RE: Onwards and upwards8 Oct 2025 13:16
12:35
Today's news should not be cause for any private investor to sell, I do wonder if what we are seeing are large investors selling small chunks just to keep some pressure on the price. I do know that so called "no commission" brokers mean that small parcels of shares can get traded but we do seem to get more than our fair share of low value automated trades.
As for Dubhe-1 everything so far has gone to plan, lets hope the clean up brings no issue, I am sure that after Alkaid-2 the company will take great care and all the time it needs to get a good result.
"Pantheon has not issued guidance on expected flow rates. For context, Alkaid-2 achieved an IP30 of 505 bpd (oil + NGL) from the lateral in the Alkaid horizon in 2022. A single stage frac in the topset SMD-B horizon produced 140 bpd of marketable liquids in 2023. Dubhe-1 results will be published as soon as reliable data is available. Success will be judged on whether Dubhe-1 demonstrates sustained commercial flow defined as rates that would support development when scaled to full-length laterals. Scaling to 10,000 ft laterals and multiple wells will be modeled once Dubhe-1 flow rate and fluid composition data are available"
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