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Pantheon Resources Plc
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=== Appraisal and Future Plans === Pantheon intends to drill the next Kodiak appraisal well in the recently acquired leases, northwest of Theta West-1. This drilling aims to encounter a reservoir section with improved reservoir characteristics, potentially yielding higher flow rates and hydrocarbon recovery rates. The company's detailed geological model, which takes into account data from nearby producing fields, supports this approach.<ref name=":2" /> To address the contingencies highlighted in NSAI's evaluation, Pantheon plans to cut full cores and acquire a comprehensive suite of wireline logs and fluid samples in future appraisal wells. This granular data could potentially lead to future increases in recoverable resource estimates.<ref name=":2" />
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