Friday, August 25, 2023 4:43:33 PM
https://polaris.brighterir.com/public/pantheon_resources/news/rns/story/xlk6e9w
Pantheon expects to receive an Independent Expert Report from Netherland, Sewell & Associates on recoverable resources from the Kodiak field in August 2023.
Planned date of September 2023 for mobilisation of workover rig for conducting the frac of the Shelf Margin Deltaic Zone.
Management modelling of the economics for 20 well development pads estimate robust returns with valuations of $6-$8 /bbl ANS and rates of return of 33%-53% at ANS prices1 of $70-$80 /bbl ANS respectively.
Analysis of the fluid composition from the Alkaid-2 test indicates that the reservoir pressure is below the bubble point and therefore there is free gas in the reservoir, but no free gas cap.
GLTA
PTHRF $PTHRF PTHRF
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