Pantheon Resources Update on Interim Results of Alkaid #2 Horizontal Well
“Pantheon Resources (AIM: PANR) is an oil and gas company with a portfolio of high impact projects located on the Alaska North Slope. The Company will be hosting a shareholder presentation and Q&A session to provide an update on the interim results of the Alkaid #2 well.
Pantheon has a 100% working interest in three exploration, appraisal and development projects spanning c.153,000 acres. The Company estimates these three projects, (i) Theta West, (ii) Talitha and (iii) Greater Alkaid, to collectively contain c.22 billion barrels of oil in place and over 2.2 billion barrels of recoverable resource. In December 2022, Schlumberger Limited estimated these projects to contain 17.8 billion barrels of oil in place. All projects are located immediately adjacent to the Trans Alaska Pipeline System and the Dalton Highway, the major transportation artery for the Alaska North Slope.”
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