Member Info for smasher

Yes I certainly believe Cascadura will be around 1Tcf if that 550ft is good plus Not reached TD due to pressures. Would that be the biggest gas find ever onshore in Trinidad .
If this is the case then this little company has done extremely well to get to this point of bringing it online with the limited resources they have. A world class asset that will make a huge amount of money for many years and let's hope Royston is good to go .
Two huge assets onshore would be absolutely fantastic and all from that first phase of drilling.
Basically bigger than some offshore fields around Trinidad. Looking forward to Royston results and the coming year ahead.

With Coho having to be choked back so much due to Shell, will it be worth doing another well at Coho or can Shell sort it out as they need the gas.

Late March so any day now then.

It's hard to imagine then that you are invested here with all this evidence stacked up. Don't tell me you'll be out once you hit your target with profit hey .

Shame Coho is being choked back so much because of pressures going into the Shell facility. What's people's thoughts on that second well at Coho going to the same facility.

Just posted my first post on Discord and what a f... up that was haha. Been on here so many years that it's second nature for me and never posted on other sites so thought it was roughly the same. Not on Facebook or anything else apart from WhatsApp. Old dinosaur I'm afraid.

Anyone else think a fantastic result for Royston in terms of production would be around 700 to a 1000 bopd. Wouldn't take long to drop another well from that pad would it with the new rig. ( if they had the money. And generating money straight away.

Ridiculous share price .

Would Txp have gone to shell if they'd had known of this situation. We have another well to do at Coho and the pipeline can produce twice as much to what it's delivering at the moment. Shell has been a pain in the **** for Txp.
I'm really thinking they are going to put an offer in for us sometime next year and especially if Cascadura has more gas which we all believe it has and Royston good. The Ortoire block is outstanding and its right on Shell's doorstep .

Just my opinion but Shell must be looking over at Txp and thinking the Ortoire block is very good with excellent production (next year) which will carry on growing. And we now know Txp is not so small for them as I mentioned last month. I have always thought they would come for us and absolutely nothing has changed my mind . . Like I say it's just my opinion.

I was at the NYSE yesterday . Flying visit to the city for 6 day's and I must say what a fantastic place New York is . London on speed is all I can say .
Bring it on Txp

Fabulous news .

Pushed back by 3 months . Took the government and Txp nearly a month on Coho to do the testing and getting certified for Shell to receive first gas.

The problem is we never have a clue what's going on as we never get a Rns .
We get the project has started and we get it's finished and f... all else but pictures on twitter or Facebook. That's not good for shareholders or the market.
Moving forward on works, moving backwards at pace in communications to market and shareholders.

The Ceo clearly doesn't give a toss about us shareholders. What makes me laugh is people here thinks that's acceptable to carry on like this when it's clearly not.
Exciting times coming this year so would be nice to hear about them as we go along.
I've not a clue how far we along with Cascadura or Royston but I'm betting you would love an update on them . It generates interest in the company for those looking to invest, it generates trust with shareholders and markets be it good news or bad.
Am I asking to much from a company that's got a world class asset that's about to become the biggest onshore producer in the country .
I feel let down by Paul for not keeping his word.

If Royston does flow at good rates it opens up another fabulous find for the company . What it also has proved is the Txp team has an excellent understanding of the southern basin which many large corporations that drilled in the basin didn't. I'd advise anyone here to go through XM videos as his passion for geology and Trinidad is incredible.

One of his talks about the geology of Trinidad consisting of the basins and some drills plus Royston and kraken is fantastic. If you have seen it the part when he says he won't give the
audience a more in depth graph as basically he would be giving the game away after working on it a long time. My God Touchstone exploration have hit the jackpot have him with us.

When i invested here I roughly understood the time frame to bringing on oil and gas wells , but I will say because Txp found a world class asset in Cascadura that changed everything because of what is needed to bring such a find online .
I totally understand what a few are saying here in that we are not building a huge facility like some places but it is still big for a company of Txp size . The very fact they they are close to bring Cascadura online is absolutely fantastic when you see many oil and gas companies fail to bring assets online through many different problems.
It's not the case of find it and bring online for a small company like us as so many things needed to be put in place to achieve that objective.

I absolutely believe Txp will have done well to bring such a facility online within a tight budget and through what has been a shocking few years across the globe. We will be the biggest producer onshore in Trinidad in the next month or so and that will grow substantial over this year with the second phase of Cascadura . We have another well at Coho to do so a lot coming online .

Royston drilling as we speak has huge potential if good as does kraken underneath it. We can sell the oil Royston produces from the off according to Paul so very happy about that so this year could be absolutely fantastic for this company.
I personally still think Shell could come for us next year as we have seen that 350 bcf of gas ( could be a lot more) is not so small for them.
That is why I hold this share on a long term basis. Absolutely a gamble as is every other share we invest in .
Each to their own I say and good luck to whatever path you take.

More than happy to stay a while as to much going on over the next few years and of course Shell I believe could step in, and please don't say we are to small because it most certainly is ot the case as I stated a few days back.
Bring it on I say.

Txp have not come out and stated it's running behind on it's target yet . I would like a proper update on what's happening like the pipeline and what's still to be done onsite.Nice pictures on twitter but I'd much prefer an Rns update. Been working on that pipeline for months so must surely be close to being done.

Yes it took them a few days extra to control the 550 bopd due to the pressure before the second test could be performed at Royston. I'd be absolutely delighted at 700bopd and Paul did say it could poss flow at around 1000bopd .

The mighty Royston got a small nudge last time but fell back asleep, this time it's going to be woken up as it's required to start work.
Bring it on I say.

Yep crap sp for sure considering what we have .
Point I make is that at this moment we await what is a world class find in Cascadura coming online soon and the second phase during this year also . We are onshore so costs very little to bring online compared to offshore plus we have more gas
I couldn't care less what people buy or sell for as it immaterial to my position here .
One thing is certain and that is Txp will be bring in tens of millions of pounds by end of this year from gas and condensate from Cascadura alone without the legacy fields and fingers crossed Royston.
What happens if Royston st1 is good as that asset would be another huge find worth a small fortune to txp and zero has been placed on it by the market.

The asset swap was an absolute blinder by Txp as the Balata east/ Rio claro borders on both Cascadura and Royston and also has infrastructure. Good foundations has been layed to push the company forward so why would I sell when we are heading to the most exciting time in the company's history.

How many oil companies find oil and gas and never manage to get it out the ground through many different problems, yet here we stand about to bring on a world class asset that's cost very little money in the grand scheme of things.

One last thing that people said on here was Shell wouldn't be interested in a small find like Txp have found, hmm yet they have found gas in the North see with just over 300 bcf and as they say a significant find offshore .
Txp find onshore and its bigger and it right next door to the shell facility.
Do people really think they are not interested or are keeping a watchful eye on proceeding.
Think I'll keep my shares for the time being.

Remember we have 550ft still to test at Cascadura when we drill the next wells.
Absolutely fabulous find by Txp with the asset bring in tens of millions each year for many years.