RE: What this article has to do with PANR20 Oct 2025 10:52
10:26 - so a factor in PANR plans is the gas produced from the oil wells they are drilling, in the current scenario they will need to drill additional wells that are used for the re-injection of the gas as there are not cheap options for compression and shipping on the drill pad. With the AGDC developing a gas pipeline for Alaska, which runs right past PANR's drilling locations, they can instead pipe the gas to be used by the state of Alaska and reduce the number of gas re-injection wells they have to drill, so reducing CAPEX and getting some money back from the extracted gas, hope that helps...