Pantheon Resources Share Discussion Threads

[forwood] 21/11/2022 07:57

That >1m buy recorded 17:51 Friday, a short closing or a new buy?

[chris0805] 21/11/2022 06:32

glomerulous was the poster in this case.. https://twitter.com/ijduwa/status/1594100105811894275?s=12

[chris0805] 21/11/2022 06:31

Think not courtesy of Pro.... He / she / they just copied someone else's post with no reference or credit to that poster.... A common feature of Pro posts....

[olderwiser2] 21/11/2022 02:25

With flow results from Alkaid 2 due in the near term, it is worth a reexamination of what it will mean.
First point, the 150BOPD/1000ft of horizontal is a modelled number, calculated by real data and comparative analysis, based on Alkaid 1 data. (Alkaid 2 data is better) I take particular note this is what the models predict, not what is required to be economic.
Second point, PANR have indicated in a generic form, applicable to Alkaid, Talitha and Theta West that 600 BOPD is the actual requirement for viability

Page 35
Illustrative Development Well 30-40 stages High IRR’s even as low as 600 BOPD
Further supported by Michael Duncan in the 26/04/22 webinar at 1hr 18 mins

“We forecasted about 150BOPD/1000ft of completed horizontal, now I want to stress, that's not what we need, we can make it work with less than that, with significantly less than that”

There is reason to believe the 150BOPD/1000ft is very achievable, as the initial modeling has been conservative, and does not in corporate the improved data from Alkaid 2, nor the increased number of fracture stages per 1000ft implemented in the Alkaid 2 horizontal.
Also reason to believe as low as half of the 150BOPD/1000ft will be viable

[arcadian] 20/11/2022 21:27

Flare she goes or does she?

Courtesy of Pro

[forwood] 20/11/2022 17:24

Helpfull. Suggest you look at the 16 May & 26 April presentation here:

There's lots of 'helpful' info on expected recovery from this well. Pantheon’s Alkaid estimates for an 8,000 ft lateral are 1,200 bopd. For the one they've drilled, it's 750. On page 10 of the May pdf they've modelled recovery for the longer lateral at 1.5 million bbls in 50mths but still producing c 275 bbls then, so am guessing comparatively around 1m for the shorter lateral.

These are significantly better figures than you've suggested, and as has been pointed out, the development plan presented at the April webinar suggested many more wells. 312 wells as shown here, with estimated ultimate recovery (EUR) per well of up to 2.25 mmbo. It noted that 42 wells can be drilled from the Dalton Highway, producing 30,000 bobd at peak.

Page 38 of the April webinar might help you work out the estimated returns on the Alkaid development which extends to Talitha and includes the SMD, with oil at different prices. Page 3 of the May pdf which shows the map of the developments, and extends the Alkaid peak production by 85,000 bopd in the 'shallow' zone. We're waiting confirmation of how big this zone is, which was one aim of the recent drill, along with confirmation of commerciality.

All to play for!

[tizo100] 20/11/2022 15:35

Not right professional they are getting investigated aren't they?

[bad gateway] 20/11/2022 14:34

He's only talking about muddy waters when he says professionals imo. Just wanted something to say in his blog about panr and thats all he could think of.
Need news they've not got the coiled tubing stuck first (ex casp holder here) then that they've got flow that should see those mean and horrible shorts gone.

[tizo100] 20/11/2022 14:31

Filter the crook Truant.

[tizo100] 20/11/2022 14:29

What a silly tw£tCoincidentally there's a Twitter handle of a similar name spouting the same allegations hope u burn when the results are known.

[mlf51] 20/11/2022 11:37

Ask him, the shorters are here but fraud is their only reason and that is about to be put to bed. It's coming.

[brian boru] 20/11/2022 11:28

He says professionals are out to get us……R30;…and we’ve halved in share price since August - does he include himself as a shorter of Panr ?

[cat33] 20/11/2022 11:01

Oilman Jim on PANRhttps://oilman.substack.com/p/sunday-blog-20-november-2022Is this true?