Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.25p +1.37% 18.50p 18.02p 19.18p 18.50p 18.50p 18.50p 435,183 10:36:48
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.7 -0.8 - 43.94

Pantheon Share Discussion Threads

Showing 30726 to 30747 of 30750 messages
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DateSubjectAuthorDiscuss
20/7/2018
09:19
JC 'Texas Numb Nuts' wants to issue loads more shares to buy Vision out so he can drill more water.Classic rinse and repeat process and small pi's happily lined up to be stiffed all over again.
ken chung
18/7/2018
14:09
optrade. 'big buyer just took £60k' Is that what you call a big buy?
2solaris
18/7/2018
11:56
Only mugs buying here.
dianecarberry
18/7/2018
10:49
TWO buys. By jimminy you’re right!! Woah woah, for the wings of a dove!!!!! Get on in there!!!!
tweedledummy
18/7/2018
10:43
Nice buy at £28.2k showing as well. Lovellleeeeeee.
tweedledummy
18/7/2018
10:32
tit big buyer just took £60k
optrade
18/7/2018
10:31
The more you look at PANR the bleaker it gets.
dianecarberry
18/7/2018
10:29
Malcy's dropping Pantheon was announced in interview over 2 weeks ago - https://www.youtube.com/watch?v=qYnNGu8Ixwg - so is old news. Try to keep up Carboot! His interview said nothing I recall about the amounts that could be earned in due course, only that it had not lived up to expectations and having fallen so much was being cut from his bucket list.
forwood
18/7/2018
09:56
Doublestexan - I can't comment, you're closer to him than I am. But the industry doesn't stand still in the intervening period. The post was more to do with the mindset, organisation, and competencies that it needs to switch from years of non-operatorship to being responsible, rather than any statement regarding Mr Cheatham
spangle93
18/7/2018
05:13
Spangle93, Jay has run an oil company operation as president before this, I’m sure with the intelligent people in Pantheon they could handle the operator position. It’s really pretty simple. A lot simpler than all the things they do to run the company now.
doublestexan
17/7/2018
08:42
I think the real point made by Malcy is that Pantheon is not going live up to expectations and make the amounts dreamed about. Let's face it, people thought this would go above £2, maybe even £8. Added to that, the dream was going to be done and dusted by 2018!!! Also, is anyone naive enough to believe we won't have a continuation of the myriad of disasters, mistakes and bad luck experienced so far? People became too entrenched in the dream of becoming very rich and put their faith into a smooth talker who wears rose-tinted glasses. Sure, there should be some positives to come but with only 4.5 million left and over 60 million spent already, the figures don't add up to much more than a company ticking over.
trulyscrumptious
17/7/2018
08:36
only 1 lemming here lol get a life
optrade
17/7/2018
08:28
Are you trying to get more lemmings to help suck up the impending dilution, which could be followed by more drilling failure and suspension?
ken chung
17/7/2018
08:22
Really tit Pantheon Resources in talks to increase stake at major US project (PANR) by ValueTheMarkets • July 16, 2018 hxxp://www.valuethemarkets.com/index.php/2018/07/16/pantheon-resources-talks-increase-stake-major-us-project-panr/ Investors in oil and gas firm Pantheon Resources (LSE:PANR) enjoyed a welcome change of pace today after the announcement of a strategic review sent shares 2.3pc higher to 18.5p. The firm said it is in discussions to acquire some or all of Vision Resources’ working interest positions in its jointly-leased Tyler and Polk Country project in East Texas. Today’s news comes after Pantheon’s shares were decimated in April after it reported operational failure. They have failed to recover since. The discussions announced today follow the recent death of Vision Resources’ principal Bobby Gray and would see Pantheon become 100pc owner and operator of the project. Although the terms of the deal are not finalised, Pantheon said the move would give it increased freedom to conduct corporate and operational activities, which it expects to create value for shareholders. Rather than cash, the purchase is expected to take the form of equity premium priced warrants, a success-based royalty, or other non-equity considerations. Once the transaction has completed, Pantheon said it expects to use a farm-out agreement to finance forward drilling operations at the project and is already in advanced discussions with a USA-based industry party. After undertaking a review of Tyler and Polk’s acreage position as part of discussions, Pantheon found that the project currently stands at 17,145 net mineral acres, down from 20,576 in October 2014. As a result, it said the project’s standing 310MMboe prospective P50 resource will have reduced and require a revision once talks have concluded and a decision has been taken on what licences to renew. It said the purchase price agreed with Vision will reflect this. Finally, the business said it has now agreed terms with a gas processing company for the distribution and processing of natural gas in Tyler Country from first production at its VOS#1 well based at the project. It has formally contracted surveyors, who have already commenced fieldwork for the routing and construction of the pipeline from VOS#1 well to the main trunk line. Jay Cheatham, CEO of Pantheon, said: ‘The strategic decision to seek to acquire Vision’s working interests in our Tyler & Polk county project is something that we have wanted to do for a long time and makes absolute sense if successfully completed, delivering Pantheon both control and flexibility in extracting the value from our project. Lease management is an ongoing process and is subject to inherent fluctuations as companies attempt to secure optimum terms and to continually high grade their lease positions. In Pantheon’s case, our project is represented by approximately 5,000 underlying leases which involves regular negotiation and management. The decision to seek to farm out part of our project also makes sense, and aims to deliver increased drilling activity funded by an industry partner.’ Author: Daniel Flynn Disclosure: The author does not hold positions in any of the stocks mentioned above
optrade
17/7/2018
08:08
Panr to issue loads more dilutive shares to takeover Visions stake and continue the drilling with a strong possibility of more failures. It's a disaster.
ken chung
16/7/2018
21:41
old news ? It appeared today you tit. Malcy is correct PANR is a dog in free fall.
dianecarberry
16/7/2018
21:35
http://tinyurl.com/ybf6clhy via @proactive_uk #brighterir #AndrewScottTV #CapitalNetwork1 #PANR
optrade
16/7/2018
21:33
Worried silly girl eh OLD NEWS regurgitated yet again post upto date news loon SP Angel . Morning View . Pantheon Resources; 10:05 16 Jul 2018 Pantheon Resources (LON:PANR) (18p) – Sound Approach: Today’s announcement, while at once sad in respect of the passing of Vision’s CEO, the structure outlined therein has been well thought out and, in our opinion, is fair to both sides. Vision’s shareholders can still participate in the success of the appraisal programme, which is further reflected in the contingent elements of the pricing, and Pantheon can finally assert full control over the asset for a fair price while mitigating the risk of overpaying for the risks inherent within the appraisal portfolio. Since the Company’s approach has become more in tune with the fact that its asset base isn’t a development asset, yet, we believe its decision making has improved. We look forward to the outline of the next stage of the appraisal programme; it’s aims and objective, and the all-important associated costs. SP Angel . Morning View . #Pantheon Resources; #Zenith Energy http://tinyurl.com/y72fxwk7 via @proactive_uk #brighterir #AndrewScottTV #CapitalNetwork1
optrade
16/7/2018
13:51
I very much welcome this development at both a strategic and operational level. High pressure traps with heterogenous sands requires a skill set not widely available in East Texas. Selecting out suitable contractors will be much easier with this new arrangement. An ‘industry̵7; farm-out is precisely what’s needed with all respect to Vision. There are big rewards here; but, only with the right people.
ripplevale
16/7/2018
13:04
This is looking good now
kirk 6
16/7/2018
11:15
scot, hiddendepths, rvsy Thanks for your insights. I think this is a scenario-describing release, in that it's Jay setting out how they INTEND to take the company forward, like a government White Paper, rather than any major actual developments. Also, there's been very welcome progress on the VOS#1 pipeline; agreement of terms was the stumbling block for VOBM for too long, so with that in place, hopefully the pipeline can be installed and revenue generated before the end of Q3? As above, not complete, but directionally better. Maybe that explains why the market is a bit uncertain. There's a lot of detailed intentions, but little achieved thus far. But as HD says, better that they shared what their plans are, so we're not inventing our own scenarios. Ref reserves and lease renewals. I guess once a new, lower number is issued, the share price will get panned again. But as I've said before, the 301 MMBoe isn't actually reserves by definition, whilst there was never a P10-P90 range shared with the market to give some idea of uncertainty. Moreover even without any subsurface changes (and there's been information from a series of wells with which to refine models), it needed updating to reflect changes in equity in different wells. My understanding is that the Austin chalks were treated as an unconventional, continuous play across the whole acreage, so certainly the 43 MMBOE assigned to these would be ratioed down. It also seems that the edges of the Woodbine/Eagleford structure are less productive, so significant off-structure and marginal structure leases could lapse with only minor of reserves but no real damage to the overall proposition. Frankly, whether it's 200 MMBOE or 300 MMBOE isn't really important until they actually deliver stable long term revenue-generating production. The share price will respond to the latter quicker than the former. My primary reservation is that of PANR becoming operator. Yes, the company is wholly correct to say that such a position "would afford Pantheon increased freedom and flexibility to conduct corporate and operational activities". But PANR has never been an operator, even when it's held majority equity positions. It brings legal and administrative responsibilities, and requires a different (and larger) organisational structure, even if the work is done by non-staff personnel. There's an extensive list, but example of what they'd now have to manage include the land men negotiating leases, to acquire appropriate permits, manage the subsurface development, plan and execute the wells, operate the fields and bases, manage community and landowners for access, yada yada. PANR doesn't have that skill set or organisation capability in house. Plus if any poo hits the fan, it's PANR's name right up there in lights. Without looking it up, can you name BP's non-operating partners in the Macondo/Deepwater Horizon disaster. So it's good that they can acquire 100% for simplicity of decision-making, but I truly hope the farminee is an operating company, not just (as scot says) with experience, but who will actually run the show as operator.
spangle93
16/7/2018
08:48
I am also satisfied with the update. I believe that Pantheon taking over Vision's interest will make the company more transparent and hence attractive to institutional investors.
rvsy38
Chat Pages: 1230  1229  1228  1227  1226  1225  1224  1223  1222  1221  1220  1219  Older
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