– UK, London – Pantheon Resources plc (LON: PANR), the oil and gas company, today announced the appointment of Dr. Allegra Hosford Scheirer (Ph.D.) to its Board as Non-Executive Director with immediate effect.
About Allegra Hosford Scheirer
Allegra Hosford Scheirer is an internationally recognized expert in petroleum system analysis, having deployed basin modeling, organic geochemistry, geophysical techniques, and machine learning to evaluate numerous oil and gas provinces worldwide, including the Alaska North Slope.
Allegra graduated with a Ph.D. in marine geology and geophysics from the Massachusetts Institute of Technology and subsequently worked with the Energy Resources Program at the U.S. Geological Survey. She has been a scientist at Stanford University for 15 years.
Allegra Hosford Scheirer said: “I am very familiar with the technical program being prosecuted by Pantheon, having previously worked closely with Great Bear Petroleum as an independent adviser and for the USGS. Pantheon has embarked on a strategy that promises to deliver value to shareholders over the coming months and years, and I am excited to have the opportunity to contribute to the successful governance and implementation of the program.”
About Pantheon Resources plc
Pantheon Resources plc is an AIM-listed Oil & Gas company focused on several large projects located on the North Slope of Alaska, the onshore USA where it has a 100% working interest in 193,000 highly prospective acres with potential for multi-billion barrels of oil recoverable. Pantheon’s stated objective is to deliver a sustainable market recognition of a value of $5-$10/bbl of recoverable resources by the end of 2028. This will involve targeting FID on the Ahpun field by the end of 2025, building production to 20,000 barrels per day of marketable liquids into the Trans Alaska Pipeline System main oil line through a hot tap, and applying the resultant cash flows to support the FID on the Kodiak field by the end of 2028.
A major differentiator to other ANS projects is the proximity to transport and pipeline infrastructure which offers a significant competitive advantage to Pantheon, allowing for materially lower capital costs and the ability to support the development with a significantly lower pre-cashflow funding requirement than is typical outside the US lower 48.
Source: http://www.pantheonresources.com/
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.
