Pantheon Resources begins production testing and clean-up of Alkaid 2
(Alliance News) - Pantheon Resources PLC said production testing operations at Alkaid 2 horizontal well have begun, and the well is in the clean-up phase. Read More
(Alliance News) - Pantheon Resources PLC said production testing operations at Alkaid 2 horizontal well have begun, and the well is in the clean-up phase. Read More
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - On Monday says the completion and stimulation phase at Alkaid #2 well in Alaska has concluded ahead of flow testing. It will install production tubing prior to starting flow testing operations. Read More
(Alliance News) - Pantheon Resources PLC on Wednesday announced that it has qualified to trade on the OTCQX market. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More
(Pantheon Resources PLC corrects that it is the Alkaid #2 well where horizontal drilling operations have been completed.) Read More
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Receives a volatiles analysis service report for Theta West 1 from independent experts at Baker Hughes AHS. Says the report found that Theta West 1 has an ultimate non-permeable oil seal that occurs at 7,070 feet. Says oil is analysed in every cuttings sample, both sealed-at-well and lab-loaded. Read More
(Alliance News) - Pantheon Resources PLC on Thursday said it is preparing for stimulation and flow testing at one of its wells and is applying to trade on a platform in the US. Read More
(Alliance News) - The following is a round-up of earnings by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
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
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Elects to pay the quarterly principal repayment of USD2.5 million and interest payment of USD465,500 for its senior unsecured convertible bonds due 2026, leading to the issue of 2.8 million shares. Read More
Pantheon Resources PLC - London-based oil and gas company focused on Alaska - Executes contracts for a drill rig to drill the Alkaid-2 well, scheduled to spud in July. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
88 Energy Ltd - Australia-based oil explorer in US state of Alaska - Says the completed third party preliminary mapping of the Shelf Margin Delta play, where its "neighbour" Pantheon Resource has had success in recent months, indicates that all play fairways extend into its Icewine project. Says that Pantheon confirmed reservoir deliverability of light, sweet oil, which is positive for the prospectivity of the adjacent Icewine acreage. Says the completion of the independent resource update for project Icewine is scheduled for the second quarter. Read More
(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More
Pantheon Resources PLC - London-based oil and has company focused on Alaska - Says that testing of the lower basin floor fan at its Theta West 1 well has started. Says that the well is flowing high-quality oil to the surface that likely exceeds its pre-drill resource estimates of 1.2 billion barrels of oil. Notes that the well delivered oil at rates that averaged over 57 barrels of oil per day with peak rates exceeding 100 barrels of oil per day over 2 and a half days. Over the final day before the shut-in, the well was averaging approximately 59 barrels of oil per day. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
Pantheon Resources PLC - London-based oil and has company focused on Alaska - Completed flow testing operations on at Talitha A on Monday. The company perforated two separate five foot intervals at 8,160 to 8,165 feet and 7,855 to 7,860 feet. The two intervals were stimulated and flow tested together, producing 35 to 38 degree American Petroleum Institute oil and averaging 45 barrels of oil per day over a three day test period. Read More
Pantheon Resources PLC - London-based oil and gas company with a portfolio focused in Alaska - Issues 1.9 million shares following notice of conversion in respect of USD2 million of the USD55 million unsecured convertible bond. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued Tuesday and not separately reported by Alliance News: Read More