Pantheon Resources announced that the Alkaid #2 well reached a total depth of 8,950 feet (MD). Most importantly the company indicated that:
The well penetrated 272 feet of oil bearing reservoir in the Shelf-Margin Deltaic-B structure – thicker than expected – and the reservoir quality was better than expected, according to the company.
29 Jul 2022
WH Ireland: Pantheon Resources (PANR) - Alkaid #2 Significant Operational Update
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WH Ireland: Pantheon Resources (PANR) - Alkaid #2 Significant Operational Update
Pantheon Resources plc (PANR:LON) | 32.7 -0.1 (-1.4%) | Mkt Cap: 309.0m
- Published:
29 Jul 2022 -
Author:
Brendan Long -
Pages:
4
Pantheon Resources announced that the Alkaid #2 well reached a total depth of 8,950 feet (MD). Most importantly the company indicated that:
The well penetrated 272 feet of oil bearing reservoir in the Shelf-Margin Deltaic-B structure – thicker than expected – and the reservoir quality was better than expected, according to the company.