Member Info for danawinner

My belief is that we find find another massive gas reservoir with huge condensates, pretty much replicating Cascadura1, but also without boundaries and a similar size, if not bigger.
It should add 25 pence to the share price upon discovery and another 25 pence upon verification.
When we hit Cascadura Deep we will have massive oil reserves and large flows per day. Imho.
Don't forget, we have an offshore sized find onshore here.

I am awaiting confirmation from one of the neighbours that drilling has started.
Surely it must have done, ten days after rig mobilisation, five days after it got there?
I also look forward to posting the first photos of a massive flare lighting the night sky for all to see.
It's not what you know........

Morning all,
Not sure if this will work, but here is a copy of the neighbour notification confirmong that Rig convoy 18th July for 5 days and a 38 day 24 hour drilling programme.
https://scontent.flba1-1.fna.fbcdn.net/v/t1.0-9/115874208_3078762188843463_5458897594957534238_o.jpg?_nc_cat=106&_nc_sid=730e14&_nc_ohc=t2s9yzzJ-HMAX_5Ld3_&_nc_ht=scontent.flba1-1.fna&oh=b58dbb6a455dd1257a83913c941418c0&oe=5F4765CA

SuperRoty assets are stated in US$ not £, but still looks like a bargain.

Spawny, you are quite right there, the true spread is 71/72.
Not sure that I understand the rationale for this, I am sure that all will become clear in due course.
I may have made a mistake this morning reducing my holdings in ACP and BZT to put yet more into TXP, in addition to the EMH and KDNC cash but the spud news should lift us a bit, and when, not if we hit gas/oil on Chinook, we can anticipate a 25% rise, imho.
TXP is my safe haven, always nice to have a dabble in other stocks, but all the profits always go back into TXP, every time.
Seems to work for me, so why change a winning formula, it's all about timing.
My main worry is the fear of missing out on TXP's next bull run, which could be days away if the is an NGC announcement, with a maximum of the drill results date. I think that we will see a flare stack well before the end of August.

Happy to be of assistance Porschefund, you can buy me that pint when we meet in Trinidad for the £1 party. That should happen mid September imho. Flights should be cheap then.
I managed to sell EMH at 21 pence and KDNC at 11,5 pence so just put the proceeds back into 10,000 TXP at 72 pence, very happy to help my TXP chums with the occasional bit of diversification at a profit.

I can now say stand by for take off.
Very solid share with potential to two bag from here imho dyor
Excellent news.
Don't sell too early.

Corpse if you click reply on the this post it shows the thread. Scroll down to the bottom with my thoughts.
EMH has come in to land and KDNC as well, as they own 16% of EMH.
Two out of four ain;'t bad.
Off topic so was trying to be subtle.

Cadence KDNC owns 16 percent of EMH and did not RNS this morning.
It will, surely?

Which will not be happening.
Hold on tight to your shares, 25 pence could be achieved today, happy to average up first thing.
Took a lot of tries to buy.

Soon we will be top dog.
Stand by for the stampede....

Conservative MMs and opening auction should pop out at 16.5 pence.
I can see more of a move here in Europe than Down Under, as I think that we understand the magnitude of EU cash - once it is announced they move heaven and earth to spend it.
I can see 18 pence today once the herd picks up on this. imho dyor.

One landed. Three still circling. Scroll down on this thread for the other three.

Spawny100 one out of four isn't too bad in 48 hours.
I was expecting an RNS from KDNC today as well.
Ah well, keep the faith, we should do OK here today.
It may take three days to re-rate properly so no rush to sell imho.
GLA

Should see a bit of movement today then?

This share price appears to be approx 50% of its net asset value.
Poster norb from the TXP board is the expert on this.
Very knowledgeable Norwegian chap.
Worth a buy towards their 6 monthly reporting point.

Slow reaction due to Q4 completion date.

Share price will be interesting at open, as it is approx 40 pence dividend.
In theory however the net asset value of the company is diminished by the same amount.
Will renew interest in the company.
I suspect open at £1.45 and spike at £1.60, we shall see.

Should be a good day.
GLA

Norb, thank you once again for your very informative post concerning North Energy.
This is very interesting and I shall be trying to buy some North shares on Monday, if I am allowed to with my SIPP.
It certainly looks like a good opportunity unless the management take big salaries each year.
I have not checked my lottery ticket from last night yet, but if I have won £20 million, it looks tempting.
If there is a takeover of TXP, the share price effect on North could be considerable.
Please keep us up to date if there is any news on North.
Thanks again.