Pantheon Resources Share Discussion Threads

[pannikin] 07/7/2022 09:00

You also get a lot of 'traders' who think they are 'hot' but actually have no original ideas and just copy their trades from Twitter and the likes of the naked trader........They are easy to spot....... Think I see one now....

[pannikin] 07/7/2022 08:58

Remember on boards nearly everyone has sold the shares and post negative comments that may or not be factual to encourage you to sell so they can close their short at a better price.

[ctrader3] 07/7/2022 08:46

looks like it's sell the news.
remember on boards nearly everyone have bought
the shares and post positive comments that
may or not be factual to encourage u to
buy so they can sell at a better price.
why would they post positive comments if
they wanted to buy more as the price would
increase.
Bboards prove that the rumour Neanderthal's are
extinct is wrong.

[kinkell] 07/7/2022 08:33

Swendabi1, please may I have a coin?

[valhamos] 07/7/2022 07:52

Let's hope some decent cashflow is imminent.

[pannikin] 07/7/2022 07:48

From WH Ireland

Pantheon Resources (PANR) – Corporate – Spudding of Alkaid #2 Well Market Cap £646.4m Share Price 84.5p
Pantheon Resources announced that it has commenced drilling operations for the Alkaid#2 well.

WHI View: We are most excited about the Alkaid #2 well because its intention, amongst other things, is to i) test the depth of the Alkaid structure, which we believe is likely to increase the known scale of the resource, and ii) to production test a horizontal, multi-stage fractured well drilled into the formation – the first of its kind drilled by Pantheon in Alaska.

We refer to our note dated 28 June 2022 for a fuller description of the implications of this high-impact well.

We reiterate our 208p/sh fair value estimate. We believe the market will welcome this news and that the share price should react positively.

[pannikin] 07/7/2022 07:46

Ouch. Bear trap time?

[bad gateway] 07/7/2022 07:18

Perfect timing for the charts too. Right after closing the gap and needing/wanting a reason to bounce.

[soggy] 07/7/2022 07:14

RNS out - Alkaid#2 spudded.

Let the good times roll!

[ctrader3] 07/7/2022 07:08

Pantheon Resources plc

Spudding of Alkaid #2 Well

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM listed oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope ("ANS"), is pleased to announce the following updates.



Spudding of Alkaid #2 Well

Operations have commenced on the Alkaid oil accumulation with the spudding of Alkaid #2, the Company's first horizontal well on the ANS, using the Nabors 105AC drill rig. The rig is larger than those previously used, with increased capacity, and can undertake multiple functions. As of 8 PM BST on 6 July, Pantheon was drilling ahead at a depth of approximately 300 feet.

The Alkaid #2 well will assess three impactful objectives over multiple formations:

(i) Production testing a proven oil formation encountered in Alkaid #1

(ii) Exploring the deeper potential for oil in that zone

(iii) Appraising an extension of oil discovered in the Shelf Margin Deltaic at Alkaid #1 and Talitha #1.



The Alkaid #2 well is located adjacent to the Dalton Highway and Trans Alaska Pipeline System (TAPS) which are the main transportation highway and export pipeline, respectively, and approximately 4.5 miles from the Alkaid #1 discovery well drilled in 2015. A key objective of this well is to gain robust production test data to accurately assess the ultimate potential of the reservoir. Whilst the Company believes the optimum well design to exploit the Alkaid anomaly would include +8,000 foot lateral sections, in this first well the Company will adopt a more conservative approach with a shorter lateral simply to minimise operational risk.

[ctrader3] 07/7/2022 07:05

Alaric u seem to have an unhealthy obsession of posting
about chartrader, tick tock or maybe just tock.

[mason66] 06/7/2022 22:33

Hi swentab. When I applied for a coin which you kindly supplied, I said that my interest hitherto was to read the informative posts but that I was not really a poster. Although I have still not posted, I find that I am now unable to see the boards.

[madd_rip] 06/7/2022 22:24

Be amusing if one of the aliases was pro.