Member Info for PhotographerTLP

As mentioned, I have a jumbled RNS in front of me Tidd, like looking at the Enigma Code. So there are additional wells, this is good news. Anything in the RNS that looks bad?

By the way.....my end of August prediction of 18p mid-price is looking horribly good......damn it......

I can't read that RNS due to the amount of other symbols that have made it into the text. What I could read showed sustained growth and yet here we are at 1.5p down. Anybody see anything in the RNS that would warrant a drop like this?

It’s our board today Rossannan. How was the show? I’ve never been to a book fair. My wife bought me a Kindle, she now calls ‘her’ the Widow Maker. I was a butler for years and used to get invited to wine fairs, that was fun. Got the chauffeur to take me and my bosses son and due to the Big Man’s credit card, and my €25k a month spending, we were very popular.....hence the chauffeur. Tha’s another story for another day though. Ha!! So many stories and only one life to make them happen..... Braai time.....gin and some chilli belly pork....enjoy your evening and enjoy the TXP journey (Malcy uses the word ‘journey’ so I use it from time to time to give me more credibility).

A break on the walk. No TV this side so I’m an avid reader. I stand corrected on Ortoire, I didn’t know that. Interesting......thanks Rossannan.

No arguments from me on your last point addressed to me, Rossannan. I was also hoping to see more. I was hoping for the magical 2,000bpd but as you have gathered from my posts this morning, I am very happy with TXP. The slight drop in SP since the RNS is a pain but not so bad really. These things happen. As for your message to Arai, we know it wasn’t happening this year, 2019 has always been the stated year. Over and out from me. Off for a long walk. A pleasure chatting with you Rossannan.

There’s an issue with expecting things over which you have no control, Rossannon, operations have variable factors and things change. Not preaching with this paragraph of course as you already know this. The bottom line for me is, TXP is aiming for 2,000bpd by the end of 2018. As far as I know, there wasn’t a target set for the last RNS. Also as far as I understand things, we are on target for the 2000bpd by the year end if not before? As Tidd mentioned, I guess that decline might have been factored in when setting the target at 2,000bpd? We won’t know that unless TXP tell us..... As for funding for next year, no opinion on this I’m afraid as I don’t have any knowledge. I would hope that this years successful drilling with the increased production, added to the higher oil price might help with funding? Returning to my earlier point though, I’m not expecting this as I have no control over what will happen. Therefore, whatever happens will happen. If they raise cash and strike lucky in Ortoire, then it was money well spent in my opinion.

I have no fear on where TXP is heading though Rossannan, with the 2018 campaign in full swing, Ortoire ready to go in 2019, on six sites no less, and the next 10 years of drill sites already identified, a decling well or wells, which is innevitable, shouldn't be a concern. Plus PB at the helm.....it's looking good to me at present.....

I’m not disputing your figures Rossannan, I’m impressed by your diligence to be honest. I also don’t doubt that you are probably correct. Decline be would be natural in anything that is being bused. For sure there isn’t a bottomless pool of oil. However, the odd well declining in production, for whatever reason, is most likely going to be out weighed by the increase in active wells being added to TXP’s portfolio. It’s all good and no worries here for me. TXP is a winner!!

I don't have any real knowledge on the figures being discussed here, whether a well/s are in decline or not? However, I would throw into the mix, that although Rossannan may well be correct, after all, decline should be expected as wells are used (not sure how long that would take though), it is also possible that for one reason or another, TXP might have slowed production on one or a number of wells for a various reasons? Maybe decline, maybe maintenance, maybe any one of 10+ other reasons? Unless TXP were to clarify why Rossannan's figures are so, then it is all speculation.

As always though....looking forward to our 2018 drill campaign being completed and also 2019 and Ortoire!! I'm a happy holder!!

It's all good.....

So then, no news and the price creeps up for ages. The expected RNS arrives, which granted wasn’t for the hoped for 2,000 bpd but seemed positive in all respects, and the price gets a bit of a steaming. Who really knows how the stock market works? Not me that’s for sure...... Onward and upward and into the paradise of TXP getting back to the twenties and onto the thirties. I really hope my original end of August prediction will be wrong.....

Well the Market doesn't seem to have liked the RNS that much, I wonder why? Just MM and games maybe? Ol well....never mind, all is well in the world of TXP as a company and that's what counts.

All looking very good indeed and another 3 wells drilling figures to be added to the mix by the end of August. 6 drilling sites identified on Ortoire.....what's not to like? I bet Malcy wished that he added TXP to his Bucket List.

TXP is a brilliant company!!

MM's will take my entire holding this morning for 21.06p......nice......but not nice enough!! I'm singing 'Holding Holding Holding' to the sound of Rawhide.....now that tune will be stuck in your minds all day!! Happy days to be TXP!! Necker Island here we come!!

So is that now a third rig drilling for us? How does this fit into our current schedule? A replacement for one of the others or an acceleration of the programme? Why am I asking these questions here and not reading the answers on an RNS from TXP?

Good posts this morning Tidd, thanks for sharing.

Nice........

Ismaliq - is that the first official ‘boom’ on this board? I think you can claim it?

I just did a dummy sell and they wanted all of mine as well Wingnut. I don't have a huge amount but it's the first time a dummy sell for all of them could have been processed.