Member Info for SeaHawk

04:39 I see you are one of those that goes around bb and drops single snide comments. Please go away you are not wanted here.

Kat please don't tell me you invested without doing a modicum of research. There are not more wells to be drilled until later in the year. This test is one of many in the same well. Roughly 2 weeks between tests, so end of this month we should have the results of the next level to be tested.

Brom also throw in the fact they were expecting a low flow rate, which it would appear to also be wrong as it flowed extremely well. Then add in we sat like prunes for 4 months whilst they went through the results from all the tests to get it right. I would have been okey with a low flow rate, but I am not okay with zero oil and lots of water.

Bought some more this morning to take advantage of the panic but I am still ticked off as too how they got this so wrong. They had core samples, sidewall samples, wireline logs, logs while drilling etc and came away from all that very confident they had oil. So in my mind they need to explain how they got it so wrong, because the market is looking at this result and asking if they got this level wrong have they got the whole well wrong.

Not to mention lots of money spent fracking a large part of the well. So Max your first challenge is too steady the market and the best way to do that is an explanation. PS now I know why you were not at the presentation last week.

Next level is super critical now and needs to have oil in it just to prove to investors you lot know the difference between oil and water. Harsh yes maybe, but PANR has a history of messing up and I had hoped that this was all behind us.

Nope Stas this is a closed period so they will not be allowed to buy or sell.

Very difficult to buy in any numbers at the moment which is a good thing I suppose.

Ye Toxic but I bet his wife is rather unhappy today!!

Bought a few more just could not resist. But I would very much like an explanation in layman’s terms that we can all understand how this was not picked up on the well logs and why we need the high pressure pumps. Anybody out there who can answer?

Let’s look on the positive side imagine if the company had decided to also test the even lower level, there is a good chance that both levels would have been bad and we would be looking at the first two levels failing. We would be back at 10p by now, Good chance to get in if you believe.

Company needs to explain why we need pumps and why we are having to wait for them. Detail matters.

Now we know why DH was not looking his normal cheerful self last week. How did they get this so wrong. I can except happily a poor flow rate, but no oil at all! Unfortunately this will bring into question all the wire line results and core analysis. Going to be a hard two weeks waiting on the next flow test. Hang in there people.

Toxic it's a traders paradise with this share at the moment; whats more they have 6 goes at it. What did you think of DH deminer today, I did not think he was his normal chippy self and the appalling sound at the presentation was not very professional (not DH fault). If there has been a delay they should let us know as we will continue downwards if nothing is heard, it's the way in AIM.

I strongly expect that people are getting twitchy about how long it's taking to get the first flow test results out. I am beginning to suspect there may have been technical problems/weather delays anyhow we will find out in the next 7 days I expect. I am glad I did not buy more this morning and think I will now wait until we get first results. GLA

15:49 he was entirely right I have listened to the whole of DH presentation. Sound quality pretty rubbish but it's there on YouTube. Lets see if you are man enough to apologise.

Thanks Blackadder, so I would not be too surprised if we get RNS tomorrow morning. PANR like to release RNS on Thursdays. I am not saying we will get the first flow test results but they could put out the info about the next drill due to start in May ish.

I am not sure why everybody is getting so excited about flaring, Remember our mile long horizontal well flared like an enormous Bunsen Burner but produced almost no oil. Is it today that Max is presenting at some show or other.

08:37 as I said it only matters if you are planning on selling soon. What has changed with PANR? Has Trump made the oil disappear, have the flow tests failed, has the gas departed, no nothing has changed except the markets as a whole are down. The fact that the SP is down has created a fantastic opportunity to get more shares, when the fundamentals have not changed at all.

Every body just needs to keep calm, yes it’s frustrating whilst we wait but I always thought they talked about 10 days flow testing, which I never took to include the time to set up and frack and then plug between layers. I take solace from the fact that if it is not flowing they would have by now told us, so something must be happening.

The whole Trump thing only matters if you are planning on selling in the near future, we are not producing so it does not really matter at this moment in time.

Interesting I did not do a double post so must be a glitch somewhere.

Just the market resetting after being in panic mode for 3 days. PANR should be a good investment if all goes well and there is a ton of news to come in the next 6 months.