Member Info for SeaHawk

Price is hopping around at the moment, was up 7.5% just a minute ago and now back to 5%.

Not a great deal being made of the CEO's comment they they could become "the largest Helium producer in the world". Now there is a long way to go before that becomes reality but that alone will be worth a great many billions of $ to the company. There is a very good chance that PANR will become a very large and wealthy company in not too many years.

Just a bit of patience needed.

I am sorry to tell you that nothing has changed with the short that Mangrove have on us, unless they have failed to inform the authorities. I too cannot wait for them to be gone but it’s not happened yet.

PANR are a long play so most are just sitting tight at the moment. The news today was not really news as if you had done your homework you already knew what was announced. Flow testing will start this week and then you can expect 10 days or so before anything is announced, so first week of April before first real news. Until then the 10% traders along with the MM’s will do their thing.

Donald wants this pipeline complete and the ribbon cut by the time his term is up, so this is all going to happen at pace. Let’s hope that PANR can keep up, key to it will be if the gas at Megrez is good to go. The EIS needs sorting ASP and I strongly suspect that Scot is right in that we will need further wells to prove the concept. Going to be a very busy time for PANR in the next few years.

Come on PANR you have me wishing my life away at the moment whilst I wait for the RNS telling us it’s all happening. All you youngsters out there make the most of your time as old age hides just around the corner and before you know it your investments are no longer for you, but your grandkids.

Could be right Brom they all seem to be notified in groups of buys or sells. I cannot remember it being like that, we also seem to have the early morning drop for no reason at the moment (I strongly suspect they are collecting shares by triggering Stop Losses).. Anyhow absolutely nothing would surprise me with the state of UK markets. To say I don't trust them is an understatement.

00:54 people are de-risking before the flow test or have a complete lack of patience and are off to another share where they think they can make money.

Lots of tiddly little trades this afternoon, small time traders getting out before the next RNS. Then there will be the sell on news brigade even if it's good news. So hopefully I will be able to pick up some shares slightly cheaper.

I suspect that this has been mostly pre-sold and was what was holding us back last week. We will see. Looking forward to them being gone for good.

Strange finishing numbers again tonight, no doubt it will sort it's self in a while.

Bob there are six flow tests so it's almost impossible to guess where we will end up, just too many variables.

Taking the details from the Q&A that we will require 20 wells to produce the 200mmfc of gas first required we should be pulling in nearly a million a day profit from the oil alone. 20 x 1500bopd x $30 = $900,000. Just very rough idea of what we could be pulling in daily. There will have to be another 5 or so re-injection wells to cover off the gas produced before the pipeline comes on line and in case of pipeline closure. If Dunleavy is correct in his hopes of the pipeline being completed in 2028 then we have lots of work to do.

They also said they could not estimate what it would likely amount to, until the flow test was complete.

Slide 4 of the new presentation has added an extra 100mmbl to Ahpun East. I wonder if that is a mistake (up from 600mmbl to 700mmb) or the new expectation.

If Japan cough’s up the dosh for the pipeline, it should make for a very nice week. If not we continue to move forward under our own steam.

Not sure whats going on today but the SP is going gang busters on no new news or at least public news.

Bob yes it's a bargain but if we charged more then the initial phase 1 of the pipeline price wise would not work financially. The important bit for us is not only the sale of gas but the fact we wont have to have nearly as many gas re-injection wells. Without the pipeline 1 re-injection well for 3 normal oil wells, thus costing 10m every 3 wells. They are talking about 300 odd wells so lets say now only need half as many re-injection wells eg 50 x 10m = 500m saving which is considerable. Throw in that any excess gas we have after they have built the export terminal we will be able to sell at market rates.

Governor Dunleavy

"On the global stage, President Trump just committed to our LNG pipeline" Apparently Southy Korea, Japan and other countries want to be investors in the Alaska gas pipeline (to avoid tariffs no doubt). Pantheon have the signed paperwork to provide up to 500mfc per day of low CO2 gas which they have in enormous amounts. Yesterdays news that they are planing to have this pipeline built and running within the next 3 years means that all the approvals for PANR will have to be fast tracked in order for them to start drilling wells so that gas is available for the pipeline for 2008. It's going to be a very busy 3 years.

There is a surprise (not) we are down immediately from the take off, it’s almost impossible to read Aim. With everything that’s going on with this company and almost weekly news for the next 4 months and yet people do not have the patience to stay. The sooner we join a grown up market the better.