Pantheon Resources Share Discussion Threads

[dan de lion] 26/9/2022 13:25

Perhaps they would then be duty bound to say we cleaned up at the flow rate of x BPD?

[dhb368] 26/9/2022 13:12

dan de lion #29395
What makes you think that they didn't frac 3, 5 or 8 sections at a time. It is posisble to frack much more than one perforation at a time and cleanup in sections.

johnswan #29398
I don't think that the manipulator/shorter comments were aimed at you..?

I agree that the initial results may not propel us immediately to new highs, but I do expect there to be a clamour for shares, FOMO, and the forced exit of anyone still short but a lot depends on the Sp at the time of news and the macro environment.

Theta West 2 is planned for this winter. It is my belief that keeping funding for this is why the second Alkaid pad has quietly been postponed.

johnswan #29405
Directors still selling? If that was the case they would have no credibility and PANR would be done. So no, I dont think they are doing that.

[dan de lion] 26/9/2022 13:06

Jaknife, 30 fracks has taken 20 days, I was illustrating how long it would have been if they had flowed each frack individually!

[johnswan193] 26/9/2022 13:03

Last time you guys blamed an share price movement on uninformed shorts it turned out the sellers were the most informed of all - management. Could they be selling down more before the closed period begins or has it already began?

[poohbear1] 26/9/2022 12:57

Massively oversold on the RSI at 37. The snap back is going to be vicious especially with all these uninformed shorts....

[officerdigby] 26/9/2022 12:39

So all stages roughly fracked at same time and packers then. All drilled through for one clean up?Yes that would be better!

[forwood] 26/9/2022 12:30

Jeez, the level of ignorance shown here is astonishing!

I'll admit my knowledge of oil engineering is elementary but even I know that cleaning up is not a sequential affair but simultaneous. EnergyHobbs, who is an expert, previously assessed clean up time here to be 'a week to 10 days'. Also, the only problem we've had previously with cleaning up was due to dire weather events such as blizzards and sub zero temperatures!

[probabilityofsuccess] 26/9/2022 12:16

Hi OD - so you’re trying to check if your understanding is correct or not?

Sorry, from what you wrote it didn’t look like you wanted a discussion, but that you’d already come to a conclusion based on the info you had.

I am wondering what action you took based on that decision - hope that’s an ok discussion to have? If not, no worries! 😀

[johnswan193] 26/9/2022 12:06

dhb368, I very much hope Scot is proven correct, for the sake of my own (much reduced) holding and for others on here, who I hope will be rewarded for their loyalty.

Just because I remarked on Scot's global strategy backfiring, others on here take the view that I'm a manipulator or shorter, but I'm not. Always call it as I see it. Even if I had fully sold out I would have taken no pleasure in seeing others losing.

Directors sales, horrible, and initial interpretations of the hearing news made things worse (though well done to Darcon etc. who clarified the matter), along with POO and market outlook.

Interested to see market response to next news. Anything negative will see a severe collapse in the SP, while positive news may not result in the level of gains some may expect given the long testing time required to determine decline rates. I can see a situation where initial flow is better than mgmt. had publicly indicated but share price fails to exceed previous highs.

Looking forward to hearing more about plans for winter drilling, hopefully they do something again at TW this year but I'm not yet sure they will.

[officerdigby] 26/9/2022 12:00

POS I'm only about the discussion what you about??

[dan de lion] 26/9/2022 11:44

30 fracks, if you allowed say 3-4 days to recover the fluid from each frack, then this exercise would take 90 t0 120 days to complete!

That is assuming you don`t have to swap over equipment between fracking and flowing!

[probabilityofsuccess] 26/9/2022 11:36

What decision have you made then OD, based on your understanding? And (how) are you going to act on it? TIA

[helpfull] 26/9/2022 11:35

Cor blimey,guv!

The long term upward trendline is on the cusp of breaking. 80-85p now looks inevitable. And with it the uptrend will be well and truly shot. The froth could be blown away, and their is a lot of it.

Be careful.

[officerdigby] 26/9/2022 11:18

My issue. Which was discussed here b4 the fracking sequence is that in the vertical wells. ...Whenever they have left drilling fluids in the well for interruptions etc - they've had problems with the flow.I think in the then on the BB discussion I was advised that each frack would be freshly flowed until drilling fluids returned then closed off and next bit fracked.Today it seems as if each bit was fracked and fluids kept in the well and only now or shortly are the fluids being returned.. (I think I've read the RNS correctly)So sounds like the fluids have been 'hanging around..GREAT!