Pantheon Resources Spuds Dubhe-1 Well in Alaska
Why we think this is neutral
This is a general operational update on the spudding of the Dubhe-1 well by Pantheon Resources. It does not contain any financial figures, contract details, or other mandatory news types that would allow for a more detailed sentiment analysis.
Key Points
- Spudding of Dubhe-1 well to appraise the topsets in the Ahpun field in Alaska
- Well targets the SMD-B horizon as the primary target, with three additional exploration horizons
- Independent Expert Report estimates 282 million barrels of ANS Crude and 804 billion cubic feet of natural gas in the primary target
Summary
The oil and gas company has commenced drilling of the Dubhe-1 well to appraise the topsets in the Ahpun field in Alaska.
Pantheon Resources plc (AIM:PANR, OTCQX: PTHRF) has announced the spudding of the Dubhe-1 well to appraise the topsets in the Ahpun oil field in Alaska. The well is designed to target the SMD-B horizon as the primary target, as well as encounter three additional exploration horizons. An Independent Expert Report estimates the primary target to contain 282 million barrels of ANS Crude and 804 billion cubic feet of natural gas.
Key Dates
22 July 2025
Spudding of Dubhe-1 well
GENERAL UPDATE