Pantheon Resources announced that it has successfully drilled and cased the horizontal section of the Alkaid #2 well, with the lateral section extending 5,300 feet – just over a mile long (1.6km). The company stated that its logging while drilling tools and gas chromatography of the circulating drilling fluid both indicated that reservoir parameters were significantly better than had been assumed in the estimated pre-drill 76.5m barrel 2C recoverable resource estimate. The drilling rig will now ....
18 Aug 2022
WH Ireland: Pantheon Resources (PANR) - Drilling successfully completed at Alkaid #2
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WH Ireland: Pantheon Resources (PANR) - Drilling successfully completed at Alkaid #2
Pantheon Resources plc (PANR:LON) | 32.4 0 0.5% | Mkt Cap: 305.9m
- Published:
18 Aug 2022 -
Author:
Brendan Long -
Pages:
4
Pantheon Resources announced that it has successfully drilled and cased the horizontal section of the Alkaid #2 well, with the lateral section extending 5,300 feet – just over a mile long (1.6km). The company stated that its logging while drilling tools and gas chromatography of the circulating drilling fluid both indicated that reservoir parameters were significantly better than had been assumed in the estimated pre-drill 76.5m barrel 2C recoverable resource estimate. The drilling rig will now ....