PTHRF
Pantheon Resources Plc·Energy
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Pantheon Resources Plc·Energy
LONDON, UK / ACCESS Newswire / April 13, 2026 / Pantheon Resources plc ("Pantheon" or the "Company"), the oil and gas company developing the Kodiak and Ahpun projects on Alaska's North Slope, announces the annual granting of restricted stock units ("RSUs") pursuant to Pantheon's Employee Stock Ownership Plan ("ESOP"), as announced in 2024 and 2025. Grant of RSUs In October 2024, Pantheon announced details of its replacement ESOP ("2024 ESOP") for all employees and a Long-Term Incentive Plan ("LTIP") for Executive Directors and certain officers of the Company.
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Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF), the oil and gas specialist company focused on Alaska's North Slope, is in advanced discussions with multiple...
Result of AGM LONDON, UK / ACCESS Newswire / March 31, 2026 / Pantheon Resources plc (AIM:PANR)(OTCQX:PTHRF) ("Pantheon" or "the Company"), the oil and gas company with a 100% working interest in the Kodiak and Ahpun projects on Alaska's North Slope, announces its unaudited interim results for the six months ended 31 December 2025 (the "Period"), together with operational highlights for the Period and post-Period, and results from the Company's AGM held on 12 March 2026. Operational and Corporate Highlights Repositioning of Company strategy, recognising Kodiak as the cornerstone of the portfolio and the key driver of shareholder value Actively pursuing farm-in opportunities with good early progress on partnering discussions, with multiple major energy companies actively evaluating the assets in the data room Commissioned re-processing of 3D seismic data on the updip northwest section of Kodiak Continued progress on development planning for both Kodiak and Ahpun projects Dubhe-1 drilled and tested, confirming the presence of movable hydrocarbons, prior to being shut-in for pressure build-up and other analysis, and re-start of testing pending the outcome of partnering discussions Strengthened management team with key executive appointments Restructuring of Board of Directors - Appointment of Michael Spencer as Non-Executive Chairman and Marty Rutherford and David Wilkins as Independent Non-Executive Directors, bringing decades of corporate, Alaskan regulatory and Alaskan operational experience, following the retirement of previous Board members Initiated a comprehensive cost reduction programme, including streamlining the organisation, suspending US listing activities and reviewing all contracts to minimise expenditure while maintaining the asset base Financial Highlights After tax loss for the period of $9 million (2024: $6.9 million loss) Cash on hand on 31 December 2025: $24.5 million (2024: $17.3 million) and cash on hand on 27 March 2026: $15.1 million General and Administrative (G&A) expenses of $5.9 million (2024: $4.6 million) Fully repaid the principal outstanding on the Heights convertible bonds of $9.8 million during the Period Redeemed $6.5 million of SHK convertible bonds during the Period, reducing principal outstanding from $35 million to $28.5 million Raised $46.25 million in equity during the Period, to support execution of the Dubhe-1 work programme and to meet ongoing corporate and administrative requirements Post-Period, raised $10 million of new capital to support near-term appraisal activities across the Kodiak and Ahpun projects and for general working capital Outlook Near-term focus on securing one or more strategic partners to help unlock the value of the resource base Result of AGM The Company advises that at its AGM held on 12 March 2026, all resolutions put to shareholders were duly passed.
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF), the oil and gas specialist company focused on Alaska's North Slope, is in advanced discussions with multiple major energy companies over a potential farm-in partnership as it seeks to convert its certified resource base into commercial production. In its interim results statement, the company said interest in Alaska is at its strongest level in recent years, with several major operators actively evaluating its Kodiak and Ahpun projects through a data room process.
Pantheon Resources Plc (PTHRF) Discusses Post-AGM Investor Q&A Covering Vision, Investor Relations, and Funding Needs Transcript
