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Production Update - May 2007

Production Update - May 2007.

articlePantheon Resources PlcJune 8, 20075/company/pantheon-resources-plc/news/production-update-may-2007
Production Update - May 2007

About this update from Pantheon Resources Plc

[{"type":"text","content":"\n Pantheon Resources PLC\n08 June 2007\n\nJune 8, 2007\n\nPANTHEON RESOURCES PLC\n\nProduction Update-April 2007\n\nThe Board of Pantheon Resources ('Pantheon') announces that the company's\ncombined production on a working interest basis averaged 61.3 thousand cubic\nfeet a day ('mcfd') in May 2007.\n\nPantheon's historic monthly production is provided in Table 1.\n\nTable 1: Monthly Net Production on Working Interest Basis (mcfd)\n\n Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec\n2006 2.1 33.5 28.3 35.1\n2007 42.1 113.1 107.5 79.6 61.3\n\n Pantheon now has three producing fields in the Project Wharton area. This\nshould be augmented shortly by a fourth with the Baptist discovery. The Company\nhas at least a further 13 prospects on its Project Wharton venture remaining to\nbe drilled. The historic high exploration success rate gives confidence for\nfurther growth.\n\nThe Board of Pantheon also notifies the market that its website,\nwww.pantheonresources.com, complies with Rule 26 of the AIM Rules for Companies.\n\nIn accordance with the AIM Rules, the information in this report has been\nreviewed and signed off by Mr Robert Rosenthal, (BSc Geology, MSc Geology),\nTechnical Director at Pantheon Resources Plc, who has over 30 years relevant\nexperience within the sector.\n\nContacts:\n\nPantheon Resources Plc\nSue Graham, Chairman +44 20 7379 0118\n\nOriel Securities Limited\nScott Richardson Brown +44 20 7710 7600\n\n\n\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":1803,"tagName":"div"}]

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