Nervousrex
11 Oct 2017
Re: Great RNS Good Progress That's probably the bit the market didn't like , as well as the "sell on news" crowd . I can see the SP positive by the end of today though .
Southmead
11 Oct 2017
Great RNS Good Progress I especially like Jay's comment on VOBM2H well,“We know that the bends and curves in the VOBM#2H well bore, arising from horizontal drilling issues, are sub optimal for completions and production. However, the well logs are exceptional and the well location, between VOBM#1 and VOBM#3, both of which will be producers, give us confidence that the well location has great potential. Our challenge now is to optimise flow rates given these factors. We will likely complete an extended test and I look forward to providing an update once testing has completed.”
tradingup
10 Oct 2017
Re: Looks ready to Roll Hub -spot on there with the sp.I continue with my own research which largely consists of reading your authoratative andknowledgable posts. I can't find better anywhere else.
Nice to Michu
10 Oct 2017
Re: Looks ready to Roll Good call there Hub on early 50's to mid 60's bounce. and indeed your continued faith generally here might even be well rewarded again going forward...Miracously - after some averaging down on a well underwater position in the 40's - I'm now back in profit here.. not sure what to do now though.. would perhaps buy more in 50's but can't get myself to do it in 60's so far .. but on good news of one form or another this can no doubt go considerably higher.. so at least a hold for me for now...
Southmead
07 Oct 2017
Kinder Morgan Gas Processor We should hear this coming week that the Kinder Morgan gas processing facility is completed at the VOBM#3 pad and that gas sales will commence next month.IMO this news will spur the SP well above 60p, capitalising PANR at a very conservative £140+M.This won't be the end of the story because in November gas revenues will start to flow.VOBM#2 flow testing results will be follow later this month and then in December the VOBM#4 wellbore sidetrack will be completed. The SP will end the year at over £1 capitalising PANR at a still modest £240M. IMHO
Hub
04 Oct 2017
Looks ready to Roll Not long now until ops are underway. The share price has been patiently treading water around teh 51p to 53p range. I would expect that range to breakout to mid 50's high 50's fairly soon assuming ops go ahead as per guidance.PANR looks cheap compared to peers and if the sector motions of late is anything to go by, it's due a decent spike higher.Currently 52.5p. Should be 65.5p based on recent sector recovery. And that's before ops begin.HUB
Hub
25 Sep 2017
Lease dispute settled Whilst not ground breaking news, no one likes disputes over assets whether boundary or right of way etc.Always important to get this agreed before you prove up the licence and commercial worth which if previous guidance is anything to go by, should be roughly 2 to 3 weeks+ before ops get underway after Hurricane delaysLooks goodHUB
Hub
20 Sep 2017
Re: Ops update tradingup,My pleasure. But in terms of 'no local knowledge' I would recommend 'always' that investors research any stock that they invest in and do thorough risk assessment etc.In terms of Pantheon, the delays have been met with the usual sp drifting but I fancy this will change once the rig is on site and news of ops commencing. In theory, it should be into the 60's pretty swiftly but in this market anything can happen (up and down).Trump and North Korea certainly an issue to watch. Have you thought about hedging by looking at GOLD focussed equities?Hummingbird Resources looks a great stock on that basis assuming mine ops complete as planned. Risks still apply.ATBHUB
tradingup
19 Sep 2017
Re: Ops update HUBmany thanks for your updates well appreciated by pi who has no local knowledge. lets hopefor better things ahead
Hub
14 Sep 2017
Ops update Bit of mixed bag.Good news is that assets not damaged and surounding area in decent shape considering the horrific conditions of late (Hurricane Harvey/irma)The not so good news is that the flow testing seems to have been put back with no clear date which is odd considering they were so close to completion prior to Hurricane issues. I suspect the problem with the rads means that any health and safty issues are now a concern as if something went wrong with flow test (explosion etc) then no emergency vehicles would be able to get there due to the roads. Gas line not ready until nov, so not a major set back but question is... how long does it take to sort the roads?Sidetrack / rig news is mixed in that it's another 4 weeks at best before that gets underway and then another 30days+ before any kind of news/data.All in all, everything looks to have slipped back by a minimum of 4 to 6 weeks based on earlier expectations.That's hurricanes for you! At least assets and personnel are all safe and ok.HUB
Hub
13 Sep 2017
Re: Post Storm Update ? There you go, SP back to 51p which is just a penny shy from where it was prior to Hurricane season in US.Next 3 to 4 months should be massive for PANR and should reinstil some confidence after a year of drifting around with minor ops catalysts. If all goes to plan 2018 should be great with cash flows funding ops and share price back above 100p again. As always Risks apply, but risk vs reward looks a lot healthier to me at 50p rather than 180p some months ago.HUB
Hub
08 Sep 2017
Re: Post Storm Update ? The sp was doing pretty well until the plethora of Hurricanes arrived on the scene. It's terrible for all those effected and many lives lost so difficult to keep things in perspective. But where PANR are concerned the main issue near term is down to operational constraints based on staff/infrastructure/equipement etc. Pretty much as per the last RNS.It's not unusual to see some derisking with events like this but overall, PANR looks unaffected due to the early stages of the developments and upcoming drill plans.Thus should they confirm they are back on track after recent delays, then SP should get back to early 50's again.Positive news on the well clean up and flows could see the sp back into the 60's as that's meaningful news.Gas pipeline plans were near completed and delays don't matter much as the pipeline is set for downtime in oct/nov anyway.Fully funded and some great ops about to get underway makes PANR a great stock to hold for those that like a bit of Risk vs high reward.If of the sensible mindsake, then waiting for the next update on operations post hurricane would make sense although likely (as seen today) that the price paid will refect the lower risk and cost a penny or two more.HUB
cwmtawe
08 Sep 2017
Post Storm Update ? Looking for a post storm update from PANR soon, maybe the cause of the +10% rise this morning?I bought a few more shares yesterday after reading that Devon Energy, working in Eagle Ford operations in South Texas, reported their post storm inspections "sustaining only minimal damage" and they had "...restarted drilling operations and expects to have the vast majority of its affected production online by the end of the week."
Hub
30 Aug 2017
Re: Bought in @ 44 I think quite a few will have topped up today and whilst there is risk attached to all ops, I don't see Hurricane Harvey as affecting ops dramatically. Perhaps a 3 or 4 week delay which in grande scheme of things means diddly squat as they are fully funded through to cash flows.Once Harvey has cleared and PANR confirm ops back on track, should see mid 50's on sp pretty soon afterHUB
Deepcut
30 Aug 2017
Bought in @ 44 PANR has been on my watch list for a while. I've taken a punt on this, fundamentals look good weather will blow over (pardon the pun).Would have got in cheaper but for TDs technical issues this morning. Hopefully my entry point is good.
