Pantheon Resources announced that it has commenced drilling the Theta West #1 well, which has now drilled to a depth of 1,874 feet – target depth is circa 9,200 feet. The well is targeting i) the Upper Basin Floor Fan and ii) the Lower Basin floor fan, both of which are referred to as Theta West. Theta West has a combined best estimate success-case recoverable resource of 1.4 billion barrels of oil.
24 Jan 2022
WH Ireland: Pantheon Resources (PANR) - Spudding of Theta West #1 and Operations Update
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WH Ireland: Pantheon Resources (PANR) - Spudding of Theta West #1 and Operations Update
Pantheon Resources plc (PANR:LON) | 32.4 0 0.5% | Mkt Cap: 305.9m
- Published:
24 Jan 2022 -
Author:
Brendan Long -
Pages:
4
Pantheon Resources announced that it has commenced drilling the Theta West #1 well, which has now drilled to a depth of 1,874 feet – target depth is circa 9,200 feet. The well is targeting i) the Upper Basin Floor Fan and ii) the Lower Basin floor fan, both of which are referred to as Theta West. Theta West has a combined best estimate success-case recoverable resource of 1.4 billion barrels of oil.