Pantheon Resources Plc has formally commenced seismic reprocessing focused on the northwest section of its Kodiak project, specifically updip from the Theta West-1 discovery well. The Theta West-1 well was previously reported by Wood Mackenzie as the fourth largest discovery well globally in 2022 and the largest onshore discovery well globally in 2022. The company is also performing preliminary activities for a potential Theta West-2 appraisal well, with timing and execution subject to funding, permitting, and operational considerations.
Additionally, the company will be hosting a booth at the 2026 NAPE (North American Prospect Expo) event from February 18 to 20, providing an opportunity to present its projects to a new audience and network with other industry participants.
