Pantheon Resources PLC Announces Update - Investor Webinar Rescheduling

Core Viewpoint - Pantheon Resources plc is focused on developing its oil and gas fields in Alaska, with a significant webinar scheduled for December 22, 2025, to engage with shareholders and discuss company developments [1][2]. Company Overview - Pantheon Resources plc is an AIM listed oil and gas company that owns 100% of the Ahpun and Kodiak fields located on the North Slope of Alaska, covering approximately 259,000 acres [4]. - The company has independently certified contingent recoverable resources estimated at approximately 1.6 billion barrels of ANS crude and 6.6 trillion cubic feet (Tcf) of associated natural gas [4]. Development Objectives - Pantheon aims to achieve a market recognition value of around $5 per barrel of recoverable resources by the end of 2028, contingent on advancing the Ahpun field to Final Investment Decision (FID) and commencing production into the Trans-Alaska Pipeline System (TAPS) [5]. - The company has signed a Gas Sales Precedent Agreement with AGDC, which could facilitate the production of natural gas into a proposed 807-mile pipeline from the North Slope to Southcentral Alaska by 2029 [5]. Competitive Advantages - The proximity of Pantheon’s projects to existing roads and pipelines provides a competitive edge, allowing for shorter development timelines and lower infrastructure costs compared to typical projects in Alaska [6]. - The low CO2 content of the associated gas enables export without significant pre-treatment, further enhancing the project's viability [6]. Resource Estimates - The Kodiak project has a 2C contingent recoverable resource estimate of 1,208 million barrels (mmbbl) of ANS crude and 5,396 billion cubic feet (bcf) of natural gas, as per Netherland, Sewell & Associates [7]. - Cawley Gillespie & Associates estimate the Ahpun project's western topset horizons to have 282 mmbbl of ANS crude and 803 bcf of natural gas [7]. - Lee Keeling & Associates have estimated possible reserves and 2C contingent recoverable resources of 79 mmbbl of ANS crude and 424 bcf of natural gas [7].