Reasons to be positive27 Sep 2018 20:46
Some of my reasons for topping up at present SP.
From RNS on 24th August 2018
- New hire, Chief amongst Prof. Dr. Van Oort's many areas of recognised expertise is his work on well construction and well performance optimisation
- Completion of the gathering line connecting VOS#1 with first production targeted for mid October 2018. Anticipated cash flow from gas sales from VOS#1 alone should more than cover Pantheon's annual overheads.
- Negotiations with the Estate of Bobby Gray, following his passing in June 2018, are at an advanced stage as Pantheon seeks to increase its working interest in the project to 100%
- In discussions with a view to concluding a farm-out of the Company's Polk and Tyler County assets. Technical due diligence is presently under way with one party having progressed to a discussion of commercial considerations
ALSO, there have been some decent large buys of late, maybe some people in the know? I expect a positive RNS within the next week. IMO and GLA
Jiff