Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I will admit your encyclopaedic knowledge of Jim's career is quite impressive. With such a glittering career you think he would put his name on it, I guess he is keen to avoid being associated with his libellous comments though.
Have added that to your list of lies/misinformation/misleading comments.
Might want to tell Jim about the Exxon/Pioneer deal, perhaps tight oil not quite as 'eschewed' by 'big oil companies' as Jim made out. Another one on the list. He can read all about it here.
https://d1io3yog0oux5.cloudfront.net/_404b171f358fe9ebc3974139197d205c/exxonmobil/db/2261/22154/file/Tresco_prepared_remarks.pdf
Any listening to this rubbish would do well to revisit last May's presentation regards 'Modelling Performance from Vertical to Horizontal Wells'. As shown Joshi & Babu Modelling Estimate based on108 BOPD vertical production predicts:
Initial Production (IP) = 1,659 - 2,221 BOPD @ 8000 ft Lateral
https://www.pantheonresources.com/investors/presentations/667-investor-presentation-may-2022/file
Therefore 100BPD would be quite a good result. It would appear Louis once again has used his preferred 'Pull it Out his Backside' modelling opposed to any recognised industry standard modelling. I hope Hobbs has got his Fisher Price 'My First Oil Well' set to hand for the meeting and some chunky crayons.
Very good Louis, I have previously told you Jim has blocked me on Twitter. Doesn't take kindly to be people challenging his falsehoods. Strange he doesn't post on here, doesn't seem the type to keep quiet about things.
If I am honest Seahawk, I think comments like yours regards •••••• up two wells may be more destructive to new investors than my fact check of Louis10's posts.
Which two wells do you mean? Firstly Theta West was a third party cementing mistake and they still got a flow test carried out all be it impeded. Secondly the reasons for the SMD blockage were not known and indeed still not known prior to this flow test (I asked a question on this point in recent webinar). So which two wells do you mean and what could have been done to prevent the blockage at SMD?
Seahawk, as I understand it there can be multiple reasons to choke back a well including frac management, gas management and limiting sand flow back. I am not saying these all apply here but I don't think its as simple as opening it up to get headline figures. Many wells are continually choked back for multiple reasons relating to reservoir management. I know of examples where sand consolidation treatments have been applied and the well are restricted when flowing to limit draw down and exasperate the sand problem.
Olderwiser can perhaps elaborate more (or point out if I am wrong!).
Brian/Baxi, its clear we disagree on how posters like Louis10 should be handled. My opinion is that they should be challenged utilising facts. David Hobbs plan to meet with OMJ would suggest he agrees similarly, however of course I understand your point. I recall David make similar challenges to Brevarthan on Twitter where unfortunately its quite easy to block people as the likes of OMJ, Brevarthan have done.
The reality is if people like this go unchallenged they get away with it, we just need to look at the likes of Perry and Stahel to evidence this. I had raised a complaint with FCA regards their Tweets and would suggest if enough others had done the same then they may have been stopped.
False accusations regards the company of which Louis10/OMJ have made many should be challenged IMHO. Likewise there posts where seen to be breaking the rules of LSE should be reported.
Jim meeting David Hobbs far from upsets me Louis, indeed in communicating with Hobbs he is only doing what many Pantheon investors have done already. No real surprise to see Jim behind the curve on this one, like most of his commentary/predictions.
What does upset me is the misinformation and unsubstantiated allegations of fraud made by Jim and others who Jim/yourself have supported. It upsets me because spreading false information regards shares on social media is illegal yet too often goes unpunished. Furthermore it's clear that this false narrative has exaggerated the share price fall post Alkaid 2 and financially impacted some Pantheon holders. People like Jim/Stahel/Perry that spread false information/allegations are the real scam artists here, particularly those that charge naive investors for this information.
As I have said I would gladly pay to watch any discussions between Hobbs and Jim. If Jim had any morales or integrity the meeting would be closely followed by a retraction of all his claims, an apology and a refund to all his subscribers for selling such unsubstantiated rubbish. Unfortunately the world we live in is far from ideal and allows for people like Jim/Stahel/Perry to go unpunished. No doubt Jim's version of the meeting will be a twisted version of events just like most of his other commentary.
Louis In the 'real word' people don't make baseless accusations of fraud and illegality and then expect to have a 'friendly chat' with those they are making accusations against.
The time for the friendly chat was before Jim started making his baseless accusations. However from my interactions with David Hobbs I expect him to be nothing less than professional even when dealing with the likes of OMJ.
Jim meeting David Hobbs is actually the one piece of Jim's material I would pay to see. Him sat there is his Daniel Day Lewis mask shouting fraud repeatedly like Father Jack from Father Ted while David Hobbs schools him in the data behind the project.
I don't expect any back down from Jim, his ego is far too big for that. If he has to admit he is wrong about his claims of scam/fraud etc the whole narrative he promotes falls apart.
I note Exxon's recent interest in Pioneer and talks of further consolidation in the shale patch. As a reminder Jim said that tight oil plays are 'eschewed by the experienced oil companies'. Maybe he can explain this one to Hobbs in between his fraud shouts.
https://www.ft.com/content/ad36e779-a570-45b2-b70d-72f3a61f69e1
Whilst I understand and support the intent behind David Hobb's meeting with OMJ, I doubt it will make any difference to the narrative and falsehoods being peddled by Jim and his aliases online. He has shown no desire to base his multiple false claims on facts or data, indeed the complete opposite.
As I understand it even the narrative about how the meeting came about includes more falsehoods. How do you reason with someone who shows such disrespect for the truth. Whilst I believe that types like OMJ should be challenged, and have done so myself, it's pretty clear he is driven by a desire to boost his ego and subscriptions opposed to the search for facts or the truth.
Louis, yes I can and Newanda has thankfully posted one already. There are of course
others:
https://www.lse.co.uk/rns/PANR/notification-of-major-hioldings-1w0gkug425t9q2o.html
Your claim that he is holding his entire position through spread bets is of course false (another RNS this morning to prove it) .
He is of course a committed long term holder who uses a number of financial instruments as part of his long term investment.
You repeatedly ask for links to supporting information which I provide. Appreciate if you can provide links to support your claim David Hobbs is a 'cleaner' employed by 'the group' or any economic analysis you or OMJ has conducted on Pantheon plays
Bless, Louis10 thinking Jim's blog has equivalence to Hobbs published papers with CERA and KAPSARC. Is there no end to this guys devotion for Jim , it's actually quite cute. Cute in totally weird kind of way.
Note Michael Spencer has always had CFDs as part of his core holding. A simple search of historic TR1s could have told Jim and Louis that, research isn't his thing though. Much better just chucking out wild guesses and unsubstantiated nonsense.
Also well done to Spencer on his successful purchases. Louis/Jim like many other bears fail to realise there has been far more opportunity to secure multiples by being long (as much as 2000%), opportunities completely missed by Jim/Louis, whilst the short has delivered around 90% at best.
But you and Jim haven't ran any economics though have you. That would be too much like hard work, much easier just to insinuate fraud.
Luckily though we have an Executive Chairman who has done the numbers and has put his own money behind it. As a reminder here are some of the papers Hobbs co authored on tight well economics.
https://www.kapsarc.org/wp-content/uploads/2016/09/2016-012-Kleinberg-etal_MIT-Center_Hobbs.pdf
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/43227/1296-ihs-cera-special-report.pdf
Louis perhaps you can share links to Oil Man Jim's published papers in the same area, given sharing Jim's work seems to be your area of expertise.