Thread by @Scot126126

$panr $pthrf #panr
Some highlights from today's RNS which are being missed (deliberately or not) by commentators.
- "Schlumberger's report represents the most comprehensive model completed on evaluating the discovered oil resource and the productive potential." 1/

- "The Schlumberger model is extremely detailed, comprising c. 13 million individual three dimensional cells within the c. 153,000 acres of Pantheon's current leasehold."
- "This model is extremely comprehensive, having been developed over the past six months and...2/
$panr #panr

...involved in excess of 1,000 man-hours with a team of reservoir, geological and geophysical specialists at Schlumberger and is an important step toward modelling reservoir development scenarios and attracting future project partners and supporting project..3/
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...financing, which is part of Pantheon's corporate development strategy."
- " With additional drilling data points, potential exists for Schlumberger's modelling estimates to increase in the future."
- "Pantheon believe that the reservoir improves in quality...4/
$panr #panr

...to the north of Theta West #1 both within and outside our current leasehold, which is the primary reason Pantheon bid on new acreage in that area in the November 2022 Alaska lease sale."
- "The Schlumberger estimate of 775 IP 30 days is broadly in line with...5/
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...Pantheon's predictions of IP of 150 BOPD per 1000 feet of lateral. The Schlumberger estimate is actually a 30-day IP rate versus Pantheon's of an initial IP rate after clean up."
- "The well is still early in the cleanup phase with encouraging initial results." 6/
$panr #panr

- "The Schlumberger report and the derived model is a great result and an important tool that oil companies can use when evaluating our project in our data room."
- "The Schlumberger numbers speak volumes about the overall quality of the resource and provide...7/
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...valuable industry validation."
- "Alkaid #2 is a case of so far, so good."
- ".....it is still all to play for at Alkaid and we remain cautiously optimistic."
- "It will significantly enhance the intended future farmout process as this model provides potential farm-in...8/

...companies industry validation, confidence in the data and the project potential."
- " I believe our current estimate of 10% has the potential to be conservative based on what we are seeing at the moment..." 9/
$panr #panr $pthrf

Long term followers of $panr who have spent hours forensically parsing the content of their RNSs will, I trust, have raised a metaphorical eyebrow when they read "...with encouraging initial results" and "so far, so good" and "we remain cautiously optimistic". 10/
$panr #panr

The NOMAD will have been crawling all over this RNS, especially after yesterday's market response to the photos and videos from Alkaid-2. That Canaccord nodded through that wording was, IMHO, no accident. I contend the company will have provided a clear evidentiary...11/
$panr

...basis to Canaccord in order to justify such language. Think on that. I *strongly* suggest anyone interested in $panr have a read of @EnergyHobbs' timeline and recent posts esp answering questions concerning the fundamentals & implications of the flare. /end
$panr #panr $pthrf