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Pantheon Resources has reached the total depth at Alkaid #2 well, hitting multiple oil-bearing reservoirs.

Pantheon Resources slipped to a $1.6 million loss for the second half of 2022.

Pantheon Resources completed the cleanout of the sand blockage at Alkaid #2.

Pantheon Resources has commenced completion operations at the Alkaid #2 well on the Alaska North Slope.

Pantheon Resources has started testing of the Theta West 1 well with flows exceeding pre-drill resource estimates of 1.2 billion barrels of oil.

An updated report gave best estimates of contingent recoverable resources of 1.2 billion barrels of marketable liquids.

PAO Novatek has issued a notice of intended delisting from the London Stock Exchange.

The divestment includes the Silvertip pipeline and ExxonMobil's 40 percent stake in the Yellowstone pipeline and Yellowstone Energy LP.

The company had previously forecast these assets to generate approximately 1,000 barrels of oil equivalent per day (boepd).

Chevron and its Israeli partners in the Leviathan field have agreed to invest about $568 million for a third pipeline.