Pantheon Resources says that discussions between Vision Gas Resources LLC (Vision) and interested parties in respect of the restructuring of the Tyler County Joint Venture (JV) continue.
A further announcement will be made when the restructuring has been successfully concluded, following which Vision intends to commit to a suitable rig and then drill the KFH#1 well.
Pantheon's 25% working interest in the Tyler County JV will not be affected by the restructuring.
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