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Pantheon Resources PLC - Oil and gas company focused on developing the Ahpun and Kodiak fields, onshore US - Loss narrows to $1.3 million in the financial year ended June 30 from $16.0 million a year prior. Reports revenue of $803,689 compared to none a year ago. Administrative expenses narrow 48% to $3.9 million from $7.4 million. Looking ahead, Chief Executive Officer Jay Cheatham says: ‘We remain laser focused on pursuing our goals for final investment decision on Ahpun by end 2025 and final investment decision on Kodiak by end 2028 and to achieve sustainable market recognition of $5 to $10 per barrel of 1P/1C recoverable resources.’ Current stock price: 22.66 pence, down 0.7% on Tuesday afternoon in London 12-month change: down 73% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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