Pantheon Resources Plc (PTHRF)
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Pantheon Resources raises $29mln in upsized and oversubscribed share placing
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has raised $29 million in what the explorer called a “heavily oversubscribed” equity funding, that promises to advance its assets in Alaska. High demand for shares saw the company increase the size of the funding round to $29 million, after asking initially for a minimum of $18.5 million.
Pantheon Resources raises $3.36mln of new capital, updates on longer term funding plans
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) told investors it has elected to make its quarterly bond payment, including interest, of $2.72 million using equity - through the issue 7.47 million new shares priced at $0.364 each. The company, also, said it has raised $3.36 million of new capital, through a private placing to existing long-term shareholders.
Pantheon Resources consultant determines Ahpun ‘topsets' can be developed economically
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has today revealed an expert opinion that determines the Ahpun ‘topsets' resource, on the west side of the Dalton highway, can be economically developed. The Alaska-focused oil and gas company, in a statement, announced the results of an initial resource estimate for the western topset horizons in the Ahpun oil and gas field.
Pantheon Resources strikes Alaska pipeline agreement with AGDC
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has announced it has entered into a gas sales precedent agreement (GSPA) with a subsidiary of the Alaska Gasline Development Corporation (AGDC). The GSPA envisages that Pantheon will supply up to 500 million cubic feet per day of natural gas at a base price of $1 per million BTU.
