Mar. 31 at 11:13 AM
$PTHRF Our priority now is to convert technical progress into commercial results. Cash on hand on 27 March 2026.
$15.1 million. Dubhe-1 drilled and tested, confirming the presence of movable hydrocarbons, prior to being shut-in for pressure build-up and other analysis, and re-start of testing pending the outcome of partnering discussions. Actively pursuing farm-in opportunities with good early progress on partnering discussions, with MULTIPLE major energy companies actively evaluating the assets in the data room. Fully repaid the principal outstanding on the convertible bonds of
$9.8 million during the Period. The Board engages with shareholders on an ongoing basis and is reflecting carefully upon feedback received. The Board will continue to actively engage with shareholders during the coming year. "Interest in Alaska is at its strongest level in recent years and we believe our portfolio is well positioned to benefit, given our 1.6 Billion barrels of certified 2C recoverable resource.