7th Jul 2022 19:31
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Commences operations on the Alkaid oil accumulation with the spudding of horizontal well Alkaid-2, using the Nabors 105AC drill rig. The well has three main objectives: production testing a proven oil formation first found in Alkaid 1, exploring the deeper potential for oil in that zone and appraising an extension of oil discovered in the Shelf Margin Deltaic at Alkaid-1 and Talitha-1. Read More