Pantheon Resources Share Discussion Threads

[padamster] 21/2/2022 07:30

The excellent result as talitha outstrips the set back at TW which can be resolved. Let her loose 😊

[chris0805] 21/2/2022 07:29

Likely to be longer time interval to SMD results IMHO, as they implied more fractures to stimulate SMD in the webinar iirc??

[elhank] 21/2/2022 07:29

Another fantastic result. Well done whoever decided to drill Talitha in that spot. This is getting better and better.GLA

[chris0805] 21/2/2022 07:26

Can you please share the basis of your thought squire?

[bad gateway] 21/2/2022 07:23

45 bopd and a damaged wellbore. Reminds me of my days in block energy lol.
Hope they sort the issues for you.

[mojad5] 21/2/2022 07:21

Seems like our third party contractor at Theta West had too much yellow cake - frazzled his brain.

Yet another stunning result at Talitha. :-)

[unlikely2] 21/2/2022 07:18

I have a different opinion as to what is next. Now that the SFS is finished, they will already have started work on the SMD. Took 14 days between results from the BFF and SFS. Same interval would give results of SMD on the 7th or thereabouts. With the remedial work to do on Theta West it will probably be along a week or so later.

Happy whichever way it works out - all looking good so far.

[btgman] 21/2/2022 07:17

Fantastic news well done to all at Pantheon. Given the soundings about Alkaid this may well add $1b to NPV stunning especially given the potential for all year round drilling

AIMHO
GLA
BTG

[johnswan193] 21/2/2022 07:16

Excellent news this AM.

Scot, I would rather you would not waste Bobs time by sending him stupid questions when his answer was already contained in an RNS. In your message to him did you mention you were looking to chip in for access to a satellite photo service so that you can leak your interpretation of operations to a BB prior to the company doing so via official channels? Or were you hoping to inside trade instead?

To you and everybody else, don’t be bothering Bob or any others at the company during this time, and don’t be trying to leak information about operations ahead of the company.

[sporazene2] 21/2/2022 07:12

nice to the see the SFS result; the reservoir potentially extending east towards the highway and being testing this summer in Alkaid #2. That well is now shaping up very nicely.

[jontyfromsa] 21/2/2022 07:11

Well yet another great result!!
Not much we can do about some 3rd party stuffing up his job. Thankfully sounds like it’s going to be resolved pretty quickly. Once TW flows there will be corks popping everywhere

[pro_s2009] 21/2/2022 07:11

As they say......let that sink in

........Encouragingly, our testing to date suggests that we could be in the sweet spot for finding light oil on the North Slope. So far, we have tested light oil in four hydrocarbon accumulations: (i) the Alkaid (deep) anomaly, (ii) the Lower BFF, (iii) the Slope Fan System upper lobe, and (iv) the Lower Slope lower lobe."......

[squiresquire] 21/2/2022 07:10

SO according to you guys hte share price is going to rocket today huh? Doesnt look like that to me !!

[bought in] 21/2/2022 07:10

This is just looking better and better - two big ear lobes on those elephants

Surely, an oil field in its own right - looking forward to the contingency resource estimates but surely another several hundred million given the areal extent

Go on Bob, give us a guesstimate

[oilforex] 21/2/2022 07:08

Jay repremanding third party contractor - "You only had one job to do ..."

[pro_s2009] 21/2/2022 07:06

Also, looks like Theta West is the next flow test.

Next week flow testing.......so Monday 7th March for the explosive giant Theta West flow testing results........

Then the primary target SMD testing at Talitha last after Theta West testing it seems.

[pro_s2009] 21/2/2022 07:03

Jay Cheatham, CEO, said "Once again we have an excellent result from the Talitha #A testing. Similar to the Basin Floor Fan ("BFF"), we had two goals in testing the SFS: (i) to prove we had moveable oil, and (ii) to prove high quality oil. We have achieved both of these. I was on location in the flow back trailer and collected the crude personally, which is indeed light and sweet. We exceeded original expectations with the flow rates achieved from these two sand bodies. We now believe the Slope Fan extends east near the Dalton Highway giving us additional potential resource developable from gravel along the highway. The issue encountered at Theta West typify some of the frustrations in drilling and completions; thankfully we had a contingency built into our planning."

Bob Rosenthal, Technical Director, said "This is fantastic result particularly given we only perforated two, five foot intervals in a vertical well. This test confirms light oil in the SFS which is not accounted for in any of our resource assessments. As we do further work, we expect an upgrade to our resource numbers for these results. Encouragingly, our testing to date suggests that we could be in the sweet spot for finding light oil on the North Slope. So far, we have tested light oil in four hydrocarbon accumulations: (i) the Alkaid (deep) anomaly, (ii) the Lower BFF, (iii) the Slope Fan System upper lobe, and (iv) the Lower Slope lower lobe."

[pro_s2009] 21/2/2022 07:01

Another superb flow test result !!!!!



.

[westx] 21/2/2022 05:38

Thanks for update, makes sense. I suspect procedure was perf lower SFS lobe and frac. Set frac plug above those perfs and perf and frac upper SFS. Drill out frac plug and flowback frac fluid. Same procedure as LBFF except one less set of perfs and only one plug to drill. As mentioned before I like this log and am optimistic about results.

[doublestexan] 21/2/2022 04:03

The Market is closed Monday in the USA ,
in observance of President’s Day.
———;——̵2;——R12;——212;———
Pantheon and Great Bear have done a
wonderful job! Hats off!!!
I look forward to reading the RNS’s
as they come thru this year!!!

[pro_s2009] 21/2/2022 03:13

Looks like the SFS is flowing very well.

Remember this was one identified by Baker Hughes as looking very good.

So hopefully we will get a nice flow test RNS for the SFS this week !!!




borisdog3 20 Feb '22 - 15:37 - 23111 of 23118

Thanks newandax this is great



I’m no image expert but surely that is smoke/vapour emission