Thread by @diegodoesdo

Looking ahead for #PantheonResources; although I expect gradual SP movement trending upward as investors disseminate/understand the latest RNS(see end of thread), below I list potential announcements/events which could trigger share price movement... $PANR #PANR $PTHRF #PTHRF

Note: This is a timeline(excl oil price vol) I have estimated based on past years. Although I expect them to occur, the timing could be vastly different. Please comment on anything I might have missed. Don't base any investment decisions on this info - it's not investment advice.

We should expect detailed @CanaccorGenuity and @WHIrelandCB notes in due course.
1. Potentially resume testing; <3weeks
2. Webinar update; 2-4 Weeks
3. Recoverable resource estimates SFS and potential for Summer Drilling; 1- 2 Months... $PANR #PANR

...4. Resource upgrade LBFF; 1 - 2 months
5. Baker Hughes VAS Analysis of Theta West; 1-2 months
6. Update on a plan for horizontal production well at Talitha #2; ~4 months
7. Production well SMD/Alkaid #2 & #3?; ~July
$PANR #PANR

1. Potentially resume testing; <3weeks
We were getting flow test updates until April 19th last year; the weather looks to clear up early next week but I wouldn't hold my breath - CG doesn't believe it will occur and mang. indicated it has enough data to move forward. $PANR #PANR

2. Webinar update; 2-4 Weeks
Last year this was held on 20th April, we were told about it on the 26th March. We should get a lot of information about the following items during the webinar. $PANR #PANR

3. Recoverable resource estimates SFS and potential for Summer Drilling; 1- 2 Months
@Flight_Useful estimated at ~250mmbo - $PANR haven't given any indication yet on this, but mentioned they would give a resource update... #panr

https://twitter.com/Flight_Useful/status/1495668314936328193?s=20&t=hMoY-onXHAX1nFWy5xfPqg

...RNS 21/2:" #PANR is greatly encouraged by these results and will provide an estimate of resource and recoverable oil in due course, once the analysis is completed and the Talitha test results are fully integrated into resource assessments and future appraisal plans"... $PANR

...Jay Cheatham: "We now believe the Slope Fan extends east near the Dalton Highway giving us additional potential resource developable from gravel along the highway."... $PANR #PANR

...This could lead to a spanner in the works; rather than drilling 2 Alkaid production wells as potentially indicated, maybe we see SFS drilled from Dalton Hwy. (This is wild speculation on my part, but it's possible and could yield great returns for the firm.) $panr #panr

4. Resource upgrade LBFF; 1 - 2 months
Bob Rosenthal, Technical Director, said: "The Theta West result and testing operations at Talitha #A have confirmed our geologic model and we are now on the path to unlocking an enormous basin play... $PANR #PANR

...As previously announced, we estimate the Theta West resource is in excess of a billion barrels of recoverable oil and after encountering better reservoir parameters in a 950 ft oil column, we expect this number to potentially increase."$PANR #PANR

5. Baker Hughes VAS Analysis of Theta West; 1-2 months
This will have valuable data, which will be independently verified, further derisking play. $PANR #PANR

6. Update on a plan for horizontal production well at Alkaid #2; ~4 months $PANR #PANR

https://twitter.com/diegodoesdo/status/1485674649665286144?s=20&t=hMoY-onXHAX1nFWy5xfPqg

7. Production well SMD/Alkaid #2 & #3?; July
We will get detailed data on flow rates and the commerciality of the wells, and if successful:
→ Trucking oil will allow a source of funding
→ Showcase the firm's abilities to move forward... $panr #panr

→ Can drill deeper than Alkaid#1; potential for resource upgrade.
$PANR: "Drilling of the well was terminated prior to the well reaching target depth for environmental reasons; the nearby Sag River flooded which ultimately led to the Dalton Highway being closed" #PANR

Updates >6months
→ Independent expert reports on Talitha and TW - Lee Keeling & Associates, Inc. (although this might come earlier or not at all)
→ Plans for next winter's production test
→ Future funding requirements $PANR #PANR

→ Farmout or buyout offers
The firm has shown willingness to move forward into production without partners, there are potential partners in the wings who have signed NDA and are monitoring
→ Plans for winter program targeting Kaparuk; Most likely contains 341mmbo
$PANR #PANR

Recent TW RNS: It seems the board went a different route on what was expected, thus the lower flow rates, but still significant. Here are Telemachus's thoughts which were posted on the Discord forum, join to see his and others' full comments. $PANR #PANR discord.gg/Rv787DKt

@energyhobbs aka Tele: "These test results are good news - although I had previously said that I thought 100-150 bopd was needed to underpin commerciality, that would have been on the basis of the whole interval aggregate rate... $panr #panr

...They chose a strategy that exposed them to a risk of operations disruption but lower cost and shorter time span. It should not matter as I am sure they have gathered all the info they need to back up Bob R’s very bullish statement." #panr $panr reddit.com/r/PantheonReso…

Note on this- we would still see an Alkaid production well, but maybe rather then second one it could be SFS