Business
Production Update - Oct 2007
Production Update - Oct 2007.
About this update from Pantheon Resources Plc
[{"type":"text","content":"\n Pantheon Resources PLC\n15 November 2007\n\n\nProduction Update - October 2007\n\n15/11/2007\n\n\nPantheon Resources plc, ('Pantheon' or the 'Company'), the AIM-listed oil and gas exploration company active in\nthe Gulf of Mexico, is pleased to announce that the Company's combined production, on a working interest basis,\naveraged 1220 thousand cubic feet a day (' mcfd ') plus 6 barrels oil per day ('bopd') in October 2007. This\ncompares with 875 mcfd in September 2007.\n\n\nPantheon's historic monthly production is provided in Table 1.\n\n\nTable 1 : Monthly Net Production on Working Interest Basis (mcfd)\n\n\n Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec\n\n2006 2 34 28 35\n\n2007 42 95 108 80 61 81 106 97 875 1220\n\n\nPantheon's production numbers include the two newest discoveries; Dunn Deep #2 and Wilson, in addition to existing\noutput from Pantheon's four fields in its Project Wharton venture; Baptist, Caddo, Mohawk and Zebu.\n\n\nIn accordance with the AIM Rules, the information in this report has been reviewed and signed off by Mr Robert\nRosenthal, (BSc Geology, MSc Geology), Technical Director at Pantheon Resources Plc, who has over 30 years\nrelevant experience within the sector.\n\n\nFurther Information:\n\nPantheon Resources Plc\n\nSue Graham, Chairman +442073790118\n\nOriel Securities Limited\n\nScott Richardson Brown +442077107600\n\nMedia Enquiries\n\nCapital MS&L\n\nSteffan Williams / Peter Curtain / Jennifer Martin +442073075330\n\[email protected]\n\n\n\nNotes to editors:\n\nPantheon Resources plc\n\nPantheon Resources plc was formed in 2005 to be an independent gas exploration company focused on hydrocarbon\nproducing basins onshore or near shore the Gulf of Mexico. On 5 April 2006, Pantheon was admitted to the AIM,\nhaving successfully raised £10m from a mix of quality institutional and private investors\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange \n ","length":2317,"tagName":"div"}]