Member Info for Siggins

Lutnick talks about alaska pipeline funding.if he is talking in fact,then wow its incredible

Gaztop49..lutnick says much more than that.listen to waht he says at approx 1.12pm london.

Howard lutnicks comments about the japanese financing the alaska pipeline are incredible...am i the only person who watched it???...are we to take his interview literally????if he is talking accurately,then wowwwser

Has anyone listened to howard lutnicks interview today on bloomberg at approx 1.12 pm london time,regarding the alaskan pipeline....wowwww

The question i keep asking myself is when will usa shale production start to fall because of depletion rates and also will production volumes fall due to things like toxic shale drilling waste water affecting us shale production,such as the type of situation reported in a bloomberg article today....could Alaskan discoveries become increasingly more important to usa production....does the us government need pantheon type explorers more than people think?

Derbyshah

you are certainly confusing me.

you talk about rumours but is the rumour from from you?

correct me if i am wrong but wasnt it you who brought up the subject of bp today?

hope no one is playing games

Hi Scot..i have no idea if derbyshah is on the right track or not ..i fully get your scepticism and i always appreciate your extremely knowledgeable input and have learned so much from you on here.

However in various capacities i have been around and done business with the oilco world and independent oil trading world for well over 30 years and have seen them make many u turns in various aspects of their business where they blow cold for several years only to want back in when circumstances change.

Now that BP have a change of leadership and under under pressure from a certain activist , a u turn maybe easier.

Just to repeat i am not saying derbyshah is right or wrong,i have no clue either way,but in light of BP,s seemingly desperate needs to rebuild their production and reserves, plus limited cash compared to the other majors, it wouldnt blow my mind as a complete shock if BP considered returning to Alaska, especially if by doing so meant buying a company that had potential oil and gas resources together with the added bonus of a ready made team of experts and that the company had the potential to supply cheap and desperately needed low co2 gas that was both vital to the state but also to the country.

Where else can BP find potentially low buy in potential now that so many historically friendly exploration countries are off limits and where the Permian easy pickings appear to have dried up and breakevens are escalating?

The offshore finds in the gulf mexico seem to produce smaller discoveries,let alone the enormous offshore cost.

Guyana dominated by exxon and brazil flooded with domestic exploration,leaving Africa with its list of headaches.

The middle east control more of their own destiny now and the majors are bit part players relative to the old days.

So Alaska could become a vital play for western olcos.

Who knows where this will all end up,certainly not me.

Thank you Sirmark and Brombarb.

A long wait for the results then.

Thank you Sirmark and Brombarb.

A long wait for the results then.

Anyone know when the show me well is expected to have results please?

Scot,i appreciate that what i am about to say is maybe a little far fetched,but given the importance of Pantheons gas volumes and it,s CO2 content,plus the importance to Alaska,s domestic gas supply and the nations attempt to reduce its deficit by exporting LNG and the vital needs of the Alsakan military base to not rely upon LNG imports,shouldnt Pantheon be pushing for a government grant for the testing costs at Dubhe,especially as they will be selling the gas ex pipe at an incredibly low unit cost of 1usd????

Or are you trying talking it down so that you can buy in cheaper?

Abacus.

Do you have a very large short position in Pantheon resources?

Johnhenry...

But i obviously do take your point that a lack of success in Megrez would not be seen as good by many .

I have no idea which direction the sp will or should head towards but its just interesting to say how the sp has reacted to the latest RNs if indeed the reaction is as a result of that RNS.

Thank you NOMAD.

Much appreciated.

Thank you JohnHenry for being kind to take the time to respond..

I am not sure why they would want to de risk more today than than yesterday,but i guess these things are not always completely rational.

If the pipeline does end up happening,doesnt that pipeline also depend on gas from Pantheons other areas such as Aphun West and Kodiak,where various IER,s have been obtained,so even if Megrez wasnt a success,the deal with AGDC could be used develop those volumes?

Clearly we all want to see Megrez succeed,but Pantheon is more than just Megrez

I apologise in advance for what must be obvious to others,but why is todays RNS being taken so negatively by the sp.

Anyone able to enlighten me please?

Thanks very much blackadder2708.

that you tube was very interesting.

With the recent sp rise people seem to have forgotten about the question of the possible AGDC pipeline.

It seems to have been overlooked that european and far eastern nat gas prices have soared recently,which may make some people realise the potential dangers of relying on gas imports, if that is the route the government decide to finally take.

I guess this is something that the bears dont want to talk to about.

Thanks Tony for what y0u have sent so far.