StockMarketWire.com - Pantheon Resources said flowing operations had commenced at a natural gas well in Tyler County, Texas following a bout of heavy rain.

A pipeline connecting the VOS#1 well and a gathering and processing system had now been hooked up.

The company said it would bring the well online slowly to allow it to gradually clean up as a result of its prolonged shut-in period.

'Despite the ongoing rain and localised flooding in the area, the crews worked overtime under poor conditions to complete the tie in,' chief executive Jay Cheatham said.

'I am very pleased that we should benefit from strong natural gas prices as we head into the winter heating season and look forward to announcing the stabilised flow rates.'




At 8:28am: [LON:PANR] Pantheon Resources PLC share price was +0.95p at 16.95p



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