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
  -0.11 -0.64% 17.09 17.00 17.18 17.18 16.94 17.02 1,851,343 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 1.0 -8.8 -3.7 - 86

Pantheon Resources Share Discussion Threads

Showing 37151 to 37173 of 37650 messages
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DateSubjectAuthorDiscuss
19/10/2019
10:01
Or perhaps our bod have stumbled across the ability to turn water into wine (oil?!), get 25% for nowt then do a farm in deal for 25% for a $100m value.That sounds likely! Ok, unfortunately not. If Halliburton are happy to give away 25% then one is hard pushed to see another third party coming in showering us with $$$$.Yet the assets look excellent, so is there something here we just ain't getting?
astralvision
19/10/2019
09:57
Good points bit coin.Anyone got a reasonable answer?I think there is a suggestion that Halliburton will get the gig in terms of drilling/services, which would go some way to assuaging concerns, but then that surely would have been in the RNS?
astralvision
19/10/2019
09:37
looking at it from a different angle why didn't Halli buy the 25% for $5 million then sell it on for a massive profit because clearly the jv partner will be paying a hell of a lot more that $5 for 25%, Aye! unless of course the market analysis of the asset is less than our resident experts believe?
bit coin
19/10/2019
08:45
Is there a concern that Halliburton giving up their stake for nothing sets a low bar in terms of farm out stakes?I guess we will find out in due course.
astralvision
18/10/2019
17:47
Superb week for Pantheon increasing percentage in Alaska adds so much value and leaves things nicely clear for the farm out process. I suspect we may see the pace quicken over the next few weeks in Alaska now this deal is done. All Pantheon can do is keep ticking the boxes eventually the market will wake up. Surprised a few more from the recent presentations haven't tucked these away each to their own I guess but I doubt you will find anything better on a 12 month view GLA BTG
btgman
18/10/2019
15:26
its a holiday for Jay everyday, wtf does he do anymore now that he has a BOD/consultants with more members that BP, his supposed expertise was Texas, but that is currently in stasis, Aye!
bit coin
18/10/2019
12:29
Clickable HTTPS://audioboom.com/posts/7373130-dave-wall-managing-director-of-88-energy-answers-shareholder-questions
davidblack
18/10/2019
11:42
I thought this podcast from 88e is worth a listen and provides some insight into their recent Farm out and discussion about partners.hTTps://audioboom.com/posts/7373130-dave-wall-managing-director-of-88-energy-answers-shareholder-questionsThere drill has many similarities to Talitha in regards to close to previous drill which had oil shows and therefore is also considered appraisal. Please note I understand they are not the same.
rabito79
18/10/2019
10:40
Is it a bank holiday?
chuffer2
18/10/2019
08:39
Those sells yesterday were in fact sells. The odd buy in between at higher prices is proof enough. Why can’t people just accept that shares do get sold and there’s no one with DMA picking them up on the buy side? Jeez.
michaelsadvfn
18/10/2019
08:09
Quite so spangle. This assumption that those trades yesterday were sales may well be incorrect. I have no idea why people think they know such things! Just because trades take place at or near the bid price certainly doesn't stop them being buys. My last trade, in another stock obviously, was a purchase at 103.03 when the quote was 103-106 and I don't even have DMA. Well, an hour into the trading day. Total volume nil, zero, nada. Can't say I'm surprised.
hiddendepths
18/10/2019
05:11
Well, I think it sounds like a good move for PANR, since it simplifies the farm-out and confirms the contingent resources at Alkaid/Phecda/Talitha. Halliburton don't do seismic, other than borehole. Halliburton are primarily providers of integrated drilling and completion services, and compete in that space with Schlumberger and Baker Hughes. They also have land drill rigs, but I'm not sure if any are in Alaska. I don't see why there is any expectation of future PANR work for them. My guess is that this farm in option dated back to before the oil price crash at the end of 2014 when companies like Halliburton and schlumberger were cutting deals to manage field developments on behalf of companies that had stretched internal resources, or with governments to revitalise or develop fields by taking a cut of the revenue/bbl. When the industry retrenched in response to the low oil price, these non-core activities were discreetly not pursued any longer. It's not part of the company philosophy to hold equity in fields.
spangle93
17/10/2019
15:51
Most likely DMA and someone not willing to chase the price too hard. Following today’s announcement Pantheon can now push the commercial aspect of any JV which they haven’t been able to do till now. No doubt the geological conversations have been had but until today it would have been counter productive to try to do a JV on Alkaid. That would have been like giving Halliburton a free Christmas present and consigning Pantheon to being a junior partner in any future JV. The next eight or nine weeks ahead of Christmas should be interesting.
davidblack
17/10/2019
15:44
David I think you are right. If the Mms were seeing sellers on balance you can be sure the share price would be down on the day. I believe it either a MM is working a buy order and the other side is yet to print or, someone using DMA in which case it goes straight to the buyer. Mms do not run very big books in illiquid AIM stocks nowadays
fatbloke4
17/10/2019
15:36
My guess is there is someone else collecting beyond the MM’s who generally don’t have the stomach to buy in large volume unless they are filling an order.
davidblack
17/10/2019
15:32
Apparently every trade since noon was a sale, 600k approx. Somebody clearly has been collecting those shares from the departing holders... The only ones collecting are the mm’s. There have been no buy trades.
michaelsadvfn
17/10/2019
14:49
In saying ttat the eSeis deal does provide some comfort until farmout.
rabito79
17/10/2019
14:48
Indeed but hopefully third party verification will come soon enough and that 80p will become the reality. Apparently every trade since noon was a sale, 600k approx. Somebody clearly has been collecting those shares from the departing holders. Would be nice if the share price could get to 25p pre the JV.
davidblack
17/10/2019
14:35
Today’s deal added 56m barrels of oil to Pantheon’s balance sheet at a 12.5% recovery rate... Mr. Market won’t see it that way, all the numbers that have been quoted thus far have been from management, not from an independent source. All part of the reason we are at 18p, not 80p.
michaelsadvfn
17/10/2019
12:33
Today’s deal added 56m barrels of oil to Pantheon’s balance sheet at a 12.5% recovery rate. The cost of that “Acquisition” is the forgoing of the $5m that Halliburton would have had to pay on the back in rights. That’s 9c a barrel! Not a bad days work although I am guessing Halliburton will get a few Sweeteners re drilling and seismic work etc. And at $20m a drill hole that’s not insubstantial when you need 50 holes plus on Alkaid Phecda! The response today seems a little underwhelming? Possibly a modest share overhang again given its back to the last placing price? It was probably inevitable given the price slip of recent weeks. Hopefully it will be cleared shortly and Pantheon can get to the mid twenties before the JV is announced.
davidblack
17/10/2019
12:18
I assume we will see a new broker upgrade on the back of today's news exciting time IMHO
senttothegallows
17/10/2019
11:48
Great news today but one has to ask why Haliburton took 25% in the first place? History now and we’ve acquired their share of 2x 90-135mmbbls recoverable. What’s not to like?
michaelsadvfn
17/10/2019
10:48
polar bear1 - Look, PANR disappointed bigtime in the past. There are certainly good reasons not to trust them even now and to be very sceptical about everything they say. That's your call and you will reach your own conclusions. I would suggest to you that there are experienced investors and people with excellent industry knowledge who are convinced by what is emerging in Alaska. Part of your judgment is whether to listen to them or pay more attention to your own expertise, whatever there is of it. But if you are a holder, as you claim to be, why don't you just sell out and put the money in a company you have more faith in? At least those of us who have bought into this story have got you a decent price at which to exit. I imagine you think the shares should be lower than this as you don't believe in value in Texas OR Alaska. If you're a shorter trying to undermine sentiment, I can tell you that your posts have no credibility and you might as well not bother. You have a lot to say but, strangely, you never seem to say anything!
hiddendepths
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