Pantheon Resources Share Discussion Threads

[sogoesit] 21/3/2022 12:06

Post 24449... also possible to acid-frac where acid is pumped as a pre-flush to the proppant during the fraccing (injection) job....

[astralvision] 21/3/2022 12:04

Sat image link posted by Adz on LSE
Not sure I’m any good at interpreting it!

[tmmalik] 21/3/2022 08:13

I guess today people get good confidence that operation are going smooth(no RNs on Monday ) so I am expecting share price movement 5-6 percent today Dyor

[unlikely2] 21/3/2022 07:51

I stand corrected, thanks WT.

[westx] 21/3/2022 07:19

Usual sequence for completion is small acid job to clean mud and open up perfs before frac.

[sirmark] 21/3/2022 07:05

No news it good news imo another day closer :) the longer the test the better and IF they was not testing anything or had issues they would abandon and move to the upper so I’m assuming the lower is performing well and they are gathering as much production data as they can to help our buyers.

[tmmalik] 21/3/2022 07:03

Testing in progress ,no RNs today atleast .

[winner66] 21/3/2022 06:33

Here’s something. The last time the London stock exchange were listed higher in google rankings for a panr search than ADVFN at 6.30 am we received an RNS. So call it spooky but I’m very much expecting an RNS today .

[borisdog3] 21/3/2022 05:38

Well that looks encouraging

[unlikely2] 21/3/2022 02:58

Mandatory - I must have missed the bit where flow rates were mentioned, or even if it flowed at all. NB Testing does not equal flowing!!! It would still be described as testing if nothing flowed. Hope I am not coming across as negative, but people are reading all manner of info from a tweet which is not there. Please wait for the RNS.

[mandatory] 20/3/2022 23:23

Tells us that flow rate is not poor after mere hydraulic fracking - that’s how it seems to me anyway.

Not sure I’d buy on the basis of that “no acid yet” line though. I’d wait till the non poor flow rate is confirmed.

Unfortunately that’s a moot point as I’ve no spare money down back of the sofa to buy any more PANR anyway.

[unlikely2] 20/3/2022 22:34

Thought about it - I believe acid treatment would be required if flow was poor AFTER hydraulic stimulation (fraccing). So tells us nothing.

[fordtin] 20/3/2022 20:10

Evening H G - re "they will only be doing minimal 2-3 stage fracs"

you obviously didn't watch the last webinar.

Highly recommended viewing imo.

[highly geared] 20/3/2022 17:48

You also have to remember that to prove oil flow, they will only be doing minimal 2-3 stage fracs. This is why the oil flow is small when compared to a longer multi stage frac that penetrates deeper into the bedding strata to achieve much greater flows.

[astralvision] 20/3/2022 16:03

Presume he means this:'Acidizing is commonly performed on new wells to maximize their initial productivity and on aging wells to restore productivity and maximize the recovery of the energy resources. 'Ie if acid isn't required then that's a good sign?That's my interpretation fwiw.

[g2020202] 20/3/2022 15:21

Bought in… can you elaborate for those of us who aren’t so savvy. No acid means???

[bought in] 20/3/2022 14:43

"Slightly odd tweet don’t you think or am I missing something" - mlf51

Yes, you are a termed a non-responder to subliminal messaging

But you are not the only one, NO ONE seems to have picked up the "hydraulically stimulated" comment in the triumphant "more to come ..." video this week

i.e. no acid needed into week 4

Come on folks, think about it

[officerdigby] 20/3/2022 14:36

Normally on this situation with this much hope. Things go the other way.This is my experience!

[astralvision] 20/3/2022 12:51

psUnrisked valuation was just under £10.

[astralvision] 20/3/2022 12:48

Conor Maguire's valuation:We can probably expect future bond repayments to be via shares also, given the focus on funding and proving PANR's assets with a view to a sale. In any event, this has little bearing on my previous valuation analysis which estimated a risked value of ~£3.44/share on a fully diluted basis, after full conversion of the convert bond.

[mlf51] 20/3/2022 12:44

Very happy to accept that interpretation,we shall see. GLA

[rideacockhorse] 20/3/2022 12:18

Not at all. The tweet comes across as if they are a fun lot, enjoying themselves and enjoying the success they are having. I say PANR holders will soon smile just like Lynsie.

[bit coin] 20/3/2022 12:16

Someone asked what the share price would do if the Theta news is as good as we expect?I remember some calcs from an oil blogger who I think was called Connor and was posted some months ago...........I think his estimate if all went well was over $10 per share, bwtfdik!

[mlf51] 20/3/2022 12:07

Slightly odd tweet don't you think or am I missing something