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I agree, the "Coho deal" is just a note that we may see Coho production in 60 days, which is also just a sigh of relief.
If the bird in the hand is invisible, you start to wonder if its even there ;)
I guess the issue is we’re not getting any updates, its always "next week"
Its really valuable stuff this 3D seismic. Cant wait to see the new rig in action, and find out what the Deep holds here
EXECUTION OF 10-YEAR LEASE OPERATORSHIP AGREEMENTS
They got it from the government. Was in one of the latest RNS’s
Those of you who want to check it out; Go to Xavier Moonans FB.
The Ministry of Energy post says its Cascadura, but I’d rather trust XM
XM posted big flare pic from Chinook!
I havent bother to check now, but didnt this well produce a lot of boepd before abandonded? I think I saw this years ago
Add in the legacy wells and new cheap oil wells, scheduled for H2, and there you go
Joey, do you know that TXP is producing oil already? We’re funded, and making a profit on existing production.
Dont forget that NGC pays for the pipeline!
We’ll get Chinook test results next week, but other than that its all about Royston. I’m hoping the new rig comes soon to drill the smaller oil prospects, now that the oil price is high
There’s been zero progress for months, and with not that much to look forward to this year I can see us drift further down. They could’ve helped the SP by communicating better.
Sorry, you post was a bit confusing. Did you send the top part to PB, and the part after PB was Paul Bays answer? Nice if you could clarify
Hi Scott, from what I heard it will be out on Friday.
Txp have become a bit "boring" as its no big surprises (positive) coming i think. We need to way for everything now, we wont suddenly get RNS’ about every little thing. See the latest interview with PB, says the next big thing is Royston, doesnt want to talk about the "small" things in between like Coho, western oil etc
Huge drop in shorts
I think we can get the "perfect storm" on tuesday. Massive overreaction requires a recoil, new tax year and hopefully news about Casca Deep to follow shortly. Add in Coho tie-in and SW oil prospects news, and we’ll be back above 100p again
But why does PB consider Chinook a complete miss? If there’s still opportunity with this well, shouldnt it had been highlighted?