Projects

Being located in such close proximity to the Dalton Highway and Trans Alaska Pipeline infrastructure is a key point of differentiation and a tremendous advantage over all other undeveloped properties on the ANS. These benefits are material as the logistical challenges of operating on the ANS are substantially reduced. The close proximity to existing infrastructure that includes the common carrier, FERC regulated oil export pipeline is expected to save Pantheon tens or hundreds of millions of dollars of development capex and expedite development time horizons. Pantheon’s Alaskan projects will utilise unconventional oil production technologies such as horizontal drilling and stimulation, applied to conventional oil reservoirs in order to maximise reserves and production which has now become standard operating procedure across the entire North Slope.

Pantheon has enjoyed an excellent exploratory success rate drilling on the ANS which has resulted in billions of barrels of oil being discovered. It has acquired and extensive database over more than a decade of operating in that area. Of most importance is that the analysis of data received to date highlights the progression in the Company’s ability to accurately predict the presence of light oil bearing reservoirs using 3D seismic data, geological and geophysical capabilities, further enhancing confidence in future drilling and development planning.