Pantheon Reources PLC (QX) (PTHRF) Share Price

today's trades seemed to be backfilling by mm's

PTHRF,,,another nice gain today

PTHRF,,,very nice gain today

some spiking,,,going up,,liking that

news from Pantheon Resources (PANR.L PTHRF P3K.F) announced the Megrez-1 well as a discovery in the eastern topsets of the Ahpun field. The well has reached target depth and the company has run production casing in anticipation of long term testing commencing early 2025. The well has discovered a large light liquids hydrocarbon column based on logs and gas chromatography and analysis indicates three hydrocarbon bearing zones over an approximate 1,260 foot vertical section, including the two primary objective formations. Separately, Pantheon announced results for the year ended 30 June 2024. The company reduced its convertible loan balance to $17.2 million as of 9 December 2024, further reducing to $14.7 million on 13 December. As of 9 December 2024, unaudited cash and cash equivalents totalled $23.7 million, which are currently funding the ongoing Megrez-1 well operations, with the majority of the costs remaining to be spent. Per David Hobbs, Executive Chairman, the past 18 months have seen extraordinary progress in three key areas. Pantheon received independent validation of the company's contingent resources base at 1.6 billion barrels of ANS crude, funded and is executing[[b]u] the Megrez-1 well programme, with its potential to add up to a further c. 40% to the overall resource base and secured a path to potential monetisation of the 6.6 trillion cubic feet of natural gas in a way that may support the development capital needs from Ahpun first investment decision.[/u] The main challenge for the share price has been and remains the convertible debt and until it is gone, the share price struggles to rise, increasing the dilutive effect of financings

mm's keeping it down while someone is loading

quiet board, very quiet

PTHRF,,,last post,,very good mews,,,very good

Pantheon Resources (PANR.L PTHRF P3K.F) announced the Megrez-1 well as a discovery in the eastern topsets in the Ahpun field. The well has reached target depth and the company has run production casing in anticipation of long term testing commencing early 2025. The well has discovered a large light liquids hydrocarbon column based on logs and gas chromatography and analysis indicates three hydrocarbon bearing zones over an approximate 1,260 foot vertical section, including the two primary objective formations. Separately, Pantheon announced results for the year ended 30 June 2024. The company reduced its convertible loan balance to $17.2 million as of 9 December 2024, further reducing to $14.7 million on 13 December. As of 9 December 2024, unaudited cash and cash equivalents totalled $23.7 million, which are currently funding the ongoing Megrez-1 well operations, with the majority of the costs remaining to be spent. Per David Hobbs, Executive Chairman, the past 18 months have seen extraordinary progress in three key areas. Pantheon received independent validation of the company's contingent resources base at 1.6 billion barrels of ANS crude, funded and is executing the Megrez-1 well programme, with its potential to add up to a further c. 40% to the overall resource base and secured a path to potential monetisation of the 6.6 trillion cubic feet of natural gas in a way that may support the development capital needs from Ahpun first investment decision

Pantheon Resources (PANR.L PTHRF P3K.F) noted the announcement made by Alaska Gasline Development Corporation stating that the Alaska Industrial Development and Export Authority has approved a resolution to negotiate a letter of credit with the Alaska Gasline Development Corporation to backstop the costs of front end engineering and design on Alaska LNG Phase 1, the in-state pipeline portion of Alaska LNG. The importance for Pantheon is that the resolution is a key step to securing private investment in the project and moving to a final investment decision. Pantheon and Alaska Gasline Development Corporation signed a gas sales precedent agreement in June 2024 which includes, among other conditions, a requirement for the Alaska LNG project to reach final investment decision. The value of a take or pay contract under a gas sales agreement based on the terms of the gas sales precedent agreement, if finalised, could potentially allow Pantheon to secure funds required to cover capital costs from the point of Ahpun first investment decision to cash-flow self-sufficiency…more

PTHRF,,,1.7million traded today

PTHRF,,,soon, my friends, soon

why the question ?? relevance ???

PTHRF,,, https://www.facebook.com/AKGaslineDevelopmentCorp/

Anyone holding from dollars

Maybe trump will buy, 1,000,000% speculating

Interesting post about trump

Wonder about stock price

PTHRF,,,https://www.facebook.com/AKGaslineDevelopmentCorp/

PTHRF,,,LNG pieline,,,The backbone of the project is an 800-mile pipeline starting on the North Slope and terminating in South central Alaska. With the pipeline will come a stable supply of natural gas for Alaskans, ensuring they have access to a long-term and affordable gas supply for home heating and industrial needs. This economic resource will also drive multiple industries for Alaska including refining, mining, and other industrial developments throughout resource-rich Alaska. The pipeline will transport North Slope resources to Nikiski for export to international LNG markets, ensuring demand and spurring new exploration projects throughout the state.

800-mile (1,287 km), 42-inch (1.1 m) diameter natural gas pipeline.
Multiple interconnection points for in-state gas distribution.
Eight compressor stations.
2,075 psig (143 bar) operating pressure.
Average throughput of 3.1 billion cubic feet per day; maximum capacity of 3.3 billion cubic feet per day.

https://agdc.us/alaskas-lng-project/project-overview/the-pipeline/

PTHRF,,,,PRICE BOUNCE

Hell yes! Let's ROCK N ROLL!!!

Trump backing for Alaska gas pipeline boosts UK-listed Pantheon

Company announces plans to start drilling in the region after president-elect vows to ensure the project gets built

https://www.thetimes.com/business-money/energy/article/trump-backing-for-alaska-gas-pipeline-boosts-uk-listed-pantheon-0bvt267rd

GLTA

$PTHRF PTHRF $PTHRF

TRUMP ENDORSES ALASKA NATURAL GAS PROJECT

PTHRF,,,Trump Endorses Alaska Gas Pipeline Alaskan Governor Mike Dunleavy posted on Friday (8 November 2024) an address of President Elect Trump on Facebook in which Trump endorsed an Alaska natural gas pipeline. In our view, Trump’s endorsement of that pipeline is unequivocally positive for Pantheon Resources because we believe Pantheon Resources has assets that are uniquely advantageous – having a very low CO2 content relative to Prudhoe Bay’s natural gas and being located immediately adjacent to the pipeline’s right of way – to provide the natural gas supply into that pipeline. Although not mentioned by name, President Elect Trump is clearly referring to the AGDC pipeline project. We believe that for the AGDC pipeline to be a success, it will require supply of natural gas from Pantheon Resources’ uniquely advantageous assets; by implication, in our view, the progression of the AGDC pipeline will involve a funding solution to develop the assets of Pantheon Resources.

PTHRF,,,nice close today

hmmm,,PTHRF,,,up nearly 10 percent today

Wonder $10, 1,000,000 speculating

Down

https://www.research-tree.com/companies/uk/pantheon-resources-plc/research/zeus-capital/pantheon-resources-panr-ln-comprehensive-update-note/0e2946b2-05fc-4086-a989-fd08c385cb14

PTHRF,,,Comprehensive Update Note Pantheon Resources anticipates commencing drilling operations at Megrez-1 in early November, with drilling operations expected to take approximately one month to reach total depth. We believe that Megrez-1 is by far the most exciting well ever drilled by Pantheon Resources due to our high confidence that the reservoir of the targeted Ahpun East Topsets (609 million barrels of prospective recoverable best estimate resources) will be of an exceptionally high quality – success would unlock correspondingly highly prolific and economic oil wells with extremely rapid payouts (4-5 months, based on our estimates). Independently of the result at Megrez-1, Pantheon Resources is progressing towards the commercialization of 1.56 billion barrels of discovered liquid recoverable resource (2C; independently certified; 3.28 bn boe inclusive of natural gas) – setting the scene for high-impact operational and financial newsflow into 2025 and beyond.

this due to roar,,,

not much posting here ,,, pretty quiet

PTHRF,,,LOOKING GOOD TODAY,,,

PTHRF,,Company issuing interesting news last week
Pantheon Resources (PANR.L PTHRF P3K.F) announced that Megrez-1 is on track for drilling next quarter from a gravel pad adjacent to the Dalton highway, some three months earlier than an ice pad location and with the advantage of year-round operational activities. Per the company, it is a low cost, high impact exploration well with management estimating a high chance of success of 69% and targeting a P50 best estimate of 609 million barrels of recoverable liquids and 3.3 trillion cubic feet of gas. The well is targeting high quality conventional reservoirs analogous to the current discoveries and developments on the Alaska North slope and will be designed to maximise the data to be gathered. Depending on results, Pantheon will undertake an extended production testing operation. Success at Megrez-1 would represent a substantial increase to the independently certified gas resource of 6.7 trillion cubic feet within the Aphun project area which will improve the overall merits of Phase 1 of the proposed Alaska LNG project with the Alaska Gasline Development Corporation

https://polaris.brighterir.com/public/pantheon_resources/news/rns/story/w6vo5qx

price prediction,,,,,higher

PTHRF announced that it has executed a contract to secure the use of the Nabors 105AC rig to drill the Megrez-1 well in Q4 2024. The company is familiar with the rig, having used it in previous drilling campaigns. Site works for construction of a gravel pad along the west side of the Dalton Highway are expected to commence in September and upon completion of these works the drill rig will be mobilised. The Megrez-1 well is estimated to have a 69% geological chance of success and will target the topset sands in the Ahpun East project area which Pantheon estimates to contain a 2U prospective resource of 609 million barrels of marketable liquids and 3.3 trillion cubic feet of natural gas. The Ahpun East topsets are significantly shallower than the Ahpun western topsets drilled previously and per Jay Cheatham, CEO, the company believes this to be one of the most impactful onshore exploration well being drilled anywhere in the world during 2024

Price prediction

Share structure interesting

Imagine share price if this company becomes billions market capitalization, 1000% pure speculating

Interesting where headed

Revenue like a lemonade stand

Wonder if this becomes a billion billions market capitalization, speculating 1,000,000%

Getting interesting

Anyone paid 0.20 and sold at .40

thinking headed up from here

did it bottom,,,AGAIN,,,

Pantheon Resources (PANR.L PTHRF P3K.F), 88E’s next door neighbour in Alaska, announced the results of its fundraise and retail offer, which raised gross proceeds of approximately $29 million before costs at a price of 17p per share. Funds will be applied towards data acquisition, tests of multiple horizons and, in a success case, a possible long term production test at Megrez-1, as well as further development of the company's asset portfolio and general corporate purposes. 22,380,254 new shares also will be issued to the holder of the convertible bond at the issue price pursuant to the bond prepayment of $4.9 million, which reduces the outstanding balance of the convertible bond from $24.5 million to $19.6 million. Additionally, the holder of the convertible bond supported the fundraising through participation in the placing at the issue price. The company now will be able to spud the Megrez-1 well in Q4 this year and to be able to conduct extended testing on that well in a sussess case. Megrez-1 is said to be targeting a 609 million barrel resource, adjacent to pipeline and road infrastructure and analogous to other fields on the Alaska North Slope currently under development

PTHRF,, buy trend looking good thi morning

stay tuned or ,,keep watching