Pantheon Resources Plc releases an update

  • The company has received a resource statement from Lee Keeling & Associates, Inc on its Greater Alkaid Project. The report confirms a potential resource of 76.5 million barrels of recoverable oil
  • Field peak flow rate 30,000 Barrels of oil per day
  • Individual well estimated ultimate recovery of 2.25 MMBO per well for 24 wells
  • The stock remains suspended from trading.