Member Info for Madman-Rob

****/panr1

link not working but one person managed to find it by searching panr 😊

try this:

*************panr1

if not just go to telegram and search panr

Morning.

I'm having a look at this share. I hold PANR and see they are sharing data with you.

I see you have a flow test to do but not until early next year?

By then you will have the data from Alkaid-2

Alkaid-2 re-entry has three primary objectives:

(i) to gather the best possible reservoir fluid samples for pressure-volume temperature ("PVT") analysis;

(ii) to determine initial reservoir pressure; and

(iii) test the improvements in the frac design discussed in recent Company webinars.

This should be valuable information for when you do your flow test.

I'm trying to get a feel for this company.

It's a super low entry price and looks good for a small risk.

Is there anything to drive this share before the testing starts ?

All comments welcome !

Posted this the other day:

A report will be out later this year or early next year. It suggests that approximately one third of the hydrocarbon pore space contains free gas, while two-thirds contains liquids with dissolved gas.

That will be worth waiting for.

Report:

Pantheon Resources PLC - oil and gas company focused on developing the Ahpun and Kodiak fields, onshore US - On Thursday, says Netherland, Sewell & Associates has begun preparing a report on the Alkaid horizon at the Ahpun project. This is expected to be completed in the final quarter of 2023 or the first quarter of 2024. A report on the Shelf Margin Deltaic horizon will follow.

Notes that GeoMark and SLB have completed their analysis of the reservoir fluid composition in the Alkaid-2 location. Says it suggests that approximately one third of the hydrocarbon pore space contains free gas, while two-thirds contains liquids with dissolved gas.

Adds SLB has now begun full field planning studies at Ahpun and expects to complete this during the second quarter of 2024.

A great interview from not so long ego.

RE: Proactive interview September 4th

Https://youtu.be/hFFID6g4cqs?si=qXaT-1eHrBdrV7M_

And there lies the problem with filtering.

I have written to LSE twice about this constant bombarding of this BB from this person. He replies to almost every post. Pushing information posts out of view. Thousands of posts.

LSE do nothing....... NOTHING!

It's why I set up a telegram account: PANR.

This cretin is able to flood this BB with agenda filled garbage. That upsets people.

People write once to the oilman Jim's rag and are instantly blocked.

I fail to understand his reason as it's certainly bad publicity for his awful blog.

So called Intelligent people are often full of their own ego and that blinds them and stops them from seeing the overall picture. Makes then look stupid.

I noted that Lonny, the managing director of Predator, a company that Jim often writes about, has one person blocked and that person has blocked him. It's oilman Jim of course.

Why is it that a director of a company you write about has blocked you? Is it something to do with your constant trashing of shares for your greedy and mitipulate agenda?

And now on PANR he is upsetting the management team with his FUD.

One day you will overstep the mark....

Rant over.....

Morning, a great post BVR.

Looking at this logically, apart from a delay in material/permission, what reason could there possibly be to NOT do the testing?

I agree that, maybe enough testing to confirm commerciality. Then an additional well. MOU-4 still has addition work to do.

It's certainly a great position to be in.

Unless Paul does not need to, then we will test.

Great post Rocklawn.

I wrote about buying in at a low entry price and lowering your average.

It's a good strategy if you believe in a company.

It upset a poster with a high average and no money to lower his average. But if you have funds it can be a good strategy.

Buy at 1p sell at 1.5p =50% profit. Or hold, it gives you more options.

Of course the value can still go lower. That's where we must rely solely on Block Energy to issue news that will drive the value up. It could possibly go lower that 1p. That will be determined by news and when it arrives.

We have the next well to look forward to.

The results from that well is going to be at least 3 months away.

Hopefully the other projects will start soon.

Unfortunately my funds are tied up but when I can I will certainly buy a large amount of shares. I still hold a smaller amount.

If you stop viewing this share on history and look at where they are now you will see a great little share. Certainly a long term hold but still a good punt for traders.

Just my view but after 4 years I know this company well.

The last RNS was clear but there have been various RNS's with start dates for the testing. That sows seeds of doubt. Maybe unjustified but none the less we live in a real world.

I still don't fully understand why they never tested MOU-1 but do have a few thoughts that maybe it was not, commercially, in their best interest at the time.

What is needed is a tweet.

Over to you Lonny 😁

Https://x.com/OffshoreIreland/status/1713852280603045909?s=20

Irish Offshore Operators' Association

@OffshoreIreland

Ireland has no gas storage, no LNG options and is no longer issuing exploration licences. By not issuing any new licences to secure our own domestic gas supply Ireland may soon become completely reliant on UK for #mports.

They write:

Over the past 24 hours Gas has been responsible for over 60% of our energy mix. We need a local and reliable gas source to ensure security of supply.

Gas is in demand.

Hopefully Ireland have a back up plan.

https://x.com/OffshoreIreland/status/1713883253873037576?s=20

Can we please not keep replying to the same person.

His aim is simple:

1, Driving informative posts to the bottom of the page.

2, Getting informative posts banded by adding snide remarks so people complain

3, Promoting himself so that he can control this BB .

Why the desire to respond every time?

Do you not understand that he is manipulating you into writing ?

Don't not reply.......

A report will be out later this year or early next year. It suggests that approximately one third of the hydrocarbon pore space contains free gas, while two-thirds contains liquids with dissolved gas.

That will be worth waiting for.

Report:

Pantheon Resources PLC - oil and gas company focused on developing the Ahpun and Kodiak fields, onshore US - On Thursday, says Netherland, Sewell & Associates has begun preparing a report on the Alkaid horizon at the Ahpun project. This is expected to be completed in the final quarter of 2023 or the first quarter of 2024. A report on the Shelf Margin Deltaic horizon will follow.

Notes that GeoMark and SLB have completed their analysis of the reservoir fluid composition in the Alkaid-2 location. Says it suggests that approximately one third of the hydrocarbon pore space contains free gas, while two-thirds contains liquids with dissolved gas.

Adds SLB has now begun full field planning studies at Ahpun and expects to complete this during the second quarter of 2024.

I liked these two sentences:

"Production rate of c.505 barrels per day"

"Data indicates that well productivity has the potential to improve materially based upon better frac design".

They will restrict the flow rate. Potential they could increase the flow rates to above 505bopfd if they wanted to do at a later date. A lot will depends on how the work goes.

Nice to see people not responding to the green filter that arrives each time I post!

Going though my own reasearch and very happy to read other people's thoughts and views on this company.

Ultimately, the ZOI produced an IP30 production rate of c.505 barrels per day ("BPD") of marketable liquid hydrocarbons consisting of oil, condensate and NGLs, as well as natural gas.

It then ran into trouble. I'm very interested in what they can actually achieve. They are not going for big flow rates this time and looking at improving the frac design.

Original data:

The Alkaid-2 well was drilled in 2022 and was positioned to prioritise testing of the primary target (or 'zone of interest', "ZOI"), being the oil zone successfully flow tested in the Alkaid-1 well in 2019. Testing of the ZOI was compromised in Alkaid-2 as a result of wellbore blockages, necessitating a number of cleanout and other remedial operations. Ultimately, the ZOI produced an IP30 production rate of c.505 barrels per day ("BPD") of marketable liquid hydrocarbons consisting of oil, condensate and NGLs, as well as natural gas.

As previously announced, extensive analysis has been undertaken on the Alkaid-2 ZOI results with the data supporting a commercial development based upon 10,000ft lateral development wells, a doubling of the frac efficiency to 40% and assuming no improvement in reservoir quality. The data indicates that well productivity has the potential to improve materially based upon better frac design. Tony Beilman, Pantheon's recently appointed Senior VP of Engineering, and an expert in fracking in North America, believes that with iterative optimisation, Pantheon has the potential to meet typical performance benchmarks, a 4x improvement upon that achieved in the ZOI.

One of the primary objectives of the upcoming Shelf Margain Deltaic test is to assess the efficacy of an updated frac design.

Good work Hepseal.

Solid foundation is there.

Now we need news.

Hobbs said according to the report, the 2C contingent resources of oil and natural gas liquids from the Kodiak project amount to 962.5 million barrels

Encouraging but of course they need to get it out of the ground.

I'm hoping the latest project will help with their general understanding.

Should get more information in a few weeks time.

Https://youtu.be/hFFID6g4cqs?si=qXaT-1eHrBdrV7M_