Pantheon has announced the positive initial result of its Dubhe-1 appraisal well. This found a thicker than expected reservoir section in the primary Ahpun West (SMD-B topset) formation, alongside oil pay in additional exploration targets. The horizontal flow test in the SMD-B topset is now upcoming.

18 Aug 2025
Pantheon Resources (PANR LN) - Dubhe-1 positive initial well result - Corporate

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Pantheon Resources (PANR LN) - Dubhe-1 positive initial well result - Corporate
Pantheon Resources plc (PANR:LON) | 31.8 0.1 1.4% | Mkt Cap: 393.6m
- Published:
18 Aug 2025 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Pantheon has announced the positive initial result of its Dubhe-1 appraisal well. This found a thicker than expected reservoir section in the primary Ahpun West (SMD-B topset) formation, alongside oil pay in additional exploration targets. The horizontal flow test in the SMD-B topset is now upcoming.