Pantheon Resource CEO Jay Cheatham, Tony Beilman, SVP Engineering and Michael Duncan VP- Operations joined Steve Darling from Proactive to provide an update regarding the company's resumption of operations with the re-entry at Alkaid-2.

The focus of their efforts isn't just oil recovery but also gathering crucial data and employing innovative fracking technologies. Michael Duncan explained their comprehensive approach, involving rigging, fracking, and flow testing. Tony Beilman discussed changes in their fracking design, emphasizing the use of Hunter mash sand and slick water to enhance penetration and achieve extended frack extensions.
The team's approach includes restricting flow rates during flowback to observe reservoir responses and prevent sand flow issues. Jay Cheatham highlighted that these operations mark a significant step forward and hold promising economic potential for Pantheon in the LK2 reservoir and the Ahpun and Kodiak fields. This effort represents a strategic push toward success, marking a hopeful new chapter for Pantheon Resources.


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