Pantheon Resources: Update

108478-8b22f9f8b43250b69e8b66958e69191c

Pantheon Resources plc Notice of Interim Results and Operational Update Pantheon Resources plc (“Pantheon” or “the Company”), the AIM-quoted oil and gas exploration company with a working interest of 50%-58% in several conventional projects in Tyler and Polk Counties, onshore East Texas, is pleased to provide the following information:

Clarification on publication date of interim results Pantheon notes the guidance published on the London Stock Exchange website which detailed an expected date of publication of the Company’s interim results of 14 March 2017. Pantheon confirms that this is incorrect and its interim results for the 6 month period ended 31 December 2016 will be published on 31 March 2017.

Update on operations Pantheon advises that preparation works for the commencement of flow testing operations on the VOBM#2H and VOBM#4 wells have taken considerably longer than expected, however it is anticipated that flow testing operations should commence on both wells within the next fortnight. The Company will announce the results of each flow test individually upon the completion of each respective flow testing operation

Advertisements
Standard

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s