Member Info for corpse

On 18/3/2013 Xaxier Moonan working for Petro Trim gave a lecture at Leeds University? on the Southern Basin covering our block and surrounding area. Structure of the lecture being Trinidad having some difficult geology in the world as its formations on the island with the folding of the various types of rock through the ages.

On the questions asked was about the Northern Basin and its formation and from his interpretation, the conclusion was that there was a large landslip off the Lower Cruz taking the Cretaceous source rocks and the Pliocene migration.

This is probably what they are finding now with some success.

If Xaxier synopsis is also correct for the Southern Basin and his valuation of the deeper Herrera sands which stretch across
the island and probably confirmed by Casadurra, then PB valuation also carries on to Chinnock and beyond.

As Bw7x had severe tectonics and rumoured to be a beast to drill due to high pressures and PB needs to get it right, my gut feeling is some news middle of October (that's my opinion). Knowing this may upset some more sensitive large holders elsewhere, who knows. But i am fairly certain large formations to be found across the Herrera on our block and will follow northern drillers on thier offshore quest.

Think the question answered on ADVFN and l did read your article.

At least it made a point.

This is a lecture given seven years ago on the Herrera sands and covering our block.
The second question asked at the end does the voice sound familiar.

https://www.youtube.com/watch?v=hlCEtYN76sI

Is this the birth of the investment and it does give detail of the difficult geology.

https://www.youtube.com/watch?v=odw-ri9mRCA

The early part of lecture shows the world map. In red are the fairways mostly offshore. If l am wrong then T & T not covered in red.

The other red blob on land seems to be North America, this is what PB is trying to prove in his concept.
The jewel in the crown is still Royston, shell probably just had the technical knowledge to detect the gas through the heavy mud and it still showed its hand.But Chinnock is still the true test of the theory.

It is only in the last 4 years that the three d seismic data has shown these giant fairsways around the world and our understanding. On the world map most of these fairways are off shore so far but with the odd exception on shore and T and T is one of those and l think PB knows this and probably his team are probably in the front of this technology to discover these fairways.

If we have one of these supercharged fairways one may assume that we have gas running from 6 to 9.5 thousand feet. If PB used the wrong mud on Casadura on this super fairway we had the result on the drill being closed early and the high pressures.

The brings us on to Chinnock l am of the opinion this is another world class well of the same play. On this drill everything has been strengthened and probably they may test every level or even perforated every level. So l am not expecting the RN,s soon. The subject title found on YouTube from a lecture. L will see if a link can be found later.

PB did say he would would put a second drill either in Casadurra or Chinnock, why would you want a second drill if there was nothing there. The other point in a question would they find gas in the upper layers of the Herrera, so with a mirror image of Casadurra we may have gas from 6 to 9.5 thousand feet. Another Casadurra in play, trouble PB still plays it cool.

Went through all PB presentations, in 2018 Royston thought there may be half TCF there. Chinnock later 50/55 % chance of success, they no what's down there, Carappel Ridge showed them the way.
Just waiting the life changing event and final proof of the turbadite fairway saturated with gas in the block. Live the dream.

My thoughts as well, waiting nearley over.

Loan of bull, you come on here again and ADFVN spouting your rubbish.
have been stuffed on HUR and your TLW investment going down the toilet.
Your post l believe
RE: Slift24 Sep 2020 07:21
Slift, you won't believe my bad luck, guess where my other major investment is? TLW.

Really you are looking very silly here and a embassement to your self.

Cannot find defo numbers any where, just these from brokers USA, numbers put together from all sources, but does not answer question.

3 Wall Street analysts have issued ratings and price targets for Touchstone Exploration in the last 12 months. Their average twelve-month price target is C$3.25, predicting that the stock has a possible upside of 144.36%. The high price target for TXP is C$3.25 and the low price target for TXP is C$3.25.
There are currently 3 buy ratings for the stock, resulting in a consensus rating of "Buy

Had a small top up, would expect some late buying and then Canada following.
Many waiting in anticipation on RNs.

Care of Zho: From Toronto's Globe and Mail, a few hours ago: Cormark Securities initiated coverage of Touchstone Exploration Inc. (TXP-T) with a “buy” rating and $3.25 target. The average of the Street is currently $1.73. +++++++++++++ Touchstone (TXP-T, $1.32) – Buy, 3.25 Target, Garett Ursu: We are initiating research coverage on Touchstone Exploration. Details: As detailed in our “Emerging Ideas” report from May 29th, Touchstone Exploration’s Ortoire block onshore Trinidad has already provided investors with impressive stock market gains and behind-pipe production that will increase corporate volumes exponentially over the next 3-12 months. Near-term activity should also continue to unlock material untapped resources with the Chinook-1 well (200 Bcf prospect) currently drilling, to be followed by the Cascadura Deep well (500 Bcf plus liquids) prior to year-end. An additional 21 exploration prospects have the potential to individually move the stock and boost future volumes. Based on our current 25 MBOE/d forecast and the attractive operating regime in Trinidad for natural gas (supply/demand, pricing, tax, regulatory, counterparty risk, economics, etc.) we believe Touchstone could generate ~$65 MM of free cash flow in 2022. With results expected shortly from the high-impact Chinook-1 exploration well, we believe Touchstone is a unique and timely E&P investment opportunity. Recommendation: We are initiating coverage on Touchstone Exploration with a Buy rating and C$3.25 target (3.0x 2022 EV/EBITDA). Not only is the company’s exploration upside not being valued in the market, but the company’s past success is also being heavily discounted given potential volume growth and free cash flow through 2022.

Would be the first sign of any whispers.

We were talking about things to buy in the future, me Villa, photo something in the mountains and Lexion, l think a tractor, sort of wishful thinking which is negative.

Me or photo.

Naughty Mr Bond, that drill needs your attention more.

No, but should have been on hols and scounted some villa locations, guess will have to wait and to anticipate the increase in the villa size and how many on suits, probably garage size may become a problem, probably same with Piranese, spelling looking iffy.

Could also be a way of forcing the stock price then dumping for the profit, not so silly but then miss the long term implications.

If the company is worth a future billion what would the share price be? but for now back to reality.

They had a lot of info on the old drilled wells by Shell and others which never came up on my Google searches, so wondering his source. But his report did give some credence to some outlandish dreams.
On the gas equivalent oil per barrel what would be the nett to us at this point in time just for my info please.

Load of bull, will ask big brother8 to have a chat. Pmsl