Investegate |Pantheon Resources Announcements | Pantheon Resources: Final Results for the Year Ended 30 June 2022
Investegate announcements from Pantheon Resources, Final Results for the Year Ended 30 June 2022
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Investegate announcements from Pantheon Resources, Final Results for the Year Ended 30 June 2022
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.