Company
Pantheon Resources PLC
LON:PANR
Pantheon Resources is an independent oil and gas company, headquartered in Houston, focused on developing the Kodiak and Ahpun fields, a portfolio of high-impact oil projects on the Alaska North Slope (ANS), spanning a 100% working interest across 258,000 acres. Independently certified best estimate contingent recoverable resources currently total c. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas across the company’s properties. All acreage is on state lands with supporting regulatory authorities and no federal land use approval required (aside from Army Corps. Of Engineers).
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Pantheon Resources sees Alkaid-2 production ‘near expectations’ despite clean-up constraints
Chief executive Jay Cheatham described the results so far as "very encouraging" whilst cautioning that it is still too early to make a definitive assessment of the well.
Pantheon Resources adds more acreage on Alaska's North Slope
Another 40,000 acres have been acquired next to its existing leases
Pantheon Resources says Alaska well showing “promising indications” of reservoir performance
The results to date were described as “greatly encouraging” ahead of further clean up and formal production testing
Pantheon Resources tipped for significant further upside as stockbroker looks ahead to well testing
“We remind investors that our pre-drill fair value estimate for Pantheon was 208p," WH Ireland said.
Pantheon Resources completes stimulation program at Alkaid #2
"This is the second of two very important milestones for Pantheon this year," said CEO Jay Cheatham
Pantheon Resources qualifies to trade on US OTCQX Best Market
Trading will enhance the visibility and accessibility of the company to US investors, while its ordinary shares will continue to trade on London’s Alternative Investment Market
Pantheon Resources on schedule for Alkaid-2 flow test in October
Production facilities, which are currently en route to the North Slope, have also been upgraded
Pantheon Resources Alaska discovery 'world class', according to independent oil consultants
Baker Hughes Advanced Hydrocarbon Stratigraphy was brought in to assess the results from a well on the Theta West acreage sunk earlier this year
What does Pantheon have on its hands in Alaska?
The next step would be to prepare for multi-stage stimulation and flow testing
Pantheon Resources set for Alkaid-2 flow test after drilling hits target 'without incident'
"The quality of data received from the well has been extremely high," the oil and gas exploration and production company said
Pantheon Resources says Alkaid-2 well exceeds expectations
“If we achieve a positive flow test on the horizontal section of this well, it will have major positive implications for our company," chief executive Jay Cheatham said
New Alaska oil well boosts interest in Pantheon Resources and 88 Energy
Success in the latest well, Pantheon's first horizontal, could propel the London-listed explorer to the next level.
Pantheon Resources spuds Alkaid-2 well on Alaska North Slope
“The long-term production test through the horizontal section will define the resource and aid the understanding and future development potential of Alkaid," said Jay Cheatham, Pantheon’s CEO
Pantheon Resources "elephants" have broker excited
The lower basin floor fan of the Theta West structure is the "giant elephant" but the broker also has high hopes for the Alkaid#2 appraisal well, aka the "baby elephant".
Pantheon Resources hires rig to drill next well in July
After recent successes it will be a hotly anticipated programme among investors
Pantheon Resources new estimate shows giant oil discovery in Alaska
"This season has been a great one for Pantheon resulting in material resource upgrades,” said technical director Bob Rosenthal
Hit or bust exploration is back in 2022
Soaring oil prices has put a brighter spotlight on some exploration ventures.
Pantheon Resources celebrates ‘great achievement’ in Alaska
"We achieved what we set out to do - namely to confirm the presence and movability of oil in our targeted horizons," Jay Cheatham said.