Investegate | Company Announcement
Investegate announcements from Strategy Update
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Investegate announcements from Strategy Update
Pantheon Resources has reached the total depth at Alkaid #2 well, hitting multiple oil-bearing reservoirs.
The Company is now preparing to move up the wellbore for drilling of the horizontal section in the Alkaid Anomaly (primary objective), before casing, stimulating and ultimately flow testing the well.
Pantheon Resources has provided an update on the Alkaid-2 well, the Company's first horizontal well on the Alaska North Slope. The primary function of Alkaid-2 is to conduct a long term production test on the oil zone previously tested at Alkaid-1.
Pantheon Resources has completed the flow testing at the Talitha #A well on the Alaska North Slope.