Member Info for LEXION

CW Mine is June 8th -will be in St Ives tucking in to a very expensive candle lit fish and chips !
GLA

I couldn’t agree more Scott
- it is deathly quiet on here at mo -I think we are all mentally worn out /scarred waiting for Coho and EIA to arrive
It’s good to be financially prudent but Jeeze we shouldn’t be sat on hands with drilling at this time
The $5m VAT rebate should cover Coora drills and Royston sidetrack - I say crack on before we all die !
TXP do like a Thurs or a Monday RNS . Im happy for either !!
GLA

Many reasons these last 12 months to be negative - but things will change out of all recognition next 2 years
Legacy and Royston EWT in April 1500 bopd
Coho 1 10 mmcf/d
Coho 2 Similar
Cascadura start up 60 mmcf/d with ramp up to 180 within 18 months
Royston I believe will be huge and if sidetrack comes in at 1000 Bpd - then I’m thinking 5000 bpd is easily doable with development wells
We should be producing 30000 boed net to TXP - Realistic not wildly optimistic and with nothing in for the monster Kraken -more than enough to justify £4 a share and a 6% divi
I’m feeling pretty relaxed to be fair
12p to £4 in 5 years will do for starters
GLA

I’m loving the banter here this afternoon- Joey you are very entertaining!!
Truth is you maybe bought in a little late but fear not when Kraken comes in we shall all be happy !
GLA

@Lv1991
Your expectations are seriously underwhelming at £1 for year end - yes we’ve all been through the wringer with TXP this last year but honestly if we are much less than £2 by year end I shall be pretty p***ed off with news flow expected
Timelines have been shot to pieces but now is the time to load up if at all possible
GLA - we deserve it!!!

https://aheadoftheherd.com/8-escondidas-needed-over-the-next-eight-years/
This is why Bushranger /Ascot should be worth a fortune
GLA

Would be happy with a 15p rise on Coho connection news- none of that 2p rise malarkey we used to talk about Photo !!
I also have a bottle of Kraken sat in my drinks cupboard- it will be severely tested on Coho connection I’m not waiting for Kraken drill - that will be another one !!
GLA - I am sensing a good week

I really think Txp have turned the corner Photo and would be disappointed if we are not at £1.25 by end May
Coho online and EIA in the bag in next 7 weeks
You will be flying club class ! Canada up 10% tonight
GLA

Great update -extending Ascot 250m to the north
CB compares hole 44 to hole 35 of which assays were pretty good
I can sense a good day
GLA

Badly burnt here a couple of years ago but am back in this am with £3k - still been watching though and thought now is the time to get back in
Great prospects - oil and gas riding high for the foreseeable
New gas contract I can see being a game changer
GLA

Great investor meeting today - all pretty positive
- confirmed Coho timeline set in stone and Cascadura once EIA is approved in May
- Confirmed the massive development potential of Ortoire with 8 development wells at Casc , a development well at Coho , An updip well at Chinook was mentioned and not forgetting the mighty Cretaceous Kraken amongst steelhead and others and a full field development of Royston (water not an issue to get hung up on )
- Royston to be sidetracked after Coora wells
-
Pretty Happy
GLA

Just looking at instagram of Coho pipe welding - yes at long last moving forward
Pipe s look to me a bit rusty after laying about in the weeds for so long - we don’t want any leaks at this stage
Looking forward to tomorrow’s investor meeting
GLA

Be very interesting to see how London reacts on Monday - nice to rise 20% in line with Canada. I just have a feeling we shall get Coho on line in April and might hear some news next week
My thought this year is £2 by November and £3 a year as now with Cascadura development wells kicking in
I still have the Fendt on the back burner but at this rate I may need all profits to fund fertiliser at £1000 a tonne now ! - it would be a 3 bagger in 8 months
GLA

Just splashed out on another 6313-paid 79p which I consider to be the bargain of a lifetime
I will eat my work boots if this is not above £2 by Xmas( not saying which one !) with Coho /Casc. Phase one and 3 Royston’s on line by then
GLA

Seems to me that the gist of all posts today is where to drill the next hole - my thought is that I’m not too fussed if it’s Coora Royston Cascadura or Coho but if pushed I would say let’s get back to Royston to prove to the market that this is a huge oil pool and STOP fannying about drilling nothing
Let’s get something drilling Paul before I die of frustration
GLA

PB says he also shares shareholders frustration with Coho time line - you are not wrong there !!!!!!!!!!!

Thought a good interview- not ramping and realistic
PB states new policy of under promise and over deliver - with Royston in mind
Complete change of thought process with Coho - from being not really important to TXP to being a highly significant step change in production- effectively doubling output
I have always thought Coho on line will be a massively important event in TXP history and look forward to May hookup and start of rerate from the bottom of the barrel so to speak
GLA

@Derbon that single line sums it up beautifully
Huge rollercoaster for me this am - TXP crashing, My North sea gas plays rising strongly-net result down £40k - we keep saying it will come good and it will but I’m fed up of the wait
Could PB arrange a pxss up in a brewery I doubt it
On the plus side though also Wheat markets are on fire at all time highs
- calm here now so I’d better head out to feed the crops with fertiliser that has moved from £250 a tonne to £700 a tonne since last summer - maybe not good after all !!
GLA

What is wrong with the market - we have a negative value for 165 mbo with crude at $130
Utter nonsense!!!!

Pretty sure market will like overall
Love the mid estimate of 165mmbbl at Royston !!!
Coho now May
Cascadura now September -very happy
Issues with EWT but still ongoing
I think we should now turn the corner- PB for once was a week ahead of us on the RNS
GLA