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A&D - Pantheon buys out Halliburton at 900 MMbo Alaska oil project - October 2019

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London-listed Pantheon Resources will boost its operated stake to 100% in the near-term Alkaid/Phecda oil project on Alaska’s North Slope, having agreed to acquire oilfield services giant Halliburton’s 25% WI in the six leases covering 22,804 acres that make up the project. The project holds an estimated 900 MMbo in place, and first production is expected as early as next year. Pantheon, which also owns 92% WI in two adjacent leases covering 11,367 acres,......
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