GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Back in 2017 this company was ran by Jay CHeatham, almost every job he attemped ended up in some sort of comical failure, Like a drill bit going missing etc...
Aside from this the company had good oil prospects, but nothing ever manifested.
Is the company still having similar problems to this day?
There always a few shorters here too... Just something I observed over the years
I cant imagine anyone whose done their research to take that posted seriously? ( Filtered).
Clearly when you were using a previous account 😊
Also filtered.
You clearly havnt researched to the timeframe i mentioned, otherwise you would see its a fact.
You clearly only have one agenda based on your posting history. Thats fine.
But FFS try something more relevant to the current situation😂😂😂 . Have fun...while you still have this account
08:10
There was some fact in that post at 03:23, PANR appeared to be bullish about prospects at East Texas some operational issues did occur and then Alaska took priority.
Not sure if PANR retains any interests.
https://www.pantheonresources.com/index.php/investors/presentations/637-investor-presentation-alaska-september-2019/file
Wow brombarb, for someone uninvested reading that ultra bullish spiel on Texas to be nothing but a distant memory, it kind of shows just how far back you need to research to reduce the risk, in an already high risk adventure. Without funding maybe Alaska could be the new Texas, then what. So what happened to Texas in the interim, from 6 wells all finding hydrocarbons to today. Hmm.
Jesus bringing up Texas, better just squeaking placing.
Brombarb, thanks for posting the link, thats actually the tip of the ice berg back then, the shenanigans went on for years until I sold at a loss and moved on.
Funny how I asked a legitimate question and immediately everybody looks to defame you... Thats how people end up in a vacuum chamber listening to their own echo.
And heres another RNS for those interested(Those who dont want to hear negative truths, bury your head in the sand now)
https://www.lse.co.uk/rns/PANR/operational-update-investor-conference-call-pdx9t30ppu0qwk8.html
"operations within the VOBM#4 well were significantly delayed due to the integrity of pipework within the wellbore being compromised by the failure of a liner hanger to seal correctly. Multiple cement squeeze jobs were undertaken and were ultimately successful in restoring wellbore integrity.
· An independent reservoir engineering consultancy was contracted by the operator to undertake an analysis of the wellbore conditions following the multiple cement squeeze jobs and to advise on the optimum procedures for successful flow testing. Analysis suggests that cement from the multiple squeeze jobs may have compromised the formation in the immediate area surrounding the wellbore. This is believed to be a localised issue directly as a result of the intervention of the cement and does not in any way impact the prospectivity of the reservoir. Accordingly it has been concluded that the most effective remediation technique is to retrace partially back up the hole and to drill sidetrack to present a clean wellbore for production testing. Planning for the proposed sidetrack is presently underway and operations will commence as soon as equipment and services are available. "
This type of situation went on for years, a problem, then a solution, then another problem.
Be prepared for the company to do this again, Especially as I see Jay Cheathams still CEO
There was even one point in time, PANR waited months for a drill bit of some kind, and when it arrived it was dropped accidentally down a hole.
Then a new one arrived, and it broke inside the hole or something of the lines of.
lol, you honestly couldn't make it up.
David85, if you are looking to catch up Alaska is likely 10x bigger than Texas (currently ~1.3B resource excluding gas with more to come from Ahpun) as verified by IER). If all we got from Texas was Alaska it was worth it.
Most of the Texas issues were related to the Operator (Vision) and it's CEO Bobby Gray. After his death Pantheon very clearly stated they would be the operator going forward to prevent any more dramas, and to be fair they've handled the hiccups on the North Slope much better as a result
David85 - you said "the shenanigans went on for years until I sold at a loss and moved on. "
I am sorry for your loss which sounds like it was large because from your posts it does not seem that you have been able to move on.
Thank you for the Ancient History. Lessons have been learned, let’s now move on.
And Jay Cheatham is a highly experienced oil industry executive, who with our recently-appointed executive chairman David Hobbs is going to be able to better deal with the types of problem that occurred in Texas.
Pantheon is basically a different company from the one it was back then.
Poor old David85, living in the past and bitter about his historical losses.
Has anyone tipped him off that Hobbs is now firmly at the controls, and that Pantheon is a totally different proposition?
David has nothing of value to add to the current debate and can therefore be filed under ‘random noise’ - filtered.
People were saying how experienced Jay Cheatman was back then... he was absolutely useless.
Lets see if Alaska actually ends up producing, or if we get dramas like before.