Pantheon Resources has this morning announced that the better than expected well-logs from the Kuparuk formation warranted a change in plan for the testing of that formation, namely, from an open hole test to a more rigorous cased hole test (with a 4 ½ inch liner). However, due to equipment failures and technical issues, the formation started to become damaged in its current location and as such it was not possible to set the casing string (4 ½ inch liner). Accordingly, the company has made the ....
02 Mar 2021
WHI First Light: Pantheon Resources (PANR) - Operational Update
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WHI First Light: Pantheon Resources (PANR) - Operational Update
Pantheon Resources plc (PANR:LON) | 32.7 0 0.0% | Mkt Cap: 309.0m
- Published:
02 Mar 2021 -
Author:
Brendan Long -
Pages:
4
Pantheon Resources has this morning announced that the better than expected well-logs from the Kuparuk formation warranted a change in plan for the testing of that formation, namely, from an open hole test to a more rigorous cased hole test (with a 4 ½ inch liner). However, due to equipment failures and technical issues, the formation started to become damaged in its current location and as such it was not possible to set the casing string (4 ½ inch liner). Accordingly, the company has made the ....