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Pantheon Resources provides update on Bullseye prospect


Published Jul 28, 2008
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Pantheon achieves first production from Wilson

Pantheon Resources, the AIM-quoted oil and gas exploration company active in the Gulf of Mexico, has been advised by the operator Golden Gate Petroleum Limited that the Key Drilling Rig # 88 has been delayed arriving on location until 1 August, when drilling will resume. It is estimated to take approximately 3 days to drill to the primary Miogyp objective.

Pantheon is participating with a 15% working interest prior to back-in rights. Should back-in occur, Pantheon will participate with an 11.25% working interest.

Tags: Pantheon Resources



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