George Frangeskides, Exec-Chair at Alba Mineral Resources, discusses grades at the Clogau Gold Mine. Watch the full video here.
Oilbcnu...
Doed this help...
Panr short positions
https://shorteurope.com/details_company.php?company=Pantheon%20Resources%20Plc&land=united_kingdom
Https://ukinvestormagazine.co.uk/pantheon-resources-latest-report-validates-the-massive-scale-of-its-1bn-barrels-kodiak-resource-shares-up-15/
Management's estimation indicates that the combined stream of oil, condensate, and NGLs can yield approximately 90% of the value of the Alaska North Slope price per barrel.
Cheatham outlined the company's future plans, specifically regarding the Kodiak project. Pantheon Resource intends to drill the next Kodiak well in an area significantly up-dip from the previous Talitha-A and Theta West-1 wells. The decision is based on the anticipation that the lower depth of burial in this area will lead to improved reservoir characteristics compared to the previous wells. This strategic approach underscores the company's commitment to optimizing its exploration and production efforts.
https://www.marketscreener.com/amp/quote/stock/PANTHEON-RESOURCES-PLC-4006002/news/Pantheon-Resources-announces-independent-expert-estimates-962-million-barrels-for-Kodiak-field-44766465/
Typo
After GKP....many LATE arrivals
I wonder how many are back again after missing the HUGE gains made by many loyal investors in Gkp?
I am one such investor. Yes i did make a lot but still sold out too soon. Had i known hoe high Gkp was to go...say no more, i could easily have tripled my profits?
This is my second REAL chance...i will not sell in such a hurry this time.
We are in a great position.
I have tried to make some comparisons with multi bagger Gulf Keystone. Personally PANR gets the nod from me mainly because Kodiak Island id not in a hostile country with external claims to the oil and licences
GKP is in a very hostile partvofcthe world Kurdistan and they were putting pressure on Gkp for delivery of monthly oil quotas. What with court case claims against the then Ceo Todd Kozell and his wife's expensive divorce case all went against the company even though the SP hit highs of 262p to 430p from as low as 5p to 9p in 2008-9.
Seeing that GKP was 14yrs ago my comparison doesn't go very well suffice to say my personal choice if the two companies began at the same time would be PANTHEON simply because (as far as we know) they are a less problematic oiler than GKP with no political claims or private claims and or problems with protesting conservationists.
With this in mind i would eXpect PANR to be even more profitable over a similar period in years.
But you just did Rick....
I have researched all recent articles on PANR....and i am convinced this is the stock to be in for the forseeable. Nothing negative found DYOR any frigging research. GLA
Https://www.pantheonresources.com/
https://uk.investing.com/news/stock-market-news/pantheon-resources-hails-big-deal-as-independent-report-suggests-huge-alaska-field-3137208
Active shorts on Panr
https://shorteurope.com/details_company.php?company=Pantheon%20Resources%20Plc&land=united_kingdom
Https://uk.investing.com/news/stock-market-news/pantheon-resources-hails-big-deal-as-independent-report-suggests-huge-alaska-field-3137208
Active shorts on Panr
https://shorteurope.com/details_company.php?company=Pantheon%20Resources%20Plc&land=united_kingdom
Pantheon said the estimates are also of material value as the fluids identified can be blended and underpin the development plans for the Kodiak project, which will involve the development of leases totalling some 126,000 acres
Pantheon plans to drill the next Kodiak appraisal well in recently acquired leases some five miles northwest of Theta West-1.
Bob Rosenthal, Pantheon's Technical Director, added: “For perspective, it is very rare to see certified resources of this size, particularly onshore and near to infrastructure.
“NSAI's evaluation of Kodiak is a transformational milestone on the path to commercialisation. I remind shareholders that this report on Kodiak only covers the Lower Basin Floor Fan, based on three wells and our proprietary 3-D seismic data set.”
Pantheon Resources hails 'big deal' 29 Aug 2023
Pantheon Resources PLC
Huge Alaska oil field
Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) said an independent report has estimated almost one billion barrels of oil at its Kodiak project, formerly known as Theta West, in Alaska.
Netherland, Sewell & Associates (NSAI) carried out the assessment with 2C or mean average contingent resources estimated at 962.5 million barrels, a low estimate of 437.8 million and 2.01 billion in a best-case scenario.
Jay Cheatham, Pantheon's chief executive, said: "This really is a big deal. A credible third-party estimate of nearly one billion barrels of recoverable liquids for a company the size of Pantheon is an incredible achievement, validating our geological model."
Pantheon said the estimates are also of material value as the fluids identified can be blended and underpin the development plans for the Kodiak project, which will involve the development of leases totalling some 126,000 acres
Pantheon plans to drill the next Kodiak appraisal well in recently acquired leases some five miles northwest of Theta West-1.
Bob Rosenthal, Pantheon's technical director, added: “For perspective, it is very rare to see certified resources of this size, particularly onshore and near to infrastructure.
“NSAI's evaluation of Kodiak is a transformational milestone on the path to commercialisation. I remind shareholders that this report on Kodiak only covers the Lower Basin Floor Fan, based on three wells and our proprietary 3-D seismic data set.”
David Hobbs, Pantheon's executive chairman, noted that NSAI conducted an intensive review of the data, adding: “We remain on track to meet our strategic goal of delivering sustainable market recognition of $5 - $10 per barrel of recoverable resources."
NSAI has now been commissioned to complete a similar report on the Alkaid horizon at the Ahpun project, with expected completion in the final quarter of this year.
https://uk.investing.com/news/stock-market-news/pantheon-resources-hails-big-deal-as-independent-report-suggests-huge-alaska-field-3137208
SirJames....(Just looked in….WOW! Well done everyone)
And....well done for looking in...
I have come across many a rising stock the same way by looking in?
Rick eXpect s pause around 70p-90p as condolidation and re-assessment allows the needy to br greedy. Profit taking will come b4 we takebthe next leap over 100p.
Then Panr hopefully will be updating the market. Possible on good results to see the sp (eventually) climb to over 200p and beyond.
Ceo may offload a big wadge of shares...they nearly always do..
...let's see. I remember IMM Ceo offloading millions shares at regular tranches until he was cleared out. Pi's lost thousands...bloody r/soul
I have waited years for another GKP.
I hope PANR is THE NEXT Gulf Keystone?
F1driver...yrs 14yrs ago now i forgot hoe high it went...but what a ride...everyonr made
Money...jeeez. I have waited years for snoth
Kodiak oil fill could br another GULF KEYSTONE. Back in Aug 2009 their massive Shaikhan1 discovery was est at 1bb. As the weeks rolled on the estimstes kept riding. Shaikan is now thought to be do massive it is sd big as GreaterLondon. "Fill to Spill" as stated st the time. It took 17months to drill until thr discovery was confirmed on Thurs morning of Aug 6th 2009.
Honestly the shares eent up so fast many just panic sold and kept buying back. I bought at 9p and 14p and kept buying snd selling over the next 6 days finally sold all at 110p. It then hit a high of 262p.
Todd Kozell said in 2007 talking to Ross Greenwood (RedHotPennyShares)
"When you reach the Shaikan Valley you can smell the oil ftom 5 miles away. The place reeks of it sndvit seeps up through the surrounding rock strata above ground, we knew there was so much oil down their the pressure was forcing up into the surrounding hills. I used to salivate just thinking about it" he added "We Know it is there but the drilling will take many months"
Panr may increase estimates over time as GKP did. THE Kodiak fields are remote and could hold sd much as 12bbs just as did Gkp after monthd of drilling and testing.
Gla
Reminders of what Panr have at Kodiak Island....
This really is a big deal. A credible third-party estimate of nearly one billion barrels of recoverable liquids for a company the size of Pantheon is an incredible achievement, validating our geological model."
https://www.marketscreener.com/amp/quote/stock/PANTHEON-RESOURCES-PLC-4006002/news/Pantheon-Resources-shares-up-on-resource-estimate-for-Kodiak-44719448/
https://www.ogj.com/exploration-development/article/14298311/pantheon-resources-to-develop-kodiak-project
BaronWoffett says BUY Panr....i did ny dumping Vast a few days ago and i am back in profit already.
Panr will regain a year's losses on Kodiak Island Project within 6 months on really good news last week. Short squeeeze in progress!
I"m not going to predict the new highs or hoe quick we will get there.
Best just hang on and wait and let the sp just sail over 150p+
Kever how does Mangrove grt out of the hole they are in. And if they do nothing what does the MMs do?