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Pantheon Resources Pushes Ahead with Dubhe-1 Drilling on Alaska’s North Slope

Oil Gas Leads

UK-based explorer Pantheon Resources is moving forward with its Alaska drilling campaign despite recent setbacks at its Megrez-1 exploration well. In May, the company reported that Megrez-1 produced over 2,000 barrels per day of liquids—but no meaningful oil or gas. The well was suspended, and shares dropped to 20.65

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Oman Block 12 Wells Come Up Dry

Mees

TotalEnergies reveals in its recent annual report that two exploration wells drilled in 2024 on Oman exploration Block 12 (Total 80%op, PTTEP 20%) were dry. Total did not respond to questions from MEES about its future plans for the block.

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African national oil companies (NOCs) partnering with independents to drive E&P

Oil & Gas 360º

(World Oil) – Africas national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players. mtpa Coral South FLNG project has been operating since 2022 while ExxonMobil plans to make FID on Rovuma LNG in 2026.

E&P 130
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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Operating loss (52.4) (10.3) Cash flow from operations 66.9 Basic LPS from continuing operations ( per share) (22.5) (6.1) The world-class field operating cost of only $4/bbl and consistent production delivery throughout 2024 are testament to the successful delivery performance of this asset. Production costs (17.6) (18.0)

Energy 66