Thanks Seahawk
Great info
Hi all
I feel the excitement rising a little now after seeing the latest video on gravel pad
Just a quick uestion it’s been mentioned target depth being reached hopefully by next Monday 1 august
This is depth bypassing original alkaid 1 and going lower to alkaid 2 and then we go horizontal
Hopefully tell us we have a greater resource here than previously expected for
Alkaid
Good
Luck all
All information from wiser people than I is greatly received
Thanks Scot for post explaining
With panr being an exploration company and not
Production I think there is a lot of wishful thinking. Around on the part of investors and this may sometimes come across as I’ll educated or even ramping
But maybe just. I know on my part more hoping for a positive result and outlook
Good luck to all
Otc usa showing 1.20 cents
Equates to over £1
Let’s see if we can open tomoro at that
Significant threshold I believe as stops being a penny share to a pound share
Banks and institutions may look positively at this
Just my thoughts guys nothing ramping
Dyor
How is it 28 trades today totalling £45k not all buys and creates a massive 10% rise of approx £8 million+ on value of company
Never will understand the aim market ????
Whilst sp of all shares are all over the place at present
Just a thought
The guy or company whom offered a ten digit figure last year to jay for a small percentage of the company on a results basis which we do nt know the exact terms of
I I was him over the last few days I would be filling my boots at anything under. £1. And amassing
If he was that interested and convinced this company was going all the way
Wouldn’t you !!!!
Very exciting to see in the flesh
How does 108bpd. At 6 ft interval play out with alkaid 2 and a horizontal at 8.000 ft with. 30-40 fracs on just one drill
Imagine 20 drills over the play with oil at $1.20 and possibly rising to $1.60 a barrel with extraction costs approx $40 barrel
No need to go to market and any more share dilutions I would think or bank or institution funding easier rather than a farm in partner and giving up percentages
Any thoughts all
Went on to internet to try understand what uncrossing was and apparantley it’s when a sale
Matches the same
Figure as a buy at the end of a session
Does this go in our favour or against
Hi Neil and thanks for post
Forgive me if I’m wrong but was always of the belief from jay that’s his not interests in being a producer with alkaid2 aside and to rather prove up and sell up
His not getting any younger and don’t think the plan was to keep going for am u more years
For many hundreds of wells over the acreage talked about would take one of the. Big players to come on board and
Make happen we are far too small
Re potential income from alkaid 2 well being drilled and hopefully producing this year
I never believed it was thought it would fund future drills but possibly contribute toward s company staff running costs and keeping the lights on with a small profit to boot
Farm out partner was always on the cards going forward or another share placing as last one was oversubscribed and put to bed in hours without the need for partner or bank financing
Just my thoughts
Thanks for post Seahawk and I’m sure sentiments are shared by all
Acts of nature uncontrollable but human error possibly avoidable
I appreciate too this is oil exploration and it comes with all risks
That’s why we’re at £1.09 and not £5 at present
But with alkaid being on Dalton and taps close by and all year. Workable site any problems we will have timeframe to remedy
My thoughts only plus a few quid in the bank too doesn’t hurt
Good
Luck all
Amazing time to get in now before July spud
I bought another £50k myself today
Defo feel it will get to £1.57 before then
Successful alkaid 2 and will fly
Mad market reaction on words from a broker with a negative comment
As they say listen to webinar and follow the facts
Hold tight always
Thanks show for posting
But if a heavy read
But last paragraph or two most important
Full approval given subject to amendments approved
Green light I take it then
Fingers crossed all steam ahead and production and fill sales follows
Webinar Monday looking forward too re
Horizontal
And vertical
Well differences by Bob
All Fingers and toes crossed
Good luck all
Hi Scott and all
Thanks for all input helps us less knowledgable get a great insight to what’s going on
And explaining terminology
I get from the interview. Last years offer of a 10 digit deal was On a three stage proviso with a tiered percentage limited percentage to no more than 49%
If theta and talitha recent drills and flow of oil was first proviso
I imagine as mentioned alkaid 2 horizontal
And trucking of oil and selling proviso 2
And finally next winters second drills at theta and talitha being successful proviso 3
Taking on board a farm in partner I. The fall would certainly help with financing next winter but not totally
Needed if deal is not right for us and company
What’s your thoughts
IMHO
Amazing post thank you
Very insightful
I think what is evident totally here
Is
Alkaid must flow. And oil be sold
Pantheon then is a producer and we have money going into the bank
As also said before institutions will sit up and look at us as we then have a steam of income
That said I’d prefer to sell out 50% of the company for 5 b and retain the other half and go on a free ride to see where it takes us
IMHO only
So many. Conspiracy theories going around just now because of small sp decline
I appreciate points of view and opinions but not deramping or ramping up
Low flow rates poor porosity etc etc
Wasn’t the general upshot I got 10.6 miles of connected. Reservoir more than 1000 deep both plays flowing
And unlike Armstrong deal 5 or more years away from infrastructure completed production of first oil we are on it in July selling by October on a 52 week a year plan on gravel pad with reduced costs being on highway and on taps
Just stay strong
500. Alkaid mill barrels min
What’s more to say
Just my opinion
Out and about in Windsor today beautiful day at the castle and queens birthday too
So excited for webinar Tuesday and possible rns in morning
And potential resource upgrade and possible farm in partner too. Waited for this for a long time
As I’m sure lots in here have
With cash reserves high for another year to carry through and all drilling results positive without tempting fate can only see upsides to where we are at now
Fingers crossed and good
Luck to all who have held firm
Patience will be rewarded
I’m personally waiting for jay and Bob to accept an offer and put it to us so I do t have to sell decode when to sell as sure jay will get the best deal possible for us holders
Hi. Newanda
Is gentleman not correct 20 billion barrels in place which I’m sure it was 17 billion once read but happy to stand corrected and 2.2 billion of that recoverable
And hoping next week for an upgrade to both these two figures
Also to add the percentage pantheon is quoting from oip to recoverable is lower than the industry standard percentage figure quoted by others
Anothe day of consistently trading over 2000 trades plus
Amazing numbers and interest
Hi Scot thanks for explaining that. Re the wells
So talitha and theta even though oil has been discovered and flowed are still deened exploration and so have to go back to become appraisal wells possibly next year
Very exciting for alkaid in th summer would you agree