Pantheon Resources said a gas processing facility in Polk County, Texas has been successfully commissioned and first gas sales have already commenced.
The facility will now be optimized and production will be ramped up progressively over the next few weeks, the company said.
A further update will be provided over the next 30-40 days, once operations have bedded in and production volumes have been optimized. The company expects to receive first production revenues in late December or early January.
At 8:14am: (LON:PANR) Pantheon Resources PLC share price was +2.25p at 63.25p