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Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources Plc LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.20 3.77% 33.00 32.80 33.20 34.00 32.00 32.00 1,318,355 16:35:18
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.7 16.7 10.5 3.1 166

Pantheon Resources Share Discussion Threads

Showing 33501 to 33521 of 34375 messages
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DateSubjectAuthorDiscuss
24/7/2020
01:27
Not really. The farm out market is full of opportunities but is in deep freeze at the moment. As that begins to thaw the first focus will be on gas opportunities. Gas is the new darling, its the greener investment. I have moved heavily into gas stocks focused stocks, like TXP, PRD, DGOC etc... Oil projects have to be very attractive, and its a reason I am in PANR is their project is very attractive with good economics. So the road ahead, when the farm out market thaws, is gas projects and also some very attractive oil projects with good economics - will be the focus of attention. Companies like say BPC, looking for money for a long time to try to drill in the Bahamas, will continue to struggle to raise money - but companies like PANR will attract a farm in, however the terms of the farm in may well be below what a lot of people expect, quite simply, that is the market now, you will have to accept low dollar offers if you want to move forward.
pro_s2009
24/7/2020
00:41
Doesn't sound right to me (imho). The lottery ticket seems obvious only to panr shareholders. As it always has.
winthorpeiii
24/7/2020
00:02
Cash is king. In this market the buyer is very much king. Buyers are driving prices down. If you want their cash you sell your opportunity cheap. Once PMO sort out their BP acquisition one would expect them to be interested. What will likely happen here is everyone is sat waiting, not wanting to make an offer, hoping to get in cheap later hoping by then any other interested parties will have walked away. What will likely happen is at some point, someone will make a serious offer and then the bidding war begins from all the interested parties. Just got to sit back and wait.
pro_s2009
23/7/2020
23:24
No news here...just endless recycled stories of hope. It amazes me that a company sitting on a clear lottery ticket hasn't been bought, let alone attracted a partner.
winthorpeiii
23/7/2020
22:29
Have a look at the last 3 days on the chart seems buying is only allowed to get to 3.5mln per day Uncanny the last 3 days on the chart are almost bang on the sameAnyone betting news tomorrow ??? Maybe it will get released then to catch the weekends press
sirmark
23/7/2020
22:15
Thanks Scot & George, for the previous posts. All good to hear in some respects but is it just me that suspects Dave Wall is a brash Aussie Sales guy??? 88E appear great a presentations to raise their profile, will it be substantiated??? A key question I feel... that "may" read across to PANR... I added to my PANR holding today for clarity... don't want to sound negative but hope the PANR rise in share price is not anything remotely related to the 88E RNS..
chris0805
23/7/2020
21:51
That was me ;)
sirmark
23/7/2020
20:16
Link available for tonight's 88e Webinar.https://youtu.be/lyFHac61VEc
rabito79
23/7/2020
19:07
Dear All - just listened to Dave Wall (DW) of 88E on the Proactive webinar. Not a massive amount of readacross to PANR but a couple of bits'n'pieces perhaps? - When referring to Alkaid as an analogue well to Charlie-1, DW described the results from the flow test at Alkaid....100 bopd from a 6ft section. He then went on to state that a horizontal well would "achieve multiples of that flow rate". Nice to hear another external viewpoint on PANR/eSeis/LKA's work on Greater Alkaid and the implications for future horizontal wells. - It's "unlikely" that a farm out of Icewine will take place this year as the data is "not yet fully integrated". Fair enough. However it does mean that if PANR achieves a farm out prior to the next Alaskan winter drilling season (and for the record, I believe PANR *will* achieve such an agreement) then whether it means drilling Talitha and/or Greater Alkaid, all eyes will be on PANR as it relates to the Central North Slope. Only game in town! - DW described the proposed low cost 2 well programme for Peregrine. The two wells would cost $15m in total, drilling to a depth of 5-6k ft in each case. When describing the strategy to drill in H1 '21 v's shooting 3D seismic, DW stated that in this particular case it was "more cost effective to drill v's acquire 3D seismic". That may very well be the case for 88E but this once again underlines the huge intrinsic value of PANR/Great Bear's noteworthy $80m investment in 3D seismic over the last decade. - Gas/oil ratio (GOR) and API at Charlie-1. The gas condensate v's oil question is outside of my formal education but I will investigate further. If I noted DW's comments correctly, it was 88E's belief that the HRZ data from Charlie-1 combined with their understanding of the thermal maturity window would have led them to expect to encounter oil in the Torok with an API of 40-44 rather than the condensate they encountered with an API of 49. In addition the GOR would have been expected to be c.1000 v's the 15000 encountered. I need to investigate this theory further to see if there are any implications for PANR's acreage updip (as referred to correctly by GG above). For any new PANR holders getting to know the company, the Alkaid-1 oil was light, sweet crude with an API of 37, which attracts a premium price. GLA
scot126
23/7/2020
18:25
Interesting comments from Dave Wall regarding oil saturations at Charlie 1. Apparently there is an abundance of oil but it simply didn't flow. They are integrating the data and relaunching their project Icewine farm-out process. I recall Bob Rosenthal who remarked that any positive result at Charlie 1 would be positive up-dip for PANR. The market regarded Charlie 1 as a commercial failure but according to Wall that is not the case.
gorgeousgeorge01
23/7/2020
18:10
Indeed DB, but let us all know before you go next time ;)
dhb368
23/7/2020
17:43
You go out for a peaceful day, and what do you find when you come home? Who has been rearranging the furniture! Congratulations to anyone who topped up of late. Onwards and upwards to that £1 mark! Note to self: must go out more often!
davidblack
23/7/2020
13:45
My word, need to clear the cobwebs. Was it not BioProgress or something ? Really cannot remember, so long ago now. BPRG and SEO ??
pro_s2009
23/7/2020
13:07
They probably actually have that. Hey we are then talking about 50 bag. Just shows how crazy 22p is. In my view
senttothegallows
23/7/2020
12:51
You have to factor the dilution from the farmout though. That's why I think the amount recoverable would have to be several billion barrels (fag packet calc) for the MCAP to go that high.
ride daice
23/7/2020
12:48
You can see how you could get to the numbers 1 bboe @ $5 and your well on the way. In my view
senttothegallows
23/7/2020
12:46
It’s an old article written just after the failed 88E drill. Still valid mind.
michaelsadvfn
23/7/2020
12:45
That would value the company at over GBP 5 Billion. They're going to have to find a lot of oil for that to happen.
ride daice
23/7/2020
12:43
I'm no fan of Malcy but that's a cracking write-up, bound to get some attention.
redhill9
23/7/2020
12:37
"...perhaps a 20 bagger, maybe 50 but that can only happen when the partner is found and while this may or may not take potentially a long time management and shareholders remain confident and prepared to wait." A 50-bagger from today's levels would be most welcome.
gorgeousgeorge01
23/7/2020
12:35
MALCY Pantheon Resources Following the unsuccessful well reported by 88E and Premier Oil earlier this week, and to be fair some voluble feedback from Pantheon shareholders, I thought it would be good to fix a meeting with PANR to see what the position currently is. I did meet with top management when the shares were suspended awaiting an experts report and yesterday I wanted to check that I was up to speed with events. Pantheon, through last year’s merger with Great Bear Petroleum has a high impact project on the Alaskan North Slope where it controls 200,000 acres to the south of the historic and huge Prudhoe Bay and Kuparuk fields and with the TAPS pipeline system nearby and the Dalton highway on its land has excellent infrastructure. Following the successful Alkaid well last year the company commissioned an independent experts report which gave the company 76.5 million barrels of contingent resources with an overall P50 of 1.2bn barrels of oil equivalent. Clearly all these numbers are huge and whilst they make Pantheon potentially massive it is clearly a requirement to find a partner, indeed they are keen for it to be the ‘right’ partner who has to be prepared to commit a substantial amount of capital. Having said that, finding the right farm-inee will not be easy although ironically, speaking to the company yesterday the conventional ANS has greater appeal than the shale already shutting-in. One of the reasons for proving how hard it is to find a partner is more to do with the virus and that the data room is a physical one, albeit in Houston making it hard to visit just now. Pantheon clearly has an absolute monster of a potential project, it has high quality directors, shareholders and first rate advisors, indeed a geophysical contractor was so impressed with what they saw they wanted their fee in shares, not possible but a 1% royalty has appeased them. Pantheon are in an amazing postcode and with a partner and when action can begin the value will start to transfer to the shareholders. It is almost impossible to calculate how much this acreage could be worth to Pantheon, perhaps a 20 bagger, maybe 50 but that can only happen when the partner is found and while this may or may not take potentially a long time management and shareholders remain confident and prepared to wait.
gorgeousgeorge01
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