Member Info for Olderwiser

Didnt age well

They are aging very well indeed, it looks just like the failure I predicted

24.8 barrels over a 111 hr flowback

Unbalanced

Did you also feel the same about 88e's peak in 2021, when the pumpers were screaming buy, what was that now, around 4.5p from memory, and now .32p, is that only 7% of its hype value

COIO

Certainly not the only reason, one of many, most of which 88e created, 25 billion shares in an unfocused portfolio of capital hungry dice rolls

The pump is still running by the way, it just wont prime this time

I get the high risk nature of oil exploration, but believe investors are owed straight bat information from the company, tell it as is actually is, so people can weigh the risks objectively

Stas20

Take a more logical stance and it is obvious what is happening here

The trade has historically been to pump this share in a co ordinated campaign, mugs arrive believe the dominant chorus of disinformation, buy the pumpers shares and then suffer losses. While the pumper bank good profit from their scheme.

My information and analysis has disrupted the dominance of the pumper cohorts uber positive media saturation,

So of course there will be a mass reaction against it, by both the pumpers and the newly indoctrinated, with personal attacks and baseless speculation on motivation.

The giant tell here is, there is no meaningful debate offered to anyone that post a sensible counter view

Thats how pump and dump schemes function, you have been around, you know this

None of those Stas20

Just a rational investor with oil industry experience, and a low tolerance for misinformation

Can you identify a single reason I would not want a good result in the SMDB, as it will prove up PANRs northern up dip reservoir

Hickory snuggled right on the borderline is a perfect location to prove up PANR resources all the way to it

Good on you Brom, keep them honest, 42 bopd average is more meaningful than a short peak flow, using peak is about as sane as using the low of 10 bopd

It will be difficult to get a direct comparison, as PANR restricted flow to minimize gas flashing in the reservoir

If 88 give the GOR and its comparable at 3000 to 4000 scf/barrel that will be a good guide

Everyone hopes for a good result, and that the 40m barrel predrill estimate for SMDB holds or improves

Almost correct Taxi, it is in US $27m, and costs 4% interest pa, paid quarterly, plus capital repayments of `~2.45m

Payable in cash or 10% discounted shares

Seahawk

Yes they could raise, drill into the Ahpun topsets, score a great set of data, come back do a 10000 ft lateral and show the market a great flow. But then it would all have to be parked until they had production, refrigeration, reinjection wells and compressors.

It would be a lot of resting capital, they don't believe is needed, as the data has already shown what is there.

They are in a great position now, permitting is a slow process, they have begun. there is no point in spending capital in advance of it being able to give a return

SAS

Would you be the co pilot they rescued from the mangrove swaps, or the one from the troughsnout district

Stas20

Everyone in the oil game knows that, production begins 2026, financing will be tailored to the cashflow required to meet that.

Not much needed now, heavy lifting/financing will be close to production revenue, as is always the aim

Don't you find it remarkable, cash flow self sufficiency can be done for $120m, that's what highly productive up dip wells do to cash flow

Cperkin

Really

Cperkin

Would co pilot be a very short Chappy

Gloat, not at all

Adding perspective to your post is all

Seahawk

Post discovery, the first step is prove the viability and economics of the fields

Achieving that for a minimum of dilution is in a fundamental investors interests. I would far rather spend a little more time, than spend a lot more money.

Getting a discovery into production by the end of 2026, is lighting fast for Alaska

Cperkin

You have that wrong, PANR current is zero bopd

But the plan is 200,000 bopd all for kick start of $120m

Stats

Imagine the horror of having 1.8 billion shares and production of 20,000 barrels/day fully self financed, to the point that expansion to 200,000 bpd is all from free cash flow

I feel for the BOD here, they have released the most significant value additive/confirmative news ever, and investors are focused on the minor items

The EURs have sky rocketed, by 350% to 456% from a base of 1 m in the planning assumptions, shown in the strategy update of Nov 2023, in which the recognition of $5 to $10 per barrel is set as a target, based on the below numbers

Well Performance

• EUR of 1 million barrels of marketable liquids

• IP30 of 1,500 bpd, First year decline 60%

• All wells assumed to perform at lowest likely level (20% downside from expected case of 1.2 million barrels per well)

hxxps://www.pantheonresources.com/index.php/investors/presentations/684-investor-presentation-november-2023/file

Up to 30 production & 10 injection wells from Alkaid & Phecda pads

• Post Alkaid-2 successful re-entry, requirement may be reduced

• 20,000 bpd marketable liquids processing capacity

To the current

Ahpun Topsets EUR 3.5 mmbbls

Kodiak - Theta West EUR 3.65 mmbbls

Kodiak Updip EUR 4.56 mmbbls

With a reduced 17 producers and 7 reinjection wells, to produce the same 20,000 bbls. Note 16 less wells for the same output

EURs like this, mean the well costs no more to drill and complete, but will return 350 to 456% more marketable liquids over its life time

The two projects just received a shot in the arm that makes the 254m extra barrels in Kodiak look like a small fish.

A whole lot of oil, is one thing, a whole lot of profitable oil is the real target

The only reservoir that may not perform to these levels is the wee 76.5 m Alkaid ZOI, but as stated earlier even an EUR assumption of 1 m barrels, is viable enough to achieve the $5 to $10 per barrel

I note that the economics of the Alkaid ZOI will be independently assessed by Lee Keeling "imminently"

Cbaron 09:02

To put the record straight on the parking of alternate vendor financing, see attached transcript of the webinar with D Hobbs stating

"33:56

We talked about how if everything came off, it might exceed the $ 120 to $150 million, that is still the case, even if the makeup of that is different than we might have imagined at the start of discussions, and of course once we've moved forward and got further appraisal

There are no reasons to expect that we can't reopen discussions with people that we parked in the short term, because they had concerns, or we had concerns about the acceptability of terms or the attractiveness of the the opportunity."

My post was stating, Even if the outcome is poor the pure data is valuable as a model input, so we do not need to agree on whether it is poor or not. My point is it is valuable in either case

The increased Ahpun East can be accessed from the Dalton highway corridor, the Sag river did not restrict their leasing strategy

A JV for access to the proposed gas pipeline is not required, 88e will be able to access it on their own merits if it gets built,

PANR have the volume of gas of the right spec, that they are willing to sell at an attractive enough price, to make the gas pipeline viable. Alaska has been hamstrung on this project for decade, because current gas producers were unwilling to commit for decades of gas supply on suitable terms. PANR may change that

Troughsnout/ Brevarthan

Finally a grain of truth in your post, it took you a while, but a sign of growth

" I'm clearly out of my depth among this august gathering. "