RE: SP30 Apr 2026 19:59
Hello Lee
I think your absolutely correct in your assessment.
It going to be a long long summer with a great deal of analysis before we are close to a farm in.
If ConocoPhillips were summarising the Kodiak well PANR from a data room, it’d read something like:
* Resource present, liquids-bearing intervals confirmed
* Reservoir quality variable, tighter zones → completion dependent
* Flow rates demonstrated, but repeatability not yet proven
* Development requires horizontals + stimulation
* Upside contingent on scalable well performance
* Infrastructure proximity (Trans-Alaska Pipeline System) positive for economics
Overall: contingent resource; commerciality depends on consistent, repeatable flow rates.
GL