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PTHRF / Pantheon Resources says Alkaid well results support case for commercial development

Pantheon Resources says Alkaid well results support case for commercial development
Pantheon Resources PLC (AIM:PANR, OTC:PTHRF) told investors that the Alkaid-2 well, which has returned to test production, supports the case for a commercial development of the project. The well has now been in production since  21 February under test conditions has been yielding some 505 barrels of oil per day of liquid hydrocarbons (180 barrels oil, 325 barrels condensate and natural gas liquids) plus 2.3mln cubic feet per day of gas. Read More
Posted: Mar 6 2023, 03:06
Author Name: Proactive Investors
Views: 110778

PTHRF News  

Pantheon Resources to advance into field development as latest test validate new frac design

By Proactive Investors
October 19, 2023

Pantheon Resources to advance into field development as latest test validate new frac design

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) chief executive Jay Cheatham highlighted that the company's three core objectives were successfully ach more_horizontal

Pantheon Resources kicks off well re-entry project in Alaska

By Proactive Investors
September 27, 2023

Pantheon Resources kicks off well re-entry project in Alaska

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) told investors it has now begun operations for its project to re-enter the Alkaid-2 well, with the expl more_horizontal

Pantheon Resources raises funds for bond payment

By Proactive Investors
September 7, 2023

Pantheon Resources raises funds for bond payment

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has announced a private share placing which will see the exploration company raise sufficient funds to more_horizontal

Pantheon Resources rallies on Alaska resource report

By Proactive Investors
August 29, 2023

Pantheon Resources rallies on Alaska resource report

Pantheon Resources rallied as the Alaska-focused oil explorer hailed a report by independent consultant NSAI as validation of the huge amounts of oil more_horizontal

Pantheon Resources hails 'big deal' as independent report suggests huge Alaska field

By Proactive Investors
August 29, 2023

Pantheon Resources hails 'big deal' as independent report suggests huge Alaska field

Pantheon Resources said an independent report has estimated almost one billion barrels of oil at its Kodiak project, formerly known as Theta West, in more_horizontal

Pantheon Resources eyes new third-party resource estimate in August

By Proactive Investors
July 28, 2023

Pantheon Resources eyes new third-party resource estimate in August

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) told investors it is expecting its first ‘independent expert report' from consultant Netherland, Sewe more_horizontal

Pantheon Resources appoints Stanford University scientist as an independent non-executive director

By Proactive Investors
July 3, 2023

Pantheon Resources appoints Stanford University scientist as an independent non-executive director

Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) has announced the appointment of Allegra Hosford Scheirer, a scientist at Stanford University in Calif more_horizontal


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