UK 14:08 Wednesday, 7 October 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Pantheon Resources (PANR) has been AIM’s success story of the autumn, but the market’s reaction to this morning’s reaction looks overblown. The VOS#1 well, in which the company holds a 50% stake, has encountered natural gas and oil in an unexpected zone at 12,600ft. On the face of it this is good news, but there are some cautionary warnings that investors should not get too excited just yet. Despite these the market has reacted joyously and Pantheon’s share price is up 16.2% at 86p last seen.
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Comments
BobbyChariot
Worth twice as much as BLVN apparently.
:DStriebs
BobbyChariot ,
I used to be a Bowleven shareholder .
Came to the conclusion that they a director lifestyle company and that nobody needs them in their portfolio – regardless of how many hundred million barrels of liquids they are sitting on .
Pantheon seem to have got some very good acreage but for a junior there is not a lot of margin for error with such deep expensive light tight oil wells .