Pantheon Resources (GB:PANR) has released an update.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Pantheon Resources is set to drill the high-potential Megrez-1 well in Q4 2024, with a 69% chance of success, targeting 609 million barrels of oil and 3.3 trillion cubic feet of gas. Construction approvals for the gravel pad at Megrez have been granted, enabling year-round operations and accelerating the drilling schedule. The outcome of this well could significantly impact the company’s development plans and enhance the economics of its Alaska North Slope projects.
For further insights into GB:PANR stock, check out TipRanks’ Stock Analysis page.
