Member Info for Sailplane

Joe want more oil:

https://www.argusmedia.com/en/news/2269395-us-says-nearterm-push-for-oil-aligns-with-cop-26

Anyone enlighten me, please, as to who drilled the Anchois 1 discovery well and why, having found gas, they didn't then go on to develop the find?
Thanks.

Legal: many thanks for the link.

Anyone else getting chariotoilandgas.com shown as an unsecure [non https://] site?

From this article, it looks like there are issues even ‘nearer to home’ that oil & gas, that should be up on the Naughty step … or even, by the looks of it - the ‘very naughty step’.

https://uk.yahoo.com/news/eco-wood-stoves-emit-750-070026149.html

Forecast shows temperatures dropping below freezing [32F] during the days, now, as well as at night..
- soon be cold enough for making those Ice Roads.
https://weather.com/weather/tenday/l/North+Slope+USAK0951:27:US

So, according to the RNS of 26Aug21, at $80 then
Shelf Margin Deltaic -B has NPV-10 of $4,534million & Alkaid has an NPV-10 of $1,040million so just those two [ ignoring the SMD-A & C, the Slope Side Fan and the upper and lower Basement Floor Fans and the Kuparuk]
that I make as being NPV-10 of $5,574million and at 693.3mil shares = $8.03/share ~ £5.74/share !! Nice.

From the 18th Aug RNS saying:
"We expect DFIT operations and monitoring to progress over the course of the next week, after which a final decision regarding selection of method for well completion will be made. Completion operations and production testing will begin as soon as possible thereafter..."
So, very close, I'd have thought, to us getting word on the DFIT outcome.

Use this link to register for this Wednesday's 4pm [UK time] webinar :
https://www.bigmarker.com/share-talk/Share-Talk-Presents-An-Investor-Presentation-by-Pantheon-Resources-PLC

Very quiet here – especially as, at this coming Wednesday’s 4pm webinar, we hopefully will be treated to further clarification on the billions and billions of barrels of oil they’ve found. And maybe also gain a greater sense of how well the planning and funding of future testing and drilling are progressing - so as to hopefully move the market’s perception, to a far more positive valuation of Pantheon’s assets.

I thought that this rather neatly voiced a ‘come back to reality’ slap aimed at those who, having seen some rats onboard, are wanting to sink the ship, mid ocean - and they're wanting to do so, when all they currently have by way of a replacement boat, is just a few planks of wood and a couple of boxes of shiny, new nails.
https://www.scotsman.com/news/opinion/letters/i-dare-you-to-try-living-without-fossil-fuels-readers-letters-3347077
Okay, Global warming may be in a different league to rats on a ship, but I think you catch the drift.

I thought that this rather neatly voiced a ‘come back to reality’ slap aimed at those who, having seen some rats onboard, are wanting to sink the ship, mid ocean - and they're wanting to do so, when all they currently have by way of a replacement boat, is just a few planks of wood and a couple of boxes of shiny, new nails.
https://www.scotsman.com/news/opinion/letters/i-dare-you-to-try-living-without-fossil-fuels-readers-letters-3347077
Okay, Global warming may be in a different league to rats on a ship, but I think you catch the drift.

I thought that this rather neatly voiced a ‘come back to reality’ slap aimed at those who, having seen some rats onboard, are wanting to sink the ship, mid ocean - and they're wanting to do so, when all they currently have by way of a replacement boat, is just a few planks of wood and a couple of boxes of shiny, new nails.
https://www.scotsman.com/news/opinion/letters/i-dare-you-to-try-living-without-fossil-fuels-readers-letters-3347077
Okay, Global warming may be in a different league to rats on a ship, but I think you catch the drift.

So, I calc that from 22jun to 3rd aug = in 30wkg days
[thou' think there's a hol day in there too]
that they sold only some ~915,479 shares.
whereas
from 2nd jun to 22jun = in 14 wkg days
I make it as they sold 0.99% = ~6,527,745
and
from 24th may to 2nd jun = in 7 wkg days
I calc they sold 0.84% = ~5,538,692
So, if my calculations and numbers are right [ which I suggest you double check] the rate of selling appears to have moderated considerably.

Anyone any ideas as to why, after all the positive speak about our ability to drill in the summer from next to the Dalton Highway - why the whole of the summer is just sailing past, and us deriving no benefit this year from our advantageous location.
You'd think they could issue a few ~50p shares (like last time when they issued at 31p) to get some progress with the drill bit spinning.

https://www.theguardian.com/business/2021/jul/25/outrage-as-italy-faces-multimillion-pound-damages-to-uk-oil-firm

Yeah, but according to the test results, there sure appears to be a whole lot of 'jam' down there.

the afternoon's ~$3/bbl drop in Brent & WTI had something of an impact, then.

Looks like the world could be needing a few PANR sized discoveries:
“Planned investment in oil supply globally falls about $600 billion short of what will be needed to meet projected demand by 2030....."
"It’s Too Late To Avoid A Major Oil Supply Crisis"
https://oilprice.com/Energy/Energy-General/Its-Too-Late-To-Avoid-A-Major-Oil-Supply-Crisis.html

Sound familiar?
This was the Pikka / Horseshoe discovery, on the North Slope Alaska back in the 2013 – 2017 era, by Repsol / Armstrong and another partner.
In 2017, the companies announced their find, estimated to total 3 billion barrels and worth an estimated $100 billion at the then market prices. But there was only tepid interest among potential US buyers.
Eventually, though, Australia’s Oil Search Ltd stepped forwards and a deal was done.

An interesting read – (if the pay-wall lets you through):
https://www.wsj.com/articles/the-last-prospector-a-texas-wildcatter-is-tempted-by-a-final-quest-11575049890