We would love to hear your thoughts about our site and services, please take our survey here.
Crazy valuation - under £45m market cap
By eoy if we are at 5000 boed then with netbacks of $45 it would equate to $75m /yr of Fcf give or take
That realistically should be worth $200m market cap surely???
GLA - looking to pick up some more today
@Trek
Don’t forget we have a little legacy production also -1200 bopd although we will lose a few 100 bopd when the asset swop goes through
I am hugely excited to see what is in the new acreage next door to Royston and Cascadura. - the oil / gas does not stop in a straight boundary line !!!
GLA
Even though Casc B and C won’t be online till next year they will hopefully add hugely to reserves and share price - especially if we can have a little poke across the border into new acreage. Don’t forget that Casc C could massively surpass A if Star Valley can get into the “deep deep”
Exciting times to come
Morning all
Not heard presentation yet but gleaned 2 huge things
1 Casc is so close now to being totally transformational for TXP and Us
2 Enough said to believe that Royston intermediate is flowing at commercial rates
GLA -exciting times have returned !!
12 months should see us at £2 ish with Casc at full production of 200 mmcf/d plus 5000 bopd - if Royston intermediate is indeed about to flow at 500 bopd and with a 10 well drill development I can see £2.50 plus but who knows . This is TXP after all !!!!
An exciting few weeks to come
GLA