The Talitha #A well has successfully reached target depth at 10,452 feet. The well has been logged and sidewall cores have been taken. The preliminary analysis is encouraging albeit the company cautions that production testing will be required to prove commerciality. The company indicated its plan is to production test the Shelf Margin Deltaic, Basin Floor Fan (two separate zones) and the Kuparuk zones. We retain our 89p fair value estimate.
15 Feb 2021
WHI Company Comment: Pantheon Resources (PANR) - Talitha #A Well Operations Update
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
WHI Company Comment: Pantheon Resources (PANR) - Talitha #A Well Operations Update
Pantheon Resources plc (PANR:LON) | 26.8 0 0.0% | Mkt Cap: 253.5m
- Published:
15 Feb 2021 -
Author:
Brendan Long -
Pages:
5
The Talitha #A well has successfully reached target depth at 10,452 feet. The well has been logged and sidewall cores have been taken. The preliminary analysis is encouraging albeit the company cautions that production testing will be required to prove commerciality. The company indicated its plan is to production test the Shelf Margin Deltaic, Basin Floor Fan (two separate zones) and the Kuparuk zones. We retain our 89p fair value estimate.