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Resource Upgrade - Basin Floor Fan Pantheon Resources, the AIM-quoted oil and gas exploration Company with a 100% working interest in projects spanning c.160,000 acres, covered by 1,000 square miles of 3D seismic, conveniently located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to provide the following resource upgrade on its Basin Floor Fan Complex, which spans both the Theta West project and Talitha Unit. Highlights · Company P50 estimate of 12.1 billion barrels ( BBL ) of oil in place ( OIP ) and of 1.41 billion barrels of Recoverable oil in the Basin Floor Fan Complex, consisting of 11.0 billion barrels OIP and 1.20 billion barrels recoverable in the Lower Basin Floor Fan and 1.10 billion barrels OIP and 0.21 billion barrels recoverable in the Upper Basin Floor Fan ....
Providing coverage of Alaska and northern Canada s oil and gas industry Dogged pursuit Kay Cashman Petroleum News Recent releases of information from Pantheon Resources plc offered encouraging results on the Talitha A exploration/appraisal well drilled by affiliate Great Bear Pantheon on Alaskas central North Slope, despite the fact well testing was interrupted by operational challenges resulting in the well being suspended until next winter when testing can be completed. Reaching a total depth of 10,456 feet, the well encountered five stacked oil-bearing reservoir zones over a 3,700-foot interval which management believes has validated its earlier assertion of over 1 billion barrels recoverable oil potential from this multi-billion barrel oil in place play at Talitha, Pantheon said in its April 19 operational update. ....
Pantheon Resources : Interim Report (Unaudited) for the Sixth Months Ended 31/12/20 marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.