mroil
- 30 Jun 2008 11:56
news anytime.poss 2.30.dyor
mentor
- 02 Jan 2017 00:11
- 48 of 51
PANR in today's Daily Mail - 31 Dec 2016 - the Market Watch section. All good PR.
"Also enjoying an end of year boost was energy exploration firm Pantheon Resources. The firm is poised to see in the new year with a bang after it unexpectedly struck oil in east Texas.
Its shares rocketed after it revealed it had discovered two potentially lucrative oil wells in one of its drilling locations and would be delaying efforts to reach its primary and secondary targets in order to make best use of them.
The London-based firm, which has had a mixed performance this year, said the two new zones could become 'potentially significant' sources of revenue.
It's a welcome boost for the firm, which suffered heavily last month after it issued an early assessment of its flow testing progress in Texas.
However, the company reported reduced losses this year, incurring an operating loss of £900,000 in the year to June 30 compared to the £1.2million loss it recorded in 2015.
Jay Cheatham, chief executive, said: 'I am extremely happy to report the presence of two potentially significant zones, both of which are productive regionally and have the potential to be significant also for Pantheon.'"
mentor
- 03 Jan 2017 16:37
- 49 of 51
Managed to close the bargain at the very end of the day @ 92.58p as T+2 for a 44.65% return
mentor
- 03 Jan 2017 16:46
- 50 of 51
Well the GAP was finally filled today
mentor - 05 Dec 2016 23:15 - 36 of 49
A gap up to 90p+ has to be fill