Pantheon Resources Share Discussion Threads

[forwood] 03/3/2022 11:50

Good management addresses both the internal and external environment, dhb

[dhb368] 03/3/2022 11:41

So PANR have reopened Talitha and drilled and prepared Theta West for testing, all before 88E have even spudded, and still have cash for 1-2 more drills this year.

Clearly not all E&P juniors are run as well as PANR.

Perhaps worth remembering next time someone wants to complain about the management or perceived lack of information.

[catchingmice] 03/3/2022 11:21

1.46 if we can take that out and hold then no doubt we will see 1.50 +

[tmmalik] 03/3/2022 11:18

Seems we are testing 150 today .enjoy the ride .let see where we end up after flow rates Anything between 200-300 depending upon rates.Dyor

[dan de lion] 03/3/2022 11:17

Less expenses now means more for the Alkaid drills, the increase in the share price does not increase the cash in hand.

[pro_s2009] 03/3/2022 10:57

Expenses dont care now, all about the flow test results.

SMD comes in good.....we should see 200p.

SMD comes in good and then Theta West comes in good too......we should see 300p+

Enjoy the ride now.

[dan de lion] 03/3/2022 10:54

Big rig off site means expenditure drops substantially?

[seejayem] 03/3/2022 10:36

That explains the 15p surge on Monday

[unlikely2] 03/3/2022 10:32

Before we get too excited, just a reminder that it took 22 days after the rig moved from Talitha before the test results from the first zone were released. Same interval would give us the 25th for the LBFF. Then another couple of weeks for the UBFF. That would be 8th April. Looks good thinking about the end of the season.

Of course, the set up may be different here, as sirmark points out they might have completed with the rig a few days ago, and be further ahead. We will find out eventually.

Still betting on Monday for the SMD, but I am a lousy gambler.

[pro_s2009] 03/3/2022 10:28

This is it boys and girls, strap yourselves in for SMD flow testing news and then Theta West flow testing news.

[pro_s2009] 03/3/2022 10:27

Rig move was arranged on 28th Feb, so Monday.

This likely means SMD flow testing is ongoing and Theta West flow testing will be after SMD is done.

Cannot see any other reason the rig is leaving now, if the remedial work had failed they would be sidetracking, so they must have done a successful remedial job and now its onwards to flow testing for Theta West.

[ngms27] 03/3/2022 10:27

Sidetrack completed, casing set, great news ;)

[sirmark] 03/3/2022 10:26

Great news.... no side-track needed and drilling out has been completed and I would suggest days ago as they would have had to arranged today's move a few days in advance at least.

[pro_s2009] 03/3/2022 10:17

Theta West rig is moving off site today. So that means no sidetrack.....so must mean all is ok and testing equipment moving in soon.



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[pro_s2009] 03/3/2022 10:16

Yes.......spotted that.

Just topped up with 100K of PANR shares (75K and then 25K).....looks like the rigs work is done

[huntman] 03/3/2022 10:15

GREAT BEAR PANTHEON, IN PARTNERSHIP WITH CRUZ CONSTRUCTION AND NORDIC CALISTA, WILL BE MOVING A LARGE DRILL RIG ON THE DALTON HIGHWAY FROM MILE 386.7 TO DEADHORSE THE MOVE IS ANTICIPATED TO LAST BETWEEN 30 AND 36 HOURS. DALTON HWY RIG MOVE 12:15AM ON MARCH 3rd MILE 386.7 TO DEADHORSE ROAD CLOSURES WILL BE ESTABLISHED DURING THE MOVE THE RIG WILL BE STOPPED IN TWO LOCATIONS TO ALLOW TRAFFIC TO PASS ESTABLISHED LOCATIONS AND ESTIMATED TIMES: CLOSE ROAD AT MILE 386.7 – START THE RIG MOVE PULLOUT AT MILE 403.7 – 16 TO 18 HOURS AFTER RIG MOVE START PULLOUT AT MILE 412.7 – 24 TO 28 HOURS AFTER RIG MOVE START OPEN ROAD AT DEADHORSE – 30 TO 36 HOURS AFTER RIG MOVE START INFORMATION: CODY OATMAN, CRUZCONSTRUCTION [e-mail] // 907-320-6046 THE MOVE SCHEDULE MAY BE IMPACTED BY WEATHER. IF DATES NEED TO BE MODIFIED, UPDATES WILL BE PROVIDED AS THEY BECOME AVAILABLE.
Start Time Mar 3 2022, 12:15 AM
Anticipated End Time Mar 4 2022, 12:15 PM
Last Updated Feb 28 2022, 9:05 AM
Id: 1505

[johnswan193] 03/3/2022 10:12

Unlikely, can you post a link to the source for this?

[unlikely2] 03/3/2022 10:04

Demobbing the rig. Ref Alaska 511. Can only conclude that the remedial work has gone to plan, and they are leaving the frac and testing units to complete the job. Excellent news.

[forwood] 03/3/2022 08:52

EIA wouldn't want to forecast higher prices, as the US has an interest in keeping prices low! Would be interesting to know what they were predicting in 2012!

So, found it - through to 2014 they predicted Brent at $100, WTI at $90. How wrong was that!

[spangle93] 03/3/2022 08:42

I don't disagree, but it's the most recent one issued.

However, I personally (opinion) don't see in their next update the EIA raising estimates for 2023 (and by inference, further into the future) above that already used by WHI

But if I could forecast oil prices, I wouldn't be still posting on these boards ;-)

[senttothegallows] 03/3/2022 08:32

Spangle For EIA you are using a report from the 2nd February I suspect this is very much outdated IMHO