Since Pantheon has been mentioned here, thought this might be of interest (taken from the Interactive Investment discussion forum on Pantheon http://www.iii.co.uk/investment/detail?code=cotn:PANR.L&display=discussion&it=le):
Quite a bif of discussion here guys:
http://boards.fool.co.uk/panr-12150025.aspx?sort=whole
The poster GHH is a guy called Paul Curtis, serious and well respected oil and gas investor, google him.
I notice that someone paid 29p for 25,000 shares about an hour ago.
See page 18
http://www.pantheonresources.com/investors/documents/AGMPres...
10 x Woodbine wells would be $111-140 million, call it �80 million or 80p per share
40 x Austin Chalk weels would be $160-200 million, call it �110 million or 110p per share.
Oil is on top and in for free on this share price. Market makers are desperate for stock.
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