Member Info for SeaHawk

Very interesting and the company will need to explain exactly how this will effect them eg does this mean the EIS is now 28 days etc. If it does then we could be producing very quickly ie well before 2028 which is our current time line. As always it will come down to money. Might be worth buying/renting some tankers until that connection can be made to the main pipeline.

It explains why they could not even give us a rough estimate which you would think they would have an idea of. These other companies will not be faffing around wondering when equipment will become available, they will have booked many weeks in advance if not months in advance. This is the problem of being a small company with limited resources. We really could do with a big partner coming on board, what we have is really too big for the size of PANR.

From Geodesrrock on Discord:

The companies that are using the Schlumberger Fracture Equipment are ConocoPhillips Alaska, SANTOS and Hilcorp and they all work 24/7/365 on Gravel Pads and have Gravel Roads and infrastructure. They are drilling and completing service and production wells. Since January 1, 2025 to today, there have been 74 New Permits to Drill new wells. The only exploration wells were the Megrez-1 and the SOCKEYE 2A by Lagniappe Alaska, LLC which they used Ice roads and snow roads - they declared it a discovery.

So we could be waiting a while, I really hope not.

10:05 That's assuming that whoever is using the kit is operating off of ice roads and ice pads. There are plenty of established fields with roads and gravel pads that could be using the pumps. I think we have to just sit and wait, the fact they did not even attempt to give us an idea of the possible time frame eg week/days/month when they must have some idea to me means it could be while. Does anybody have an idea if we are paying for the rig whilst we wait?

Considering all the hoo ha and back slapping that the company showed us this first result of no oil at all is worrying.

They better be sure the next level is going to produce some oil, if there are any concerns it might not, then they should jump to the next one they are sure will produce some oil. Why if you are a long term holder are you concerned about the SP I hear you ask. Well if we need to raise money for more wells then we need the SP as high as possible and not in the twenties or teens again.

Not as good as hoped today. This is going to be a difficult period, that's for sure. Lets hope the company gives a good reason why they got it so wrong with this first test. Low flow rates would be disappointing but understandable. Great flow rates but no oil at all, just water, has everybody wondering why this was not picked up with all the tests put down the hole. This will hold us back until we get oil and everybody can breath again.

The same message that the President sent when he announced he was going to nationalise Lithium producers. These socialist leaders don't really give a fig. Look at the mess the PM is currently making yet does not appear to care one iota.

Fortunately I jumped out of this one when the President started to interfere. Investing in this part of the world is a bit like investing in Africa eg very dangerous to your wallets health. Hope it all works out for you all, yet another surefire investment bites the dust.

Tony you are spot on with your analysis. Absolutely key for me is point number 2 '2) A successful flow test - one that doesn't require extrapolation of the numbers'. Nothing says more than being able to report a flow 2000bopd or somewhere in that region. This is AIM and most of us are lacking in oil expertise, so there is a large amount of mistrust and with that comes show me the oil, not that we have 80bopd and trust us when when we say our computer model says that it will flow copious amounts of oil.

I think the world has become very suspicious of computer models in the last few years. If we get some oil to flow from Magrez I would love for them to open the choke, even if for only a couple of hours and see if they get that magic 1000bopd number. I think it would help enormously.

I have asked it Stas.

Yep Stas that is what they have said, which will make even worse if we get more water. Could be a very rough ride for a while, but if you are in for the long term it will be a chance to pick up more.

I really hope you are right Sirmark, another water effort will hit us hard, despite everything this company has going for it.

I suspect it is going to take Max a while to realise that every word and statement is going to be analysed in detail by AIM investors (we have all been burnt before) unlike with the big companies he has been with, which very few investors get into the weeds like we do. Dates, programmes, minute detail needs to right otherwise hares can be set running,

I suspect some of our new investors from last week who jumped in without doing their homework have now realised that there will be no production until 2028 and are now jumping back out. To my mind his statement that the next well may be done this summer or early next year also creates confusion as I thought we were starting that well in the early summer months this year. We all know how AIM investors hate delays! Anyhow I was going to buy a load more this morning but fortunately held off. Got it right for once, not to sure I want to think about where the SP will be if we get another couple of water tests unless we can sell the water to Buxton's.

Got it Brom, I would hope the company would be all over that tomorrow first thing. We are at the stage now where the company needs to be totally professional about everything it does. It will be interesting to hear what they say, I am interested to hear how they got it so wrong and why they feel this result makes them more confident that other results will be much better. They keep talking it up so they had better be right otherwise we will be in trouble SP wise.

Where is that passage Brom I don't see it? What I get is:

Pantheon Resources (AIM: PANR) (OTCQX: PTHRF) is an independent oil and gas company, headquartered in Houston, focused on developing the Kodiak and Ahpun fields, a portfolio of high-impact oil projects on the Alaska North Slope (ANS), spanning a 100% working interest across 258,000 acres.

Independently certified best estimate contingent recoverable resources currently total c. 1.6 billion barrels of ANS crude and 6.6 Tcf of associated natural gas across the Company’s properties. All acreage is on state lands with supporting regulatory authorities and no federal land use approval required (aside from Army Corps. Of Engineers).

The ANS is a prolific oil province now regarded as a “Super Basin” which is experiencing an exploration and development revival. Pantheon' and its wholly owned subsidiary, Great Bear Petroleum, has been operating in Alaska for over a decade where over $350 million has been invested in building and appraising its portfolio and in 3D seismic.

16:52 The whole stock market is run so poorly, how difficult would it be to put a check box for the MM as too if a trade is a buy or a sell. We can send rovers to Mars but we can't tell if a trade is a buy or sell. Utterly ridiculous.

Strange how the MM have walked this down this afternoon as I cannot see any major sell off.

Yep without a doubt the 10 percenters are selling up having made enough to fill their car up. Good luck to them as I always seem to get it wrong and lose money or shares.

Yep only 90% to go to get us back where we were a few weeks ago. This share is one hell of a ride that keeps you awake at nights if you are not careful. I find a large whisky before bed settles the nerves, well that's my excuse anyhow.