Pantheon Resources Share Discussion Threads

[nascarmike1] 29/3/2022 19:41

https://www.proactiveinvestors.co.uk/companies/news/978183/pantheon-resources-overcoming-weather-delays-during-theta-west-testing-program-978183.html?viewSource=TwitterUK

[bryan_davis1973] 29/3/2022 18:34

It isn a disappointing day for 88e but all is not lost. Good time to buy more.

10% of panr with no debt and cash in the bank and they are producing. Its a good way to top up exposure but diversify. I hold both and I think the two will come good

Bryan

[bit coin] 29/3/2022 18:14

We might get interim results tomorrow- last year on 30th we even got a brief update on operations/ fingers xxxxxxxd

[roddyb] 29/3/2022 17:08

-'kin'ell, look at 88E plumet! That was savage despite many on this BB predicting it.

[officerdigby] 29/3/2022 16:46

He means the testing kit. Still onsite.

[chris0805] 29/3/2022 16:45

Lol btgman ...

[chris0805] 29/3/2022 16:44

My understanding from the 4 March RNS was that the NC3 rig was demobilised over the following weekend & a previous BB post has the 511 highway closure for its return to Deadhorse. The Coil tubing unit however should still be on site... possibly for more testing? Possibly because the ice roads need work following the storm to make them passable. My take on last Thursday's RNS wording was it's very unlikely that testing will resume this year. The negativeness of the Canacord note in a way kind of confirms this ? (imho)Great thoughts earlier from Bramante :-))GLAC

[rideacockhorse] 29/3/2022 16:42

This was Pantheon today. Red cap. Red sleeves.

[forwood] 29/3/2022 16:37

There's a turn up for the books! Wondering whether we will get news of a resumption in testing tomorrow.

[sirmark] 29/3/2022 16:23

Great call Swendab :)

I did expect some volatility this week as it's the end of the quarter and also end of the financial year but to the tune of todays movements was something.

Well done for holding your nerve... oil now moving back off it's lows from earlier so all good.. just noise... we still have one of / if not the largest discoveries on shore in the last 10 years under our feet.

[metalbee] 29/3/2022 16:19

Here is a thought. There has been no communication yet as to what the rig is doing, and by this I mean there has been no announcement stating it is being mobilized. Therefore it is still onsite. Dad always told me to put my tools away when I was finished..

[sirmark] 29/3/2022 16:09

And I have bought any lol

[btgman] 29/3/2022 15:17

A sad chain of events over at 88e and I do feel for the genuine holders who have lost money. 88e fortunately was never for me and as a non trader more than happy to continue on the Pantheon journey. Negative posters comments are noted but for the researched this is only the same bile and tactics which have been posted since the 7p days.

88e news is in no way related to Pantheon and 1 million percent should have no bearing on the share price of Pantheon. Very similar to the 88 comments that Pantheon have made a discovery therefore we are rich. Quite simply it doesn't work like that if my neighbor is a millionaire it has zero affect on my bank balance.

I remain very happy with what Pantheon have achieved this winter so far and if it stops here we walk away with:-

Oil flowing to surface at BFF at Talitha and Theta West 10 miles apart. Do I think flow rates would increase if they completed the test at Theta West yes do. I also expect when they drill laterals into BFF flow rates will be very commercial. Others may not simple answer I am not bothered by this. Pantheon and the whole team know what we have here and I am happy to wait and buy accordingly.

Add to this SFF oil flowing to surface at Talitha which points to oil all the way over at Alkaid I have seen some talking about another 100-150mmboe for this. Not a chance it will be way more in my view

Finally oil flow at Talitha SMD prior to blockage which is unfortunate but this would just be cleared if they had time it still supports all all the way back to Alkaid and another large number.

So as noted by many we have to wait until the summer to see the next proof of what we have. This will be a well drilling at least 2 zones currently being discounted by many as not worthy. For these that understand this these 2 zones are hugely significant. Things change with Alkaid well as we will become a producer producing income cash flow which opens this up to further investment groups.

Good luck to all Pantheon holders we are still sat on a monumental discovery across several zones and locations in what is a monster of an oil field.

AIMHO
GLA
BTG

[dhb368] 29/3/2022 14:04

Patience is low Winner66, not confidence.

[winner66] 29/3/2022 13:51

Such a shame that confidence is so low. There will be many reason for the 30 pence fall I’m sure . Let’s hope for a bounce back and sense to prevail .

[dhb368] 29/3/2022 13:05

That was BS. PRO was selling at that time, telling holders that they are safe for another week, making sure he could exit cleanly.

There was no time to flow test, no permits to test and no equipment on site. But he was happy to allow the '88e army' to believe it was possible as that supported the share price whilst he was selling shares to them.

[dan de lion] 29/3/2022 13:02

Looks like 88e are going to piggy back on PANR`s results:-

"We are well placed to continue reviewing and progressing opportunities within the Alaskan portfolio and particularly encouraged by the results to the north of Project Icewine and look forward to providing updates in relation to this project over the coming months."

[pro_s2009] 29/3/2022 12:48

They were going to flow test it if logging results were good. Simple.

[unlikely2] 29/3/2022 12:44

Pro - one question. I noticed that on the 23rd you posted on the 88 thread - "Yes...next week we will know if its a commercial oil discovery or not."

Can you explain to us poor uneducated punters how this would be possible given that no kind of well test was planned, let alone a horizontal well with long term production test, which you are trying to tell us would be essential here. Just curious.

[wasteof] 29/3/2022 12:39

I suspect the slump in price of 88e may be affecting sentiment here.

W

[howie50] 29/3/2022 12:33

Will buy more when new ISA starts after 5 April..