Member Info for Squirrel26

Would be great if we closed above 90p today

I wonder what the lads at PANR are up to. It's been awfully quiet.

We were so close to being screwed by the last lot. They should all go to prison.

It’s got to crack soon

The MM’s are really hunting for stop losses. I ain’t selling a bean. So they will just have to stick the price up.

By any reasonable yard stick we should be well over a pound tomorrow

We are going to make several fortunes

This afternoon can’t come fast enough

Fantastic now that’s what I’ve been waiting for

Well that came out of left field

Best of luck with that Arsenal.

I for one am buying as much as I can. My reading is that Jay is basically saying, "you people have no flipping idea of the bombshell i'm about to drop", however each to his own.

If you watch the last webinar you can see that Bob Rosenthal was completely bewildered that we weren't tripping on 2 quid already. It's so frustrating that PANR aren't on the main US market otherwise this would be sky rocketing.

Am quite pleased overall. I obviously don’t love the placing, but all the angry souls here said there was going to be one, and we know AP loves a placing, so I had factored it into my thinking. However I’m very glad we are on a stronger footing with Atlas and hopefully the production forecast info suggested is accurate, obviously to be verified in October. Maybe they are trying to knock BP into shape?

Pantheon says there will be a webinar, we don’t know when it will be as yet.

Hopefully a short closing, otherwise it doesn’t look great

lived through the misery of Texas and nearly lost it all. But i'm hoping this share is going to keep going as this is very different to Texas and the team and circumstances are completely different.

And now 62.24

Price @ 61.49

Over 500 trades in less than 90 minutes.

Absolutely agree clueless, the yanks are now able to buy Pantheon on the OTC and their volumes have been rapidly increasing by the day as word gets round

Pantheon Resources plc
Management Resource Upgrade - Shelf Margin Deltaic & Upcoming Webinar Details

Pantheon Resources plc ("Pantheon" or the "Company"), the AIM-quoted oil and gas Company with a 100% working interest in projects spanning c.160,000 acres, covered by 1,000 square miles of 3D seismic, advantageously located adjacent to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to provide the following management resource upgrade on its Shelf Margin Deltaic ("SMD") sequence as well as to provide details of an upcoming investor webinar.


Resource Upgrade - Shelf Margin Deltaic

Pantheon is pleased to report that it has now completed its internal analysis of the SMD-B sequence encountered in the Talitha #A well. The SMD is the shallowest of five discrete oil bearing intervals encountered in that well. The SMD interval itself is comprised of three individual components: the SMD-A, the SMD-B and the SMD-C. The excellent quality data obtained in Talitha #A has allowed Pantheon to integrate well log response and core data with seismic petrophysics to more accurately map this interval.

Pantheon has completed its analysis of the SMD-B zone, one of the three zones within the SMD, and estimates that this zone has the potential to contain 2.6 billion barrels oil in place ("OIP") and a P50 Contingent Resource (recoverable) of 404 million barrels oil ("mmbo"). The Company's previous management estimate for the SMD was an OIP of 1.8 billion barrels and a P50 Prospective Resource of 483 mmbo across all three of its zones combined, of which approximately 265 mmbo were attributable to the SMD-B zone; being the zone subject to today's resource upgrade.

Analysis is not yet complete on the SMD-A and SMD-C zones, although as previously reported it is anticipated that the SMD-A will experience a reduction, whereas the SMD-C is broadly in line with previous analysis. When considered as a whole, management believe the resource potential of the SMD has been upgraded substantially.

Today's resource upgrade is significant in that it is both (a) materially larger in size, and (b) management believe meets the higher resource classification of 'Contingent Resource', than the previous 'Prospective Resource'. This also compares favourably to the previous Independent Experts estimate in September 2020 of 302 mmbo Prospective Recoverable Resource across all three zones of the SMD.

The geographic location of Pantheon's leases has a significant economic advantage because they can be developed from the Dalton Highway, materially reducing development costs and accelerating the time to first production and revenues. This offers Pantheon a major competitive advantage in expediting development and production compared to other operators on the North Slope of Alaska.


Farmout Discussions

Pantheon confirms that discussions have commenced with a number of groups for the purpose of seeking the farmout of a workin