Pantheon Resources (GB:PANR) has released an update.
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Pantheon Resources has commenced drilling at the Megrez-1 well in Alaska’s Ahpun field, aiming to tap into a potential 609 million barrels of ANS Crude and 3.3 trillion cubic feet of natural gas. This venture could significantly enhance Pantheon’s resource base and improve the economics of its full field development. The proximity to existing infrastructure offers a strategic advantage in reducing costs and development time.
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