Pantheon Resources Plc Fully Acquires The Alkaid/Phecda Project

  • Oct 17, 2019 BST
  • Team Kalkine
  • Pantheon Resources Plc (PANR) has fully acquired the Alkaid/Phecda project.
  • The company executed a contractual agreement with Halliburton who was having 25 per cent working interest in the six leases jointly held with company on the North Slope of Alaska.
  • Pantheon increased its working interest in the 22,804 acres to 100 per cent from earlier held 75 per cent. The company also holds 92 per cent working interest in two additional adjacent leases.
  • On 17th October 2019, at the time of writing, GMT 12:04 PM, PANR shares were trading at GBX 17.74, up by 0.74 points or 4.35 per cent against the previous day closing price.

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