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Pantheon Resources PLC (AIM:PANR) | RNS | Pantheon Resources - Resource Upgrade – Basin Floor Fan


Resource Upgrade - Basin Floor Fan
Pantheon Resources, the AIM-quoted oil and gas exploration Company with a 100% working interest in projects spanning c.160,000 acres, covered by 1,000 square miles of 3D seismic, conveniently located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to provide the following resource upgrade on its
Basin Floor Fan Complex, which spans both the Theta West project and Talitha Unit.
Highlights
·    Company P50 estimate of 12.1 billion barrels ( BBL ) of oil in place ( OIP ) and of 1.41 billion barrels of  Recoverable oil in the
Basin Floor Fan Complex, consisting of 11.0  billion barrels OIP and 1.20  billion barrels recoverable  in the Lower Basin Floor Fan and 1.10  billion barrels OIP and 0.21 billion barrels  recoverable in the Upper Basin Floor Fan ....

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