Pantheon Resources Share Discussion Threads

[brian boru] 29/3/2022 12:27

So any Major with 88e on their shopping list will possibly now look to Panr as safe play with good quality sweet light oil and lots of it, billions of barrels!!

[simon_64] 29/3/2022 12:21

88E's bad news might persuade it's shareholders to switch horse now to regain their losses.

[just one more try] 29/3/2022 12:21

88 E is a reminder of what can happen when searching for oil. Last year 88E equipment failure, again a reminder of what can happen when working in extreme condition. Just as PANR had blizzards shutting down working at key moments...

[simon_64] 29/3/2022 12:19

I agree swen one of the anyway.

A couple of my friends are buying in today, paying a lot less than i did. LOL.

I will add a few today i think, will have a look what i have down the back of the sofa.

[forwood] 29/3/2022 12:14

We appear to have got close to the 106p support line call suggested last night. I did not expect us to get there quite so soon!

[simon_64] 29/3/2022 12:14

If so has presented a golden op for new buyers to pick up cheap shares after a cracking result.

[echoridge] 29/3/2022 12:06

There is absolutely no read-across from 88E + the difference between 2021 and 2022? about $85m, you putz. Alkaid will be drilled on schedule. period. sheesh

[rabito79] 29/3/2022 12:03

Well played Dave Wall and Erik Opstad, you have to hand it to them they have played a blinder.

[sirmark] 29/3/2022 12:00

Some leveraged people having to close out some PANR stock to cover 88E IMO

[pannikin] 29/3/2022 11:58

Margin calls hitting the 88e holders.......

[dhb368] 29/3/2022 11:54

No. He left them high and dry. Exited well before todays news.

He plays in the post raise pre results period. His posts trail his actions.

[pro_s2009] 29/3/2022 11:53

Senttothegallows, why ?

I had 3 million top sliced freebies left of 88E, all gone.

[pro_s2009] 29/3/2022 11:52

Forwood, commercial is the definitive.

Companies can declare commercial discovery with 1 well and flow test.

The clouding issue here is the need for hozitontals and the complete lack of doing any for how long now ?

Yes, one is planned at Alkaid in summer 2022, but it was also planned for summer 2021 and then dropped.

I really hope they do it this year and dont cancel the plan again and say "hang on, the data frmo Theta West, very interesting, better we do a horizontal at Theta West winter 22/23 and so, we will delay the Alkaid drill until summer 2023".

That will go down like lead balloon.

[senttothegallows] 29/3/2022 11:48

Pro shouldn't you be rallying the troops at 88e board imho

[bigdazzlerreturns2] 29/3/2022 11:47

gorgeousgeorge0129 Mar '22 - 11:44 - 25004 of 25008
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"And also a stark reminder of how your investment could end up here."

Yet, for us, it hasn't. The expectation is failure. Yet Pantheon, unlike 88E, is far from failure.







How naive

[pro_s2009] 29/3/2022 11:46

PoS.

Its all about proving it through is it not.

PANR planned a mini horiztonal last winter at Talitha, then suddently decided not to do it. Chance lost. Why ?

They could have planned a mini horizontal at Theta West this winter, they did not.

They planned a horizontal at Alkaid summer of 2021, but decided not to do it.

Now they plan a horizontal at Alkaid summer of 2022.


Thing is, the horizontal will give definitive yes or no to commerciality.........and the constant hesitation to do one suggests what ?

[senttothegallows] 29/3/2022 11:46

Pro stop you are embarrassing yourself. There is one hell of a difference between not worth testing and oil to the surface from multiple zones at multiple locations. IMHO

[gorgeousgeorge01] 29/3/2022 11:44

"And also a stark reminder of how your investment could end up here."

Yet, for us, it hasn't. The expectation is failure. Yet Pantheon, unlike 88E, is far from failure.

[pro_s2009] 29/3/2022 11:43

88E proves, like PANR.....there is lots and lots of non-commercial oil in Alaska. Up north its commercial. Down south where 88E and PANR are playing, its not proven yet.

And remains, not proven.

Alkaid is the last throw of the dice for 2022 to try to prove commerciality somewhere, and if that fails......well..........hope it does not.

[bigdazzlerreturns2] 29/3/2022 11:41

And also a stark reminder of how your investment could end up here.