Pantheon Resources announced that it has suspended testing of the SMD from the Talitha #A. A mechanical or chemical blockage in the well appears to have materialised. Operational difficulties have stemmed from extreme blizzard conditions in Alaska. Importantly, wire line and mud logs indicated that the SMD should have been one of the most productive zones of the well, underlining the company's assessment that the well has had a mechanical issue or chemical blockage.
04 Mar 2022
WH Ireland: Pantheon Resources (PANR) - Operational Update
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WH Ireland: Pantheon Resources (PANR) - Operational Update
Pantheon Resources plc (PANR:LON) | 27.1 0.1 1.3% | Mkt Cap: 362.8m
- Published:
04 Mar 2022 -
Author:
Brendan Long -
Pages:
4 -
Pantheon Resources announced that it has suspended testing of the SMD from the Talitha #A. A mechanical or chemical blockage in the well appears to have materialised. Operational difficulties have stemmed from extreme blizzard conditions in Alaska. Importantly, wire line and mud logs indicated that the SMD should have been one of the most productive zones of the well, underlining the company's assessment that the well has had a mechanical issue or chemical blockage.