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An update from Pantheon Resources ( (GB:PANR) ) is now available.
Pantheon Resources has announced the posting of its hard copy Annual Report and Accounts for the year ending June 30, 2024, along with the Notice of its Annual General Meeting (AGM) scheduled for March 12, 2025. This year’s AGM is delayed to incorporate a resolution for appointing Grant Thornton as the company’s auditor, aligning with Pantheon’s strategy for a US stock market listing. This strategic move is expected to bolster Pantheon’s financial footing and market presence, potentially impacting its stakeholders by streamlining operations and enhancing its competitiveness in the oil and gas sector.
More about Pantheon Resources
Pantheon Resources plc is an AIM-listed oil and gas company focused on developing its wholly-owned Ahpun and Kodiak fields on Alaska’s North Slope. The company boasts independently certified best estimate contingent recoverable resources of approximately 1.6 billion barrels of ANS crude and 6.6 trillion cubic feet of associated natural gas. Pantheon’s strategic objective is to achieve sustainable market recognition of $5-$10 per barrel of recoverable resources by 2028, leveraging its proximity to infrastructure for cost-effective development.
YTD Price Performance: 92.35%
Average Trading Volume: 7,021,827
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £658.6M
For detailed information about PANR stock, go to TipRanks’ Stock Analysis page.
