Pantheon Resources completes successful sidetrack well in East Texas
LONDON -- Pantheon confirms that the VOBM#2 H sidetrack well, Polk County, onshore East Texas, has been drilled to a total measured depth of about 16,450 ft and will now be completed ahead of testing. Data from electronic logs indicates the presence of hydrocarbons in a potentially significant reservoir in the primary target, the Eagle Ford sandstone. The board stresses, however, that the significance of these results cannot be accurately assessed until flow testing operations have been completed.
Drilling operations with this rig have now been completed at this location and a production liner will be run and the well bore cased. A lower cost workover rig will be contracted to undertake completion and flow testing of operations. A further update will be made once testing operations have been completed
