funding of the Alaska LNG Phase 1 pipeline. This development is crucial for securing private investment and moving towards a Final Investment Decision, potentially enabling Pantheon to fund its Ahpun oil field project until it achieves cash-flow self-sufficiency. The strategic location of Pantheon’s assets offers a competitive edge with reduced development times and costs.
For further insights into GB:PANR stock, check out TipRanks’ Stock Analysis page.