Member Info for Blackadder2708

https://www.pantheonresources.com/q-a.

Yes I’m used to skidding drill floors . In fact that’s all I’m used to apart from drill ships in the ‘drilling sector’
12+ wells 2.4m apart

Real estate is key on a offshore rigs hence the key scheduling of space management on pipe decks etc
Time being key for loading and unloading
Work with completions for requirements after drilling to manage that

That obviously doesn’t apply to a gravel pad
and this situation of course as space is already taken by production equipment and storage.
So they obviously must increase the pad size

3stand

Im interested in the 4 wells on this pad you mentioned ? This pad is a production pad also so I’m guessing the size of the pad would have to increase substantially to fit another rig on it with the drilling support module on it and the same time keep the production going with a supply to TAPs using Worley
tankers etc

Thanks
But to be honest I know more than most but I won’t pretend to know much about completions.
I’ve worked on offshore drilling platforms around the world and meet up with ‘the likes’ of energy Hobbs and Olderwiser to discuss what they need to complete a process, timescales, personnel, risk, ergonomics and space requirements.
Bpd , gas content etc etc are something I get from the experts
Like everyone else . They are wise f’in folk, so equally if they said this was **** , I would believe it. But they haven’t

I’ve worked with Schlumberger and Baker Hughes (also Halliburton ironically) and they wouldn’t endorse a project without due diligence.

Im interested in the 4 wells on this pad you mentioned ? This pad is a production pad also so I’m guessing the size of the pad would have to increase substantially to fit another rig on it with the drilling support module on it and the same time keep the production going with a supply to TAPs using Worley
tankers etc

Anyways I’m hoping a farm out soon and let the bigger outfits, sort it out. It’s what Bob says in the webinar from April (1 ¼ hour in approx in the Q&A)

“Encouragingly, despite the blockage, the well is flowing naturally into Pantheon's recently commissioned permanent production facilities”
&
“We are deliberately using a conservative approach in flow testing of not 'pulling on the reservoir' too hard, allowing the natural healing of the fractures to minimise future sand flow”

I’m guessing originally concept was to reach the desired flow rate only to get the blockage. Hence this reduced approach
today so they don’t disturb the sand that’s blocked in the remaining 1000ft. That’s good for now……
Unblock the 1000ft and get the desire flow rate.

Next well learn from the mistakes of this one. “Easy peasy” :-)

https://youtu.be/8B3KWSG8WPs

Was checking out the webinar from April
Go just before 1 hour in and you can see the modelling for
Alkaid 2 . Mike Duncan says lots of gas and what they intend to do with it.

100-150bpd

https://twitter.com/energyhobbs/status/1608775351567798274?s=46&t=4QfBmVmKRnPxCkxvvtubtA

I’ve worked in the oil industry (mostly drilling) for 30 years (still counting )and I follow guys with knowledge of “”@@completions@@ and he’s one.
Olderwiser seems to be another.

I’m not happy with drop in my portfolio but happy with Alkaid 2 and I’m convinced this will be successful. Scoff all you want
but saying how I’m thinking.
Coulda shoulda woulda ‘it’s done’
AIMO.

Now to party …….happy new year

https://www.petroleumnews.com/pntruncate/740912312.shtml

This was the article from August regarding selling gas
Pantheon to CNG Alaska

They are going to do Alkaid 3 with knowledge of
Alkaid 2 & 1. Lessons learned

If only we had a workover rig ‘on hand’ this could have
been reduced by a couple months.
Maybe a good farm in with deep pockets
But anywho onwards and upwards …..

Producing oil and gas …..BOOM

Here’s to a better 2023 and a better portfolio
Good health

They will

The oil is flowing freely yes

But they also said the flow is being choked (reduced) to protect the frack and reduced sand .

They removed 1000ft of sand with work over rig and let it flow freely

Farmout yah!!!

“Despite not being formally open, interest has already been expressed in the project(s)”

You can safely assume we will get a RNS before 2 weeks
If a winter program is going to be achieved on a ice pad
(If required obviously)
Only talitha B is scheduled at the moment I believe

What’s the drill rig etc…

I would think a mention of Alkaid 2 in any RNS would be obvious or it would be deemed negative by the markets

Brian
According to schedule talitha B was due to spud on the 23rd January. Wonder if that’s still the case

Obviously financial must be done tomorrow.

Fingers crossed for a positive end to 2022

Pantheon Resources PLC
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Ps that’s 92p (XE)

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Have a nice xmas

Question
We have established that the BOD don’t have to share flow results immediately
But can they share with potential farm in suitors before
Informing shareholders?

If you click on the link and press the play button
You can see the northern lights from deadhorse airport

Must be amazing working at alkaid 2 at night

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

86.35p finish in the US