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
  -0.50p -0.90% 55.25p 55.25p 55.75p 56.50p 54.25p 54.75p 755,471 16:29:50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.7 -0.8 - 131.22

Pantheon Share Discussion Threads

Showing 25976 to 26000 of 26000 messages
Chat Pages: 1040  1039  1038  1037  1036  1035  1034  1033  1032  1031  1030  1029  Older
DateSubjectAuthorDiscuss
25/11/2017
00:11
Whether peeps sell or not if Vob4 is a dud is not the issue imo. The mm’s will mark it down anyway. Cash will of been removed from the balance sheet for no potential future return. So the share price should drop. I guess the reason shareholders believe it is more crucial to the company now is because of all the other operational issues and the poor share price performance over the last 12 months. Either way the Wilcox is not what most investors have invested for. Let’s hope for a good result.
rich2006
24/11/2017
17:14
TS, yes it seems that way - and being 15% down at the moment I can't wait to feel really, really excited with him.
davwall
24/11/2017
16:48
Davwall, it sounded as though JC was excited about Wilcox.
trulyscrumptious
24/11/2017
16:46
Oh please!
davwall
24/11/2017
16:35
davwall <=> FSAwatcher
scot126
24/11/2017
16:30
Re the drill co for VOBM#4. - this from the RNS of 24th July: The Company is pleased to announce that it has agreed terms with Energy Drilling Co., for drilling of the sidetrack at the VOBM#4 well in Tyler County. Mobilization is estimated to commence in the last week of August. Operations are expected to take +/40 days on a trouble free basis with testing to occur thereafter. Results will be reported at the conclusion of testing operations. Same RNS JC said: "The sidetrack on VOBM#4 will present a clean wellbore unencumbered by surplus cement, allowing us to test the Wilcox formation, which flowed hydrocarbons during drilling of the original well and showed an excellent log response." From the ops update of 31st October, JC said re VOBM#4: "If successful, it has the potential to be material for our company, particularly given our increased 75% working interest in this well". Given the positive comments from JC concerning Wilcox and the VOBM#4 side-track potential it would be a surprise to me if the market simply shrugged its shoulders on a failure. The share price has certainly benefited from JC's positive slant.
davwall
24/11/2017
16:29
FSAwatcher - short momentum not going your way, eh? So damn transparent. At least try harder and with greater finesse so you can look the Mrs and kids in the face.
scot126
24/11/2017
16:27
Storm in a teacup! Obviously we all know that the Wilcox is there and there is the possibility that it could be transformational - or a dud - or something in between. It is impossible to know how much is built into investors' expectations for it at present. For some it is doubtless a low probability potential bonus. For others it provides the blue sky that justifies holding. The presence of the Wilcox is factored into all of our thinking. If it fails to deliver it is possible that some will be disappointed enough to sell out. After all, the "fair value" NPV calculation should include a weighted possibility that the Wilcox will come good. If that probability falls to zero, the Fair Value will fall back with it. Conversely, if the Wilcox delivers, the probability of those barrels (and maybe more of them) increases sharply and the Fair Value rises. And doubtless the shares will rise, possibly quite a lot. I don't personally think that Jay has puffed up the probability of success but he didn't exactly downplay the potential if it does come in, did he? FWIW I won't sell anyway - the investment case is sound enough without the Wilcox.
hiddendepths
24/11/2017
16:22
if vob4 dont come in good this gonna plummet like a stone from a cliff lotta money parked in ere waitin for the show if main event dont deliver a run for the exit will be busy Jay dont know wot he doin next until he knws vob4 duster result he then gonna drill a mirror copy of vob 1 to get gas level up to cover vob2 no shows i gessin it coz that we can doos jus gessin .. jus like Jay vob4 wildcat stuff
fsawatcher
24/11/2017
14:49
Merie I don't think it could as part of the issue with the well was lost pressure because of those two zones.
davidblack
24/11/2017
14:20
scot126 Can no one have a different opinion to you? I think it's excellent that we have Wilcox, but if it doesn't come off the share price will fall. That's my opinion, not fact, but I am allowed an opinion, this is not North Korea! I would think there are a lot of investors who are waiting expectantly for the result of Wilcox. When I first invested here in 2014 it wasn't crucial but it is now that it has been discovered. Please stop trying to read something out of nothing, chill out instead of stressing yourself. Have a good weekend.
trulyscrumptious
24/11/2017
14:15
The Wilcox is just a bonus at the present time as to whether it grows into something else that's a different issue.
davidblack
24/11/2017
14:06
TS. Jay Cheatham righty drew shareholders' attention to the discovery on our acreage of a Wilcox zone, as he did to the Navarro, indicating the potential of the play, without ever stating anything more than that.Would you have preferred that we were kept in the dark about such discoveries? I think not!
merie
24/11/2017
13:29
TS - nonsense, ill-informed comment as usual. Ok then, prove me wrong. What's your contribution in your npv per share for the Wilcox zone? JC talking it up, you say? Do you ever actually read an RNS? They've been crammed full of words like "potential", "bonus", "surprise", "unexpected" when it comes to the Wilcox. "Crucial", you say? You've stated on many occasions that you've been invested in PANR for a number of years (which I certainly believe). Bet you'd never even heard of the Wilcox until December 2016 so it can't have been "crucial" to your investment, can it? Jeeez. GLA
scot126
24/11/2017
12:09
We have had so many encouraging comments about the Wilcox from JC that if it turns out to be less than commercial the share price is bound to fall and some people will take whatever he says in the future with a pinch of salt. It is crucial that Wilcox is a success
trulyscrumptious
24/11/2017
11:19
I saw the announcement that the sidetrack is well underway ( indeed comments on the board that it may well be near TD), just curious as to which contractor is on it & are they being lined up for the 2018...."aggressive drilling plan"??? Any Thoughts?? CB
chris0805
24/11/2017
11:15
Dear All - I know from conversations with a couple of other shareholders that they too spotted a slight change in guidance about the progress of VOBM#4. From the RNS dated 31/10/17: "Operations are estimated to take a further 30 days on a trouble free basis, with testing to occur thereafter if warranted. Results will be reported at the conclusion of testing." From the FY results dated 22/11/17, Operations Review by CEO: ref. VOBM#4 sidetrack......"Drilling operations are underway and on-track, and results will be reported at the conclusion of drilling operations." STTG sounds like he's pencilled in an RNS concerning TD some time next week ("on a trouble free basis" of course) and I suspect he's got his maths and interpretation of PANR's reporting intentions correct. It's also worth reminding people that the Wilcox (and Navarro for that matter) is a BONUS zone for PANR. Of course there is no absolute guarantee that the sidetrack will be a success (from a distance of a mere 200 ft from the original wellbore). So, all things being equal, ought not fundamentals-based shareholders be forecasting a gap up in share price on news of a successful sidetrack? If it's not successful, as it was only ever a surprise "bonus" zone and not included in analysts' models, it ought not to greeted with dismay IMHO. My view? The FY results didn't contain any surprises, for me anyway. Looks like the BoD has drawn up extensive plans for a variety of wells to be drilled in 2018. They're now waiting for two distinct data points (VOBM#4 and Polk production numbers) before deciding on the schedule of works. As for the Wilcox, my own npv per share could rise between 15%-18% if successfully identified and exploited. Next week's possible/probable (?) RNS and the AGM on the 15th could be very interesting. GLA
scot126
24/11/2017
09:37
Sttg. Post 18473 'The sidetrack is well under way, it could even be drilled by now so who knows when news will come, it could be earlier than expected. A lot hinges on that result. Good luck to all.'
trulyscrumptious
24/11/2017
08:49
Most people seem to have missed the sidetrack must be close to TD by now wouldn't like to be out of this over the weekend.
senttothegallows
24/11/2017
07:48
Have I missed any mention of which rig / contractor is actually drilling the sidetrack?
chris0805
23/11/2017
14:09
Senttothegallows - fair comment. I don't like the HUR salaries either, especially in view of the shareholder value-destructive placing. But at least they've found (probably) several billion barrels of oil from a mere concept. HUR is my biggest holding by a mile but I've held PANR shares for most of the last 3 years and certainly have them now because I still like the story and believe that 2018 will be very good. I just think that I'd have been happier if the management pay rises had been deferred until there was decent cashflow - sharing in our success not pre-empting it!
hiddendepths
23/11/2017
13:51
Agreed "Sent" sure I expected some delays and issues with an occasional bonus like the Wilcox but it still was a year of disappointment. The horizontal well was an expensive failure and there abilty to execute on timescale poor. What we have also heard is some of their contractors were not up to scratch, in the RNS yesterday, why were they not removed months prior? So its difficult to see the last financial year as anything more than poor. But 2017-8 we hope will put us back on track.
davidblack
23/11/2017
13:34
DB Part of the timelines being wrong arising is as of a result of finding 2 new zones and poor workmanship by 3rd party contractors. Its the oil industry it happens what does not happen very often is finding oil and gas in 5 out of 5 wells. Time will tell but very happy to buy at current levels with Wilcox results close I agree with TS it might be closer than some think
senttothegallows
23/11/2017
13:22
The question on the bonus is what have they achieved against what they set out to achieve? Sadly their timelines were hopelessly wrong which then required a placing to happen at 43p. The placing if they had hit their targets might have happened at 86p or more? So the cost of those delays, maybe $6.25m. I assume that is HD's issue. But I am pleased that we are where we are today. Its upwards and onwards from here.
davidblack
23/11/2017
12:53
Hidden Salaries are in line, includes a one off bonus also. I note you post on Hurricane Last accounts Loss £4.7m Directors remuneration £2.5m panr $871k
senttothegallows
Chat Pages: 1040  1039  1038  1037  1036  1035  1034  1033  1032  1031  1030  1029  Older
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20171125 03:53:57