All post are my opinion. Do your own dd.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Big oil is looking to pacify shareholder sentiment by big investments in clean energy. No more are the days of "greenwashing".
Big Oil Is Spending Serious Money On Clean Energy
https://finance.yahoo.com/news/big-oil-spending-serious-money-230000836.html
That should help people understand what Troy is referring to $$$.
https://twitter.com/StockRocket1/status/1493943429084102661
$BOPO soon to be $HYFI any day now!
Waiting patiently when news drops, this is going to fly.
https://twitter.com/StockRocket1/status/1493943429084102661
GLTA
$BOPO soon to be $HYFI
Ahhh, Theta West, having now intersected 1,160 (gross) feet of superior quality hydrocarbon reservoir. Excellent work, making great progress under very harsh Alaskan winter conditions... $PTHRF $PANR ??
https://londonstockexchange.com/news-article/PANR/theta-west-1-operational-update/15328377…Quote
TweetFidelio@Fidelio35571144 · 11hSome anxious 'waits' but the stars have now aligned.
1. 100% ownership.
2. 2022 drilling programme fully funded.
3. Oil confirmed @ Talitha A well.
4. Oil confirmed @ potentially 2nd largest oilfield in Alaska @ Theta West
5. Year-round production planned @ Alkaid well. twitter.com/nqtfa/status/1…
https://twitter.com/nqtfa/status/1494079762309996555
GLTA
$PTHRF
I love this guy's timetable.
Pantheon Resources plc 15th February 2022
https://polaris.brighterir.com/public/pantheon_resources/news/rns/story/w6dzd7x
Theta West #1 Operational Update
Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas company with a 100% working interest in all of its oil projects spanning c. 153,000 acres adjacent and near to transportation and pipeline infrastructure on the Alaska North Slope, is pleased to provide the following update:
Theta West #1 - Total depth reached. Planning to flow test.
Pantheon confirms that Theta West #1 has reached total depth ("TD") at 8,450 feet having drilled through both the Upper Basin Floor Fan ("UBFF") and Lower Basin Floor Fan ("LBFF") target horizons, which are Brookian age, and having encountered approximately 1,160 gross feet of hydrocarbon bearing reservoir across both horizons combined. Data received so far indicates the reservoir quality is superior to Talitha #A, with high quality light oil encountered across the entire section. The Company is now preparing to set casing prior to flow testing within both horizons over the coming weeks.
The UBFF was encountered between 6,800 and 7,000 feet, and the LBFF was encountered between 7,450 feet and 8,410 feet depth. The top of the UBFF is located approximately 150 feet higher than pre-drill estimates. Well bore conditions in the shallower sections above the primary objective, combined with the extremely cold weather, have prevented the Company from conducting wireline operations in the open hole. However, the Company undertook Logging While Drilling ("LWD") operations which included resistivity, gamma ray, neutron density, formation density along with gas chromatography readings during drilling which has provided excellent quality data, indicating the presence of hydrocarbons in the targeted horizons some 1,500 feet structurally higher (updip) from the Talitha #A well, 10.5 miles to the southeast. Samples analysed to date by AHS/Baker Hughes, which have been contracted to undertake Volatiles Analyses ("VAS"), has also confirmed the presence of light oil within the UBFF and the top portion of the LBFF, consistent with the LWD data. AHS/Baker Hughes is yet to complete analysis of the lower portion of the LBFF.
Operations at the well site have been impacted by the extremely cold temperatures (-55-degree Celsius wind chill), which have caused some disruption through a number of equipment failures and a reduced ability for personnel to work outside in such extreme conditions. Due to the well bore conditions and weather, the Company was unable to core or to collect open hole wire line logs, however, the data gathered to date has been of sufficient quality to allow the Company to analyse the well bore.
The Company has decided to preserve the well bore and run casing, prior to undertaking cased hole logging and subsequently flow testing. As always, the Company cautions that it is too early to draw final conclusions as to the ultimate potential of the well which can only be assessed after the completion of flow testing operations.
Operational update - Talitha #A
Testing of the Slope Fan System ("SFS") is now underway and results will be reported when completed. As with the Basin Floor Fan at Talitha #A, the SFS is also a secondary target in a suboptimal location in this well, and thus the objectives for testing are to (a) prove the movability of hydrocarbons, and (b) to confirm high quality light oil. No resource estimates have been provided to date for the SFS.
Bob Rosenthal, Technical Director, said: "This an encouraging result. Our initial assessment of 1,160 feet of light hydrocarbons 1,500 ft structurally updip from Talitha, with better porosities, is in line with our pre-drill geologic model. It is very much a case of so far, so good."
Jay Cheatham, CEO, said: "We are cautiously optimistic that testing will prove the commercial viability of the BFF at this location, with all indications so far supporting our pre-drill assumptions. We look forward to updating shareholders in due course."
GLTA
$PTHRF
Looking really solid now better and better.
GLTA
$PTHRF
Welcome aboard friend great entry! News imminent! Name/Symbol change to $HYFI, business plan and contracts to be revealed.
GLTA
$BOPO soon to be $HYFI
Number 12 on the Breakout Boards.
Hello TRUSTUNITS100000, did you buy a position here?
Talk about great instincts.
These tests were performed around 10 miles away from the optimal development location. Yet despite this, the company achieved an average flow rate of 73 barrels per day over three days. And on the last day of testing, the rate had stabilized at 40 barrels.
Get ready and hold on this one is going to be wild!
https://crazygif.com/wp-content/uploads/2019/05/bull-riding.gif
GLTA
$PTHRF
Turn those machines back on!
https://thumbs.gfycat.com/FearlessSpryArizonaalligatorlizard-size_restricted.gif
GLTA
$PTHRF
https://www.barchart.com/stocks/quotes/PTHRF/opinion
Ya think?
GLTA
$PTHRF
You don't want to miss the boat on this one.
The early worm catches the bird.
GLTA
$BOPO
I can't hardly wait.
https://gifimage.net/wp-content/uploads/2017/07/anticipation-gif-6.gif
$BOPO SOON TO BE $HYFI
PETROLEUM NEWS ~ Week of February 13, 2022
https://www.petroleumnews.com/pdfarch/108494770.pdf#page=3
GLTA
$PTHRF
Pantheon: Theta West on budget (PETROLEUM NEWS)
On Feb. 7 London-based Pantheon Resources said its Alaska subsidiary Great Bear Pantheon expected to reach target depth in its Theta West 1 vertical test well that day or on Feb. 8. The company also said that “drilling is on track and on budget.”
As of late Feb. 9, when this issue of Petroleum News went to press, no further information was available, but Pantheon had said Theta West 1’s target depth was approximately 9,300 feet. The top of the formation was expected at a depth of about 7,600 feet with approximately 1,300 feet of reservoir thickness.
Theta West 1 was spud on Jan. 21 using the Nordic Calista Rig 3.
Pantheon has said it is targeting 1.4 billion barrels of recoverable resource.
Pantheon: Talitha A testing
Pantheon said Feb. 7 that testing operations in the 2021 Talitha A vertical test well have been completed on the Lower Basin Floor Fan, a Brookian aged horizon. According to Pantheon three separate 10-foot intervals were perforated over 370 feet out of 600 feet of gross section, at 9,405 to 9,415 feet, 9,205 to 9,215 feet and 9,045 to 9,055 feet.
“These three intervals were individually stimulated and flow tested, producing high quality c. 35 to 39 degree API oil and averaging 73 barrels of oil per day over a three day test period,” the company said.
On the final day of testing, the well was flowing at a sustained rate of approximately 40 bpd.
“Encouragingly, the bottom hole pressure is near to the reservoir pressure, thus providing an indication of the production potential of this portion of the oil accumulation, which is at the distal limits of the field. Future development wells would all be drilled horizontally and stimulated with multiple stage fracs, meaning that flow rates are expected to be many times higher,” Pantheon said.
Talitha A testing operations commenced over the weekend of Jan. 22 and 23, and started from the lowest formation, the Lower Basin Floor Fan.
Next Great Bear Pantheon will proceed sequentially to the two shallower Slope Fans (which will be tested together) and the Shelf Margin Deltaic horizons.
https://www.petroleumnews.com/pntruncate/108494770.shtml
GLTA
$PTHRF
Agree, when ticker change happens this moon monkey takes off.
$BOPO soon to be $HYFI
GLTA
An introduction to $PTHRF $PANR and the potential.
Long read from contrarian888 and good.
https://drive.google.com/file/d/1_ZFruiM--OFxEb2UHGUts5nFnb_qIPck/view
GLTA
$PTHRF
Number 39 on the Breakout Boards!
GLTA
$PTHRF
Here is a well worded reply today to the seekingalpha article by Laurentian Research. "Pantheon Resources: A Pure-Play Conventional Oil Developer in Alaska North Slope". (Proselenes shares his perspective).
https://seekingalpha.com/article/4457534-pantheon-resources-a-pure-play-conventional-oil-developer-in-alaska-north-slope?sht=r70gij&shu=2ifsd#comment-91470741
Proselenes
Today, 7:11 PM
Pantheon flow tested the Lower BFF at Talitha.
Lower BFF at Theta West is expected to be 11 Billion barrels of Oil in Place with a recoverable estimate of 1.2 Billion based on 11% Recovery Factor.
Given the Lower BFF has flowed very well at a distal location in poorer reservoir rock, if Theta West hits pay in the Lower BFF then it should flow well,and the recovery factor should be higher than the current estiamted 11%.
There is an Upper BFF target at Theta West, estimated if its there to be 1.1 Billion barrels of OIP and 210 Million recoverable.
So the key logging data at Theta West to look for is potential pay in the Lower BFF and any potential pay in the bonus zone, the Upper BFF.
If they both come in good we are looking at 1.41 Billion barrels of recoverable oil - however - if they come in very good, and based on Talitha BFF Lower testing, the Recovery Factor may be much higher.......and 1.41 Billion recoverable may turn into double or triple that with testing and confirmation work.
Whilst the downside of failure exists, the probability of success is quite high now........
If the wireline logging results from Theta West are good, then for sure PANR should be breaking though 200p a share and might even touch 250p a share before in depth testing.
I still think Monday next week for wireline logging results, but who knows, might be sooner.
IMO, DYOR !
GLTA
$PTHRF
From GeodesRock49 "Oilfield Slang".
Viewer Discretion Advised.
https://twitter.com/GeodesRock49/status/1491189238138028033
GLTA
$PTHRF
LOL, all good.
Welcome aboard!
GLTA
$PTHRF
Pantheon Resources
@PantheonResour1
Pantheon features in ‘The Times’ in UK this morning following yesterday’s excellent news. One small correction is that operations were ceased at Talitha last April not for safety issues, but because of the onset of Spring weather ending the drill season. $PANR $PTHRF #Alaska
Pantheon features in ‘The Times’ in UK this morning following yesterday’s excellent news. One small correction is that operations were ceased at Talitha last April not for safety issues, but because of the onset of Spring weather ending the drill season. $PANR $PTHRF #Alaska pic.twitter.com/ctAhWaEKAz
— Pantheon Resources (@PantheonResour1) February 8, 2022
Good to have you on the board with your experience, expertise and insights.
Do you hold a position with $PTHRF?
GLTU
Interesting board Tommy member follow.
Here's a good one starting to run. Pantheon Resource $PTHRF is an oil exploration co in Alaska's North Slope targeting over 2.2 billion barrels of oil sitting on state lands (less regs) experienced management currently over target and news looks great!
https://www.londonstockexchange.com/news-article/PANR/talitha-a-testing-update/15317317
https://polaris.brighterir.com/public/pantheon_resources/news/rns/story/r75nmjw
The early worm catches the bird here.
GLTA
$PTHRF USA $OIL
Pantheon Resource Management continue to impress. Looking for the next leg up.
PANTHEON RESOURCES
New video drop tomorrow - titled: Testing at Talitha #A. Premiering at 1030am GMT Tuesday. A must watch. #PANR $PANR #PTHRF $PTHRF #OOTT #Alaska #Talitha #ThetaWest
New video drop tomorrow - titled: Testing at Talitha #A. Premiering at 1030am GMT Tuesday. A must watch. #PANR $PANR #PTHRF $PTHRF #OOTT #Alaska #Talitha #ThetaWest
— Pantheon Resources (@PantheonResour1) February 7, 2022
The Nordic Calista #3 rig prepared the Talitha-A well for a smaller low cost coiled tubing unit and is currently conducting testing operations. Talitha-A was drilled last season.
I believe the rig moved off Talitha-A Jan 23rd/24th and commenced drilling operations at Theta West and at last report down 1500+ ft already.
GLTA
$PTHRF
This is a little old but scroll down. (Highlighted in red)
https://www.marketwatch.com/press-release/global-biopower-market-insight-2022-2025-estimated-to-reach-25028-million-growing-at-a-cagr-of-1048-during-forecast-period-2022-01-20
Major Players in Biopower Market Covered in Chapter 11:
? Dalkia
? Infinis PLC
? SSE plc
? Npower Cogen Limited
? Shanks Group plc
? Biffa Limited
? Agrivert Ltd.
? Weltec Biopower GmbH
? Viridor Waste Management Limited
? E.ON UK plc
? MVV Energie SG
? Drax Group plc
? Air Products and Chemicals, Inc.
? New Earth Solutions Group Limited
? ENER-G Holdings plc
? Schmack Biogas GmbH
? Glennmont Partners
? RWE Npower plc
? Biopower Operations Corporation
? Cory Environmental Limited
? A2A SpA
? BIOGEN (UK) Limited
? EnviTec Biogas AG
GLTA
$BOPO
North Slope Oil and Gas Activity Map
State of Alaska Department of Natural Resources
DIVISION OF OIL AND GAS
January 2022
https://dog.dnr.alaska.gov/Document/6DFC6EFA94224F1F00321EE8CCE70081/2022-01_North_Slope_Oil_and_Gas_Activity_Map
GLTA
$PTHRF
Pantheon ringing its own bell and rightly so.
Pantheon Resources
@PantheonResour1
Pantheon features in Petroleum News - February 06, 2022 #PANR #PTHRF $PANR $PTHRF https://petroleumnews.com/pnads/445591465.shtml
https://www.petroleumnews.com/pnads/445591465.shtml
Pantheon Resources
@PantheonResour1
A majestic photo yesterday at Theta West (TW) where it was -37 degrees F (-38 Celsius) before wind chill! TW is a giant target which if successful could be a game changer for Pantheon. #PANR $PANR $PTHRF #PTHRF #OOTT #Alaska
A majestic photo yesterday at Theta West (TW) where it was -37 degrees F (-38 celcius) before wind chill! TW is a giant target which if successful could be a game changer for Pantheon. #PANR $PANR $PTHRF #PTHRF #OOTT #Alaska pic.twitter.com/ctO7trjgAg
— Pantheon Resources (@PantheonResour1) February 5, 2022