Member Info for Blackadder2708

https://www.proactiveinvestors.co.uk/companies/news/1008063/pantheon-resources-says-alkaid-well-results-support-case-for-commercial-development-1008063.html

Not great today or tomorrow because high expectations of investors

But the future is looking great
We have a commercial well and it ticks boxes for future
Farmout (albeit poorer terms )

CPR due soon -tick
SLB validation- tick
Farmout partner due - tick
Commerciality- tick

Same !!!

Still a grand flare on the cam!!!

I see Louis is doing his/hers Sunday promo of Rosie and Jim’s
narrow boat escapades again.

https://static.tvtropes.org/pmwiki/pub/images/rosie_and_jim.png

Baldric seems to be going under the name Louis
(Along with his turnip. ‘Oily Jim’ )

I also retired at 50 but now back at it with this mini oil boom
albeit on less money than 10 years ago but hey….I tried 3 years of retirement which incidentally coincided with my Covid lockdown in Asia….could have been worse

That said . A beautiful flare on the weather cam

https://weathercams.faa.gov/map/-148.71914,70.04893,-147.95559,70.20276/airport/SCC/details/camera/11668/loop-full

I am a believer !!!!!!

Big boy flare at Alkaid 2

https://weathercams.faa.gov/map/-148.71914,70.04893,-147.95559,70.20276/airport/SCC/details/camera/11668/loop-full

Thanks unlikely

Now that’s the video I wanna see
Fantastic

Brian

pretty standard stuff
They did have a few days to prepare whilst waiting for the rig.

Logistics and layout for drilling equipment and storage
is my day job .

Clean up and flow
Will Shut the gobsh!!!es up

Peaky
Would let them bother you buddy

What a fantastic webinar that was.
Installed so much confidence in my investment.

Obviously SP isn’t reflecting that at the moment but going
forward in the longer term it’s amazing.
Worked for SLB in the past and that endorsement is priceless

Poor Mike Duncan gets the brunt of criticism but I believe him
to be top notch

Hold tight and things will pay off big time IMHO

Sailplane
To add tho.
In the last webinar (1hr17mins) in Mikes slide it does actually say ‘just 150bpd but he also states at the current oil price
they would be happy with much less.
I revisit these webinars instead of just RNS because you can gauge real expectations.

But it is looking good regardless of the naysayers.
IMHO

Yes I agree

It’s worth a look at an old webinar at 58m in
https://youtu.be/8B3KWSG8WPs

Access gas *
100-150bpd modelling *

Think we have unknowingly raised the bar unfortunately regarding

*Re-injected access gas for carbon capture and zero emissions at full production stage. Obviously via a secondary well but doesn’t have to be horizontal, so no great shakes.

All good at Alkaid 2

IMHO

Jay does look likes he’s been tangoed.
But wouldn’t you?

Things haven’t gone to plan but they’ve dodged a bullet
with the mothballed rig in my professional experience.
Would have been thwart with issues and at x10 the cost

The CTU was last resort and got things moving at least.

I’ve watched it twice and it’s so positive , although slight delay.
No money issues
Farm in interests
Workover rig in 10 days
Results will improve

Bosh!!!

To add
10+ years ago north sea oil had a short shelf life
But due to advances in technologies, desire/ capability to
drill deeper in thicker oil and new technology it’s reborn . Not just North Sea but in normally unreachable places.
Kept me in pocket money for a bit longer

Great bear team are collectively pushing out new/old techniques in Alaska to get the oil out. It’s f’in fantastic
what they are doing. Snags always happen and is part and parcel of the industry. Big companies, I normally work for,
it doesn’t even get a mention because they have deep pockets and don’t have shareholders breathing down there necks.
Coulda woulda shoulda was an early farmout before this drill
But hey

We are here and I’m pleased so far ‘with the drill’
Could have been worse :-)

Feckin SP but wasn’t going sell anyways

Those are my thoughts

I’m learning also about ‘the oil and completions’
But I know about the drilling/oil industry, in fact I don’t know much else :-)

Trust those experts not the folk that pop up on here with a poison chalice. Relax and long the outcome.

We are drilling with new technology to get to oil thought
to be inaccessible in the past .
Panr are doing something quite special and will succeed as long as oil stays high.

IMO

This is like “I’m a celebrity cyclone”

But alas they always win and feast on a 4 course meal

GLA .

www.pantheonresources.com/q-a

Try again