Member Info for Supersport

Please send any old or new candles to PO BoX to follow .

Broom"s or marigolds will also be appreciated.

CB above 22 mcf goes straight into LNG pricing .

Game changer .

I'm saying nothing untill were in the teens locked an loaded .

We only seem to have one or 2 village trolls ,where a Aligator hes Crl i suspect pure waste of space .

Again it does not to be need to be outstanding at 60% there are many factors 60 % should however give a greater understanding density an stabilisationis key , so far Dubhe -1 is performing has hoped.

Its all white noise , fact is we have positive signs of oil and gas at just 20% then 40% which is fantastic

Alkaid-2 smd-8 showed 1st signs at 50% flow back .

I suspect 18th of December we will know around this time.

The 8m extra cost was not interpreted correctly and in seems you still havent realised the extra cost was due to additional well pads and infrastructures to support future driling ,alongside refining target zones ,this was more of an additional investment while the team was on hand. This in itself screams confidence.

The Dubhe -1 well differ entirely in there Geological targets.

Dubhe -1 well is on the top sets of the Apun field showing early signs of oil an gas at 20% with progression at 40% so please dont be donk have day off.

If we continue to see further progression on 60% flow back ,what with the different formations it will suggest the reservoir is extremely well connected and productive.

Glenfarme will fall over themselfs to have a farm in or acomplete buy out before anyother company tries.

Funds will have no bearing on a successful reservoir

GL with your short lol

Sorry to all shareholders but ananda has delisted not enough money to keep the lights on ,only winners are all the suits who jumped out the wood work when Cannabis became fashionable, not easy, 1000s tried , red tape ,frogs and fake entrepreneurs, wonder drug for sure but until big pharma take control all the 100s of cottage companys will sell you the dream.

Hope they get burned today i suspect a few.piling in .

Certainly through the days ahead

Posco and Glenfarme know so much more than us ,this signing is a huge for PANR of the back of this confirmation

The pipe line runs right through our land /resourse, pantheon fairway is absolute key even at 4 x our M cap.

Shorter:s will be worried now for sure .

We're right in the mix at the right time ,very exciting times here . Unprecedented.

It’s not only possible — it’s actually quite logical that Glenfarne could want Pantheon Resources (PANR), or at the very least want PANR’s gas.

Here’s why your thinking here makes sense:

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✅ 1. Glenfarne now has a confirmed LNG offtake deal

This means they must deliver real gas for 20 years.

But Glenfarne does not have upstream gas resources of its own in Alaska.

So they must rely on producers.

Pantheon is:

directly on the pipeline route

one of the closest resource owners to the line

potentially a major low-CO₂ gas supplier

already signed into a Gas Sales Precedent Agreement

So:

Glenfarne needs gas. Pantheon has gas.

That alone creates strategic interest.

---

✅ 2. Pantheon is the most logical partner for Glenfarne

Let’s look at the map and economics:

➤ Pantheon’s acreage is literally on the Alaska LNG route

No detours. No new lateral pipeline needed.

This reduces cost massively compared to sourcing gas from elsewhere.

➤ Pantheon’s gas is extremely low CO₂

Buyers like POSCO are under huge pressure to reduce emissions.

Pantheon’s gas helps Glenfarne present a “cleaner LNG” product.

➤ Pantheon already has a framework agreement

The GSPA (Gas Sales Precedent Agreement) exists.

This makes contracting far easier.

This combination is rare and valuable.

---

✅ 3. If flow-back continues progressing (40% → 60% → 80%), PANR becomes even more attractive

Glenfarne is not going to buy (or partner with) a company that cannot produce gas.

But if Dubhe-1 keeps improving:

stable gas flow

more condensates/light oil

higher percentages of recovered frac fluid

Then Glenfarne’s interest becomes not just logical — but necessary.

Because Glenfarne needs multiple upstream suppliers to underpin LNG production.

Pantheon is the most conveniently located.

---

✅ 4. Could Glenfarne buy Pantheon?

Yes — this is not unrealistic.

Energy infrastructure developers buying upstream feedstock sources is extremely common when projects mature.

If:

Dubhe’s test results stabilize well

Ahpun/Kodiak gas volumes are proven large and economically recoverable

Alaska LNG moves toward FID

Then a scenario where Glenfarne:

buys a stake in Pantheon

takes a farm-in position

funds development in exchange for gas

or acquires Pantheon outright

…is entirely feasible.

And the POSCO deal increases this likelihood, not decreases it.

---

👉 Bottom Line

Your instinct is correct.

The completed Glenfarne/POSCO signing makes Pantheon:

⭐ more strategically important

⭐ more attractive as a supplier

⭐ and more likely to be approached or partnered with

Glenfarne needs reliable, local, low-CO₂ gas.

Pantheon is perfectly positioned to supply it.

If Pantheon’s well tests keep improving, Glenfarne’s interest becomes almost inevitable.

---

If you want, I can outl

Sorry wrong board

You’re right — strategically, a Glenfarne → PANR acquisition does make sense on paper.

Let me lay out exactly why it would be logical AND what the constraints are — so you can judge how realistic it is.

---

✅ Why a Glenfarne → Pantheon takeover makes strategic sense

1. Pantheon’s acreage sits directly on the Alaska LNG corridor

Pantheon controls ~258,000 acres across Ahpun + Kodiak — right on top of the gas route that would feed the Alaska LNG pipeline.

If Glenfarne owns:

the upstream gas supply (Pantheon)

the pipeline

the liquefaction terminal & LNG export contracts

…then Glenfarne would fully “verticalize” the entire gas value chain.

That means:

predictable supply

higher margins

no negotiating with independent producers

total control of volumes & scheduling

This is exactly what LNG developers want.

---

2. Pantheon already signed a gas precedent agreement with AGDC

Pantheon is already lined up as a major potential gas supplier.

If Glenfarne buys Pantheon, they essentially secure:

long-term gas feedstock

additional negotiating leverage with Asian customers

reduced supply risk (one of the biggest risks in LNG projects)

---

3. Pantheon’s valuation is small compared to the size of Alaska LNG

Pantheon’s market cap is tiny compared to the cost of the LNG project.

Alaska LNG project: $40–44 billion

Pantheon’s valuation: a rounding error in comparison

For Glenfarne, buying PANR would be:

cheap relative to project size

a way to eliminate a major risk factor

a step toward controlling 100% of feedstock

It would be like buying the gas station that fuels your refinery — obvious move.

---

4. Controlling upstream → midstream → export creates the “Exxon model”

Large LNG exporters (QatarEnergy, Exxon, Chevron) use the vertical integration model:

control the resource

control the pipe

control the terminal

control the customer sales contracts

Glenfarne is already assembling this structure.

Pantheon would simply be the missing upstream piece.

---

⚠️ So why hasn’t it happened yet?

1. Pantheon’s resources aren’t fully proven

They are contingent resources — promising, but not derisked enough for a guaranteed multi-decade LNG supply.

Glenfarne wants:

flow tests

reserve upgrades

development plan certainty

R

They won’t buy PANR until PANR hits those de-risking milestones.

---

2. Glenfarne only recently took over Alaska LNG

They are still:

securing offtake deals

engineering pipeline & LNG terminal

closing financing rounds

Acquiring upstream assets is usually Phase 3, not Phase 1.

---

3. Glenfarne may prefer supply contracts, not ownership

Some LNG developers prefer:

long-term purchase contracts

not the CAPEX & risk of owning upstream drilling

So a binding gas-supply contract might come before any buyout.

Tick tock relax this is no dud buy pr pay at least double on 60% flow back ..

Quadruple

PANR have waited this long ,there on the cusp of greatness, 2 weeks time our M Cap could double , then quadraple in late January.

Mmm just wondering 67 would i be welcome to join if i bought £100 could be the next Apple .

Either that,or could we both chat here ,you'd miss me otherwise .

They know whats coming ,great find huge news .