Member Info for Foxykiwi

same here...Last two RNS's are encouraging. 1) Work done complete so May production will be higher 2) Profit forecast higher in todays RNS 3) New drills so time to but on rumour and sell on news.

Cash boost is a big positive

Investing!!!! With the ups and downs, you get the moaners (Investors) and the Cheerers (Traders). I sold half at 4p knowing it would sink and just loaded another 500k at 2.6p. Never get emotionally attached to a share, you'll end up on Prozac

after hours RNS. Alot of happy people got in today at very good price and made their weekend. Holder hump will rife, but hey, thats trading for you.

Thank you VAL!!!!! Extra 500k in several batches

Surprised people were sucked in so much by the rampastic herd.

good bet on wafer thin margins? Plank Investor thinking comes to mind. Busted balance sheet and debt isnt making this worth buying. SP is priced low as they know investors are all to wary and look at the chunky fees involved. Im a monkeys uncle if the whole of the rights are taken up. it is clear that this is going to be a long term under performer. Shorters will make money, but not on the shares going down but on the difference in the shares and theoretical value of of them.

and great product. Opened short as too much one dimensional news here. Until sales and profits forecast is proved, this will settle lower eventually.

nm

clearly this will be referred to mergers and Comp authority. Get sucked in if you dare

KNOCKED OUT MY STOP LOSS. cRAFTY LITTLE BUGGERS

will flush out Pfizer and anyone else wanted Shire in the past. The board have nothing to lose by accepting the bid now as others will not want to be left out of the rare drugs market.

maybe short covering over quicker than thought. Short opened �50 pp

If this plays out like PFG after its R.I, I expecting a rise for a few days then it will sink as reality sits in.

rules itself out..expect drop tomm

Smacks of another Petrofac. Geeeze. This will hamper SP. Petrofac rose quite well even after SFO intervention, so any guesses which way this will go over next few weeks

shareholders intend to vote for it. Massive share dilution coming and they will mop up on the cheap. 'Im opening a short @ �500 pp

Pantheon Resources plc Operational Update Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a 50% - 75% working interest in several conventional project areas in Tyler and Polk Counties, onshore East Texas, provides the following operational update. VOBM#5 - Frac operations Fracking operations commenced at VOBM#5 on 27 March 2018. The frac was executed on plan and on schedule with all frac fluid and proppant displaced as anticipated. After weather delays the well was placed into test on 30 March 2018. Gas production commenced in the following days along with frac fluid and later formation water. The well was shut in for a short period to observe shut in pressure build up and then tested again. Following the recommencement of testing and after recovery of the majority of the frac fluid, the well tested at an average of 1150 mcfpd along with 170 bwpd and no oil, on a 10/64ths choke and 5900 psi flowing tubing pressure. During testing the well began freezing up and production flow was interrupted repeatedly. A decision was made to shut the well in until heaters become available, which is currently anticipated to be during the week commencing 9 April 2018. Testing will resume once these have been fitted. Based upon the extremely good log responses for VOBM#5 which showed 60-feet of net pay in the targeted Eagle Ford sandstone, and which appeared superior to the logs of our VOBM#1 well and of comparable Double A Wells field wells, we expected to see very good flow rates. Therefore, the produced volumes of water and the fact that no oil has been produced is unexpected. It is believed that the frac most likely went down a fracture plane into a deeper water source which was not seen on the logs and the water produced is impeding hydrocarbon production. Additional analysis is being undertaken in conjunction with third party experts to better understand the behaviour of VOBM#5 and to determine the appropriate course of action for this well and our West AA acreage in Polk County. By comparison, the nearby VOBM#1 well produced during its testing period at over 6000 mcfpd and over 500 bopd without formation water prior to its shut-in and the collapse of the casing in that well. The presence of such quantities of water in this well is anomalous when compared to all our other wells and to those wells which we believe to be analogous in the Double A Wells Field, none of which produced water at these rates, and all of which produced oil/condensate. VOBM#1- Remediation works The Company and operator have confirmed a remediation plan for the collapsed casing within the VOBM#1 well; to conduct a sidetrack operation or possibly a redrill. It is anticipated that remediation works will take c.45 days from their start, and it is our expectation that this should significantly increase production from this well. That operation will begin

How much did you get burned by Rob?

in one month so expecting an uptick and hopefully more news before or then.