Member Info for Desmond45

Companies like SQZ and KIST will make more in 2 months than TXP will make in the whole of 2022 + 2023. This is probably why there’s a mass exodus today.

The operational performance has been nothing short of abysmal over the last 12 months

Surfit - the directors have been in a black out period for some time. Of course they couldn’t buy shares prior to announcing the drilling wells. Nothing sinister about it. Anyway, gas up 20%+ today and KIST looking extremely undervalued imo

The price of Dutch TTF gas is up a whopping 56% but Kist is only up 8%. Cheap as chips, gas will be flying for months if not years to come - no chance Germany will turn on the nord stream 2 tap after russias antics in Ukraine

Kistos will be making several million euros per day at these gas prices which look set to stay for a long period. GLA will be paid off in well under a year

Smashing results, the industry is growing faster than anybody could have anticipated (except maybe Jim Mellon!)

Next 12 months could be electric. Happy holder

Update on Blue Nalu Twitter
You know you're swimming with big fish when...

The world's largest distributor of bluefin tuna
The world's largest restaurant buyer of bluefin tuna
3 of the world's top 10 seafood suppliers
Europe's largest sustainable seafood buyer

...all want to work with you

Multi billion dollar industry leading company in the making which is part of ANICs portfolio.

Looks like strong support around 18p. now looks primed for a run upwards. Loads of cash and new investments expected this quarter GLA

Royston is going to have a tangible NPV in 53 days via the GLJ report. Our overall reserves are going to be boosted significantly as cas deep reserves will also be booked - I note from the plot that the intermediate sheet at cas actually has better poro/perm that the overthrust too. Cas EIA submitted in December so all systems go for cascadara online in July. Oil production up to 1500/1600 following WD4 and WD8 which is ticking us over nicely, especially with oil touching $90 a barrel. $14m in the bank so no worries about the cap coming out anytime soon. In PBs own words TXP is going to be a money machine in 2022.

The 900m shares in issue have just been diluted to smithereens by 2.8bn shares! Barge pole stock

It isn’t Katie on today’s interview. It’s Sarah Lowther - I always find her presentations are in much more detail and usually conclude with a Q&A section. I think people will be pleasantly surprised today ;-)

Does anyone who understands geology actually believe WN is going to magically flow 5900 boepd from a horizontal well as highlighted in the report?

Oil price touching $88 a barrel. TXP have made an enormous discovery at Royston that has gone pretty much under the radar/not priced in due to high water cut in the overthrust sheet spooking investors - despite this the Royston overthrust is on a long term production test earning high net back per barrel. The appraisal of the intermediate sheet in the next couple of months is going to be a game changer at these oil prices. Let’s not forget it was 97% oil cut in the lower sheet and over 500 bopd while incorrectly set up for gas in the poorest quality rock.. All coming together nicely here let alone factoring in the 10k boepd about to come online at cascadara/coho. All aboard

A well that didn’t flow AT ALL will apparently now do 1000 bopd if it’s drilled horizontally LOL do me a favour. Reminds me of the type of waffle RNS that 88E used to release about icewine 2.

An update on Coho would be nice. PB said it would be weeks not months quite a few weeks ago now.

Im seeing a lot of red flags in these figures.. despite all the bluster across social media over the last year..

A bit out of the loop with DVRG, can anyone update me on the China Resources deal? As far I recall a deal was due in Q4, or was it just jam?

Buy em low, sell em high

Simple

More reserves will inevitably be booked by the Royston discovery. Next reserves update will also include casca deep from the separate pool helping to underpin a volatile share price.

Large scale production will come on stream from coho and cascadara eventually, the casca discovery is second to none and will produce for decades throwing off dividends to patient holders. I’m happy to buy more around these levels.

What’s the odds we don’t find a single producible asset from the remaining 20 explo wells? Slim imo.

There will always be the impatient holders given the current unknowns but I for one trust the management. This isn’t their first rodeo.
- I know there are many, many holders in the same boat despite those who shout loudest on here!

Royston confirmed on extended test.