Pantheon announced that is has contracted a rig to drill the Talitha well and that drilling operations are expected to commence in January 2021. The well will target four independent reservoirs, in three separate trapping sequences, which the company estimates has the potential to contain in the region of a billion barrels of recoverable oil, although ongoing work is required to formally delineate the full potential of the targets.
25 Nov 2020
WHI First Light: Pantheon Resources (PANR) - Rig Contracted to Drill Talitha Well


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WHI First Light: Pantheon Resources (PANR) - Rig Contracted to Drill Talitha Well
Pantheon Resources plc (PANR:LON) | 43.2 -0.9 (-4.9%) | Mkt Cap: 293.0m
- Published:
25 Nov 2020 -
Author:
Brendan Long -
Pages:
4 -
Pantheon announced that is has contracted a rig to drill the Talitha well and that drilling operations are expected to commence in January 2021. The well will target four independent reservoirs, in three separate trapping sequences, which the company estimates has the potential to contain in the region of a billion barrels of recoverable oil, although ongoing work is required to formally delineate the full potential of the targets.