Jan. 26 at 3:28 PM
$PTHRF If they secure a farm‑out, it will almost certainly be with a company that already has, North Slope operating experience, capital strength, appetite for unconventional or large‑scale development, existing infrastructure or midstream access.
Hilcorp, Santos, and EOG each fit that profile, Ahpun/Kodiak sit near Hilcorp‑operated infrastructure, reducing development cost. Hilcorp has a history of acquiring/ partnering on under‑appraised assets and turning them into cash‑flow machines.
Pantheon’s reservoirs are shallow, low‑cost, and infrastructure‑adjacent — Hilcorp’s sweet spot. Hilcorp is the largest private oil company in the U.S. and the dominant operator on Alaska’s North Slope. They already operate Prudhoe Bay and other major North Slope assets. They own /operate key infrastructure (pipelines, facilities, processing plants). Specialize in cost‑efficient drilling/squeezing value from complex reservoirs. reputation for fast, low‑cost execution — exactly what Pantheon needs.