Member Info for shellguy

Finally Im green again after TSX closed at 0,25 CAD - equivalent to 14,6 GBX. Been awhile. Only up from here and still a strong buy from me at these prices and the coming news. I bet London follow tomorrow.

https://twitter.com/AntMwah/status/1196694260189401090

Nice chart! Lets break 13.10 and test 17.45 again!

Thanks Sunday and Alchemyex.
Looking forward to hear more of this from PB in the future. Maybe next Q&A.
Dividends in the future on the backing of a successful Ortoire campaign would be massive for shareholders buying at theses prices.

Our game have just started with more than double our daily production on Coho - the smallest prospect. Royston could be a beast for TXP with no SPT. In one year we could see pounds here. Someone earlier mentioned that it was PB`s plan when we reached 5000 bopd to pay shareholder dividends. Anyone here know something about that? TXP could be a cash cow the coming years, so glad Im in at the start. GLA

And this is the smallest... I`ll try to grab some more at open today!

WOW!!!!!!!!

Royston has the potential for multiple wells too, and thats a gas play. My understanding is that its just Coho that is a single well? Good find on Cascadura, Chinook and Royston could lead to follow ups. This is 5 year + exploration, and we are just gettting started.

Bought some more at 0,20 CAD today. Got about 130k total average 0,25 CAD.
Plan on buying more on every dip, but next week I think we`ll see much higher pricing.
Like PB said - This is not single wells, but pools with the potential to 10-15 wells.
Good evening!

I dont think this interview was planned. I think PB had to go online to calm down the sellers when he saw how the share price dropped on the news this morning. Huge overreaction IMO. Im happy I topped up at the bottom today.

My taughts exactly danawinner.
I picked up around 18k today for ,18 CAD. Wish I had more funds..
Have a nice evening.

Great to see that the daily production is above 1700 bopd and not far from Q2 production. This is natural as we focus on exploration on Ortoire and not developement of existing wells. Think of the massive jump in production we could get in 2020. Also good to get an explanation for the delay on both Coho testing and Cascadura drilling. Coho result out next week. This was a good way to start the day! Lets hope Trump and Xi can figure out the trade war, and that OPEC makes more cuts in Desember so we get a higher oil price in 2020.

I agree with this Zeus.
I too think the production is down a bit from the last update, but I dont think thats a problem if Coho and Cascadura is succesfull and operational early 2020. Im curious to what we can expect from Chinook, and if this is bigger than the first two and 95% COS? Hope to get an update on that next thursday when PB attend the Proactive Investors event.

Well, it sure is quiet here. I would have loved it if TXP could have updated us with some pictures on Twitter/FB along the way. With the rig at Cascadura, testing of Coho, civil work at Chinook, etc...just to give us something to talk about. Yes I know they post a picture every 5-6 weeks, but thats not enough IMO. I wonder what their plan is to get new investors in, other than delivering good results on Ortoire. Thats good for me, but the long wait between the news calls for patience. Cheers for some fantastic news this and next week :)

Thanks, great find. That gives confidence because surely they’ve got some information that we dont know yet. Cant wait to see what next week has in store for us.

Just a waiting game until next week. Tick, tock..

I found it on the FB page. Written by a user under a post from 14th October.

"Jeg har skrevet med Paul vedrørende et investormøder, det kommer til København lige efter der er kommet udmeldinger vedrørende coho 1 og casadura"

Translated:
"I`ve written with Paul about an investor meeting coming to Copenhagen following the results on coho and cascadura."

Wouldnt surprise me if the result from coho came this week. Ive read earlier - either here or on the FB page - that PB would have an investor meeting in Copenhagen following the result on coho and cascadura. Anyone know something about that?

I dont mind a extra loan when its going to the development and increased production for the company. Very excited to get some more info. Way better than a placing in my opinion.

Well to me this was positive news. Just think about it. Coho was drilled under budget at approx 2.8m. Cascadura was budgetet to around 3,0m. They must be close to TD now, so a little late to fund this now. Nah, the credit facility must be to something else.. Question is what. Some can surely be to fund the pipeline from Coho to the Shell plant. Maybe they found lots of oil at Cascadura so they want to drill another well there while the rig is on place. No point getting the rig to Chinook yet since there must be lots of civil work to be done before its ready to spud. Some of the fund surely is to Chinook which came as a surprise to us. All good for me here! Hope we’ll get something from PB next week!

I think both will come seperatly next week with a couple of days in between. As others have mentioned I too believe the test result from COHO will be better than the expected 6-800 boepd. PB knows its better for the SP to play it down at first and give an increased test result - than the opposite. GLA. Hope its coming tomorrow though...