Pantheon Resources Share Discussion Threads

[inteligentia8] 22/1/2022 07:20

Oil rebound...nobody was seeing that coming

Oil’s big surprise - via @FT

[johnswan193] 21/1/2022 17:54

Possible they may also announce commencement of testing operations at Talitha and hopefully an update of what is being targeted in each zone (with SFS update overdue).

[chris0805] 21/1/2022 17:09

Thanks Darcon,Those are the documents I referred to, though didn't have the links to hand as was posting on the fly. Also, welcome back & thanks for letting us know this is on the list for QT on Monday.. :-)GLAC

[seejayem] 21/1/2022 16:21

https://youtu.be/XbmY59nLD0gRoughly 900 Barrels per journey. 2 journeys a day maybe? Or is that optimistic. Thanks chaps for the TAPS info.

[scot126] 21/1/2022 16:13

IMHO we'll have a 7am RNS on Monday confirming the spud of Theta West. The Theta West drill is targeting a humungous 1.4 billion barrels of recoverable oil. Perhaps we'll receive some other info trailing the subjects up for discussion on the webinar at 5pm the same day? Good stuff.

[darcon] 21/1/2022 15:50

Chris0805,

From the Alkaid Annual Report dated Nov 10, 2021 (there's an identical statement in the Talitha Annual Report too):

"4.TAPS “Hot Tap” Study: This work has been completed. NANA Worley Parsons was engaged to evaluate the technical methodologies required, potential technical constraints, and general commercial framework to construct a hot tap into TAPS. No technical or commercial barriers were identified in the study. Additional information will be needed to evaluate the most cost-effective and appropriate location for the hot tap, depending on the expected location of production from the Alkaid Unit or Talitha Unit."


I've included questions about this study on the collated Qs list (see Qs I.9 & I.10):

[chris0805] 21/1/2022 14:47

PANR are to conduct a feasibility study into a hot tap connection into TAPS, they have yet to undertake this commitment.. it has been mentioned in a recent RNS & was first mentioned a couple of years back. The reason given at the moment is they need to see what flows during the current season, in order to decide where the best place to have the tap in would be before conducting the study. Also probably it's not been at the top of the list with so few staff, all doing so much to progress other projects... :-) GLA C

[scot126] 21/1/2022 14:32

h/t to sailplane on lse: "a neat animation of a coiled tubing rig." Apologies if already posted.



No trees at Talitha however!

[scot126] 21/1/2022 14:02

ANS West Coast Crude was priced @ $89.49 on 19/1/22 v's Brent @ $88.44

[sandcrab2] 21/1/2022 13:22

88e is a very dangerous share, cleverly manipulated by highly skilled speculators in Sydney
IMO it is redolent of the Vancouver exchange of the old days, and should be delisted in London

[seejayem] 21/1/2022 12:51

Anyone, any idea on how much it would be to connect the Alkaid horizontal development wells to TAPS? This must be a medium to long term plan in if no-one wants to take Pantheon out. What's the biggest truck that can take oil up the Dalton Highway? must be many tankers long but can't be efficient when oil could potentially constantly flow. I know they are only trying to prove the concept of the well production, longer term they may use TAPS, same goes for Theta West.

[inteligentia8] 21/1/2022 11:48

Proximity of Dalton Highway is a plus

[mlf51] 21/1/2022 10:28

They seem keen to drop it easily, as close to a tree shake as they are prepared to go.

[ngms27] 21/1/2022 09:15

I do agree with Putin on one point that Ukraine joining Nato would be a step too far. Better for all for there to be a buffer zone.

[chris0805] 21/1/2022 09:11

Just as well is wasn't Boris's script!!

[unlikely2] 21/1/2022 09:08

It's probably just as well "sleepy Joe" is running the show now. With the alternative Ukraine likely would have been invaded already, and plans for "Trump Kiev" in hand.

Joking aside, what all this is likely to do in reality, is to focus US minds on having safe domestic production. Guess who that might benefit?

[sirmark] 21/1/2022 09:02

Tiny volume so far so down on buttons but with the webinar Monday and what now must be an RNS at the close or first thing Monday confirming spud, we will soon learn a lot about the expectations for the Talitha Zones and the Theta West drill.I presume now anyone in is staying in and the sideline watchers will be ready for the first signs of anything positive.The next few weeks could be transformational

[phsarkandalpp] 21/1/2022 08:50

not sure even HE did, echoridge, with proxy Kamala having to 'clarify' his meaning later and, even later, Joe himself too (with a script in front of him).

[ngms27] 21/1/2022 08:49

Too late. The UK alone has sent enough anti-tank missiles to destroy every tank Russia has.