Pantheon Resources Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9670753 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9670753&action=detail Tue, 22 May 2012 20:17:00 GMT PADAMSTER tag:iii.co.uk,2003:tst.9670323
Also, EK had a price target of between £1-£5 - not that I bought for that reason but that is where I first read about it.

Keep the patience! By PADAMSTER ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9670323&action=detail Tue, 22 May 2012 17:09:00 GMT PADAMSTER tag:iii.co.uk,2003:tst.9669091 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9669091&action=detail Tue, 22 May 2012 12:21:00 GMT Twisle tag:iii.co.uk,2003:tst.9607983 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9607983&action=detail Fri, 04 May 2012 09:28:00 GMT spot tag:iii.co.uk,2003:tst.9549499 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9549499&action=detail Wed, 18 Apr 2012 12:31:00 GMT ParousiaXP tag:iii.co.uk,2003:tst.9546721 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9546721&action=detail Tue, 17 Apr 2012 20:26:00 GMT JAW74 tag:iii.co.uk,2003:tst.9445624 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9445624&action=detail Sun, 18 Mar 2012 10:16:00 GMT PADAMSTER tag:iii.co.uk,2003:tst.9445073 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9445073&action=detail Sat, 17 Mar 2012 22:55:00 GMT skua tag:iii.co.uk,2003:tst.9408635 Hope to see it move soon, its like a long horse race it may be at the back but it will come through in the last furlong and win going away.
good times on the way yipeeeeee By OUIJABOARD ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9408635&action=detail Fri, 09 Mar 2012 10:57:00 GMT OUIJABOARD tag:iii.co.uk,2003:tst.9398796 Brent crude rises on demand hopes
March 07. at 3:36 pm
http://bit.ly/yGOkOk By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9398796&action=detail Wed, 07 Mar 2012 15:19:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9148850 http://bit.ly/xTo4RT By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9148850&action=detail Wed, 11 Jan 2012 14:36:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9147782 11 January 2012 | 12:50pm
http://bit.ly/z9pQOL By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9147782&action=detail Wed, 11 Jan 2012 11:58:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9061994 After A Frustrating Year, Pantheon Resources Hopes New JV Partner Will Get Key Tyler County Well Drilled
http://bit.ly/sjqZGT

AGM statements don’t often make for interesting reading but Sue Graham, non-executive chair of AIM-quoted Pantheon Resources, used Friday’s meeting to provide further insight into the dismal stock performance of the past year. Importantly, Graham’s refreshingly open account also provided some reason for future optimism that the frustrations of the past two years may soon be replaced by positive forward momentum. Accordingly, the share price was up more than 15 per cent to stand at 11.25 pence by lunchtime
The main reason for the ailing share price has been the long hiatus in activity on the company’s Tyler County project in Texas. Two years ago the company was gearing up for a key second well at Tyler County, a follow-up to the VRU-1 well of 2009 that was eventually P&A after a controlled blow-out. That inconclusive well provided much encouragement that the company could be sitting on a prolific Austin Chalk field, with the joint venture upgrading average reserves per well from five to eight BCF.
But the operator, Vision Gas Resources, majority owned by Oklahoma billionaire and philanthropist George Kaiser who also owns the Kaiser Francis Oil Corp (KFOC), another partner in the Tyler County joint venture, stalled on the follow-up well, the Kara Farms-1H well, as it decided to wait for the tight rig market to soften. Given falling gas prices and rising costs, Vision Gas Resources expected rig demand to weaken leading to lower rig rates and drilling costs.
But, as Graham, pointed out on Friday, this view proved erroneous. “Rather than a diminution in drilling a major surge occurred focussed on the unconventional natural gas plays such as the Barnett, Haynesville and Marcellus shales as well as the Eagleford oil shale play,” said Graham, who said that between the start of 2010 and the end of 2011 utilisation rates for horizontal rigs in Texas, Louisiana and Pennsylvania increased by almost 60 per cent.
As we reported in August this year, however, it seemed the long overdue well was finally set to spud, with site works underway and casing purchased. But then, another issue struck: partner priority changed and Pantheon, with its 25 per cent working interest, was again left stranded with further delays to report to shareholders. With oil companies in the US now favouring oil rather than gas prospects, KFOC put a temporary moratorium on its overall natural gas exploration activities to refocus its activities on its portfolio of oil prospects. Yet again the KF-1H well was on hold. KFOC has now agreed to farm-out its 25 per cent stake in the project (albeit it remains on board as a majority owner of Vision Gas Resources) which should mean a new operator comes online and gets some much needed momentum behind what could be a very exciting drill.
After all, the drilling hiatus of the past two years has given the joint venture plenty of time to analyse the geology and that analysis has only strengthened their belief in the prospectivity of the Tyler County acreage, whatever the macro-economic outlook. It now seems there is not only the main Austin Chalk play but also a potential company-maker in the deeper liquids-rich Woodbine formation. In between the two sits the Eagle Ford Shale, the oily shale which is creating so much excitement among shale enthusiasts in the US. Yet for now Pantheon isn’t targeting this unconventional play – but that won’t stop investors from being very interested in what this well divulges about these tight rocks. First, however, a new farm-in partner must be brought onboard, a rig contracted and the long-awaited KF-1H well finally drilled. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9061994&action=detail Tue, 13 Dec 2011 08:10:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9052207 9 December 2011 | 16:28pm
StockMarketWire.com - Pantheon Resources' (LON:PANR) shares were up by more than 14% in late afternoon trading after it revealed that the lack of progress on the US Tyler Country project had paradoxically enabled a major reassessment of the acreage to be undertaken by the operator, Vision Gas Resources.

Pantheon said this analysis had served to highlight and upgrade the geological prospects for Tyler County not only in the main Austin Chalk formation but also unveiled other prospects within the acreage.

Egdon Resources (LON:EDR) has appointed Jerry Field as exploration director with immediate effect.

He has been employed as exploration manager at Egdon since February.

Field graduated from Leeds University in 1977 and has since gained over 30 years' oil industry experience working in small-to-medium sized independent exploration and production companies (including Weeks Petroleum, Triton, Ranger, Canadian Natural Resources, Toreador and Northern Petroleum).

He has a breadth of experience of exploration in Europe, Africa, the Middle East and the Indian subcontinent and has spent a good proportion of his career working in Egdon's core areas of the UK Onshore and France.

Managing director Mark Abbott said: "I am delighted that Jerry has agreed to this appointment, which strengthens the executive representation on the board.

"Jerry is highly respected in the industry and brings a wealth of experience, particularly in our core areas of operation, and he will be instrumental in developing the businesses as we begin a more active exploration phase."

French energy giant Total (LON:TTA) has increased its stake in Novatek by finalising the acquisition of an additional 2% interest in the Russian company for around $800m.

Total owns a 14.09% of share capital in Novatek.

Total is also Novatek's main international partner on the Yamal LNG project with a 20% stake.

Range Resources (LON:RMP) has obtained the necessary Trinidadian authority approvals and has successfully completed the drilling of its first rig in the Lower Forest Sands.

Following the drilling of the well to target depth, casing was set to 975 ft and the well then turned to production, with initial natural pressure flow rates of 50 bopd which has exceeded the company's targeted rates on the shallow 1,000ft wells of 15-30 bopd.

The second rig has reached the extended target depth with good oil sands and oil shows encountered approximately between 560-830 feet and 2220-2300 feet.

The initial results from this well look to have extended the Lower Forest and Upper Cruse trend to the east of existing wells and confirmed the predictions that the current well programme would extend the existing fields.

Shares in Kazakhstan-focused Max Petroleum (LON:MXP) fell after it announced that the ASK-2 well had been drilled to a total depth of 3,412 metres without encountering any viable reservoirs in the deeper Triassic section, which was the primary objective.

The well will now be completed as a production well in the shallower Jurassic reservoir at depths between 1,281 and 1,287 metres and the PM Lucas ZJ-50 rig will be released.





At 4:28pm:

(LON:AUR) Aurum Mining share price was 0p at 3.25p

(LON:BOR) share price was +2.25p at 62.75p

(LON:CHAR) share price was -6.87p at 97.13p

(LON:DES) Desire Petroleum share price was +3p at 24.75p

(LON:DGO) Dragon Oil share price was +6.25p at 491.25p

(LON:EDR) Egdon Resources share price was 0p at 12.75p

(LON:ENQ) share price was -0.37p at 93.88p

(LON:FOGL) Falkland Oil and Gas Limited share price was +1.38p at 53.63p

(LON:GKP) Gulf Keystone Petroleum share price was +4.5p at 171.5p

(LON:GPX) share price was +2.25p at 187.25p

(LON:INDI) share price was 0p at 687p

(LON:MXP) share price was -0.87p at 12.63p

(LON:PANR) share price was +1.38p at 11.13p

(L By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=9052207&action=detail Fri, 09 Dec 2011 15:47:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8992104 http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&id=8992104&action=detail Thu, 24 Nov 2011 17:00:00 GMT PADAMSTER