Member Info for smasher

The swapped acreages is a fabulous move when you look at Cascadura and Royston plus infrastructure on it.

Yep I think Cascadura first phase coming online and Coho I'd say around that price. Royston could have results around the same time or just after . If Royston is good then that is an absolutely fabulous asset to go alongside Cascadura and money generating from the off plus nothing attributed to it. Royston would be worth a fortune if good flows.
Great year ahead for Txp holders and about time after waiting so long.
Bring it on.

1.18 in Canada

Didn't Paul say that Royston flowed at 500 bopd and they struggled to hold it back to do the second test. He then said they believe the well could flow at around 1000 bopd. And that was set up for gas not oil.

And Still have 550ft at Cascadura to test plus they still haven't reached the bottom due to high pressure. Well if Royston is good and flows then what another huge asset alongside Cascadura .
Bring it on I say.

Txp up 6.79% .

Canada up 10.75% at finish.

Yep I believe if Cascadura and the 2nd phase comes in this year we have got to be heading towards the £2 pound mark especially if Royston comes in as that's another huge asset on the books and producing from the off.

I think also the T&T government are supposedly talking to companies about the gas royalties and tax so Stuart Young said while delivering he's speech a few months ago.

Yep that's exactly what Paul said after a few investors ask about Cascadura initial production and revenue after royalties and taxes and $14 million a quarter was the figure.
That's why I like the fact they have the money to push phase 2 of Cascadura forward bring in a sh.. load more money this year and fingers crossed Royston will be good.

Yes but I'm absolutely correct while you very rarely are.

You can't blame the union as they are the workforce. You can blame bad management and ofcom . What did Ofcom have to do to pull Openreach apart from BT? Do you remember the huge sticking point which Ofcom got involved in which was a disgrace.
We should be asking the question has Ofcom been successful in it's entirety. BT has had it's hands tired behind it's back for decades and occasionally Ofcom throw them a bone.
Basically a government regulator that can't stop penalising the company for doing well.
If your a successful british company in the UK then you are knocked down by regulators at every turn possible. You don't see other countries hammering there multinational companies. Only iñ the UK hey.

Bit of carnage over on Panr today after disappointing news ( markets assumption).
Brings back memories of Chinnock but we still had a world class asset in Cascadura and little Coho worth far far more than the share price of today on their own.
Was thinking what would be a good flow rate for Royston as Paul said it could flow up to a 1000 bopd.
What's Trinidad's average onshore oil well production. .

This is USA average rates.
In 2021, the average oil well produced 26 b/d (or roughly 33.5 BOE/d if including natural gas), and the
average natural gas well produced about 181,647 cf/d (slightly more than 33.5 BOE/d of total oil and
natural gas). The distribution by well size, however, is generally skewed. Many wells produce smaller
volumes per day, and fewer wells produce very large volumes per day. In 2021, 77.9% of the more than
916,934 U.S. wells produced less than 15 BOE/d, and 6.4% of the wells produced more than 100 BOE/d.

Yep and the monster lying directly below it in kraken. As Txp says that if kraken is good it changes the hole game completely.
I'm up for that. Kraken end of year I think Paul said.

The Ortoire block will be the biggest onshore block production wise for many years to come .
Anyone think Royston will flow before Cascadura comes online around beginning of April. If it does then what another stunning asset the company have under its belt, and bring money from the go.

Part of a write up on the onshore bid round. I think the Ortoire block has a lot more to give with Cascadura and Royston alone before anything else contained within the block.

In the last five years, only six fields have been discovered onshore. These fields have an average recoverable 2P resource of 18 MMboe, which represents the 50th percentile in the total distribution for currently producing fields onshore T&T. The majority of the new discoveries are situated within the Ortoire block, in the Soldado sub-basin, and account for 90% of the reserves discovered in this period of time.

Would have been nice to rns the news along with anything else to kick start the share price.
Actually starting to pi.. me off that they just can't be bothered with shareholders.
Stop tweeting and put information out about the company through the correct channel for God sake.

We have a world class asset coming online in a few months and we are priced at just over 50p. Hell we we be producing more than some offshore platforms around Trinidad.

Yes mate, much appreciated for post it.

Can anyone remember the hydracapital graph that gave a clear indication of bcf found and what it was worth. I found the link but can't pull it up and was wondering if anyone had saved it and if so could you post it for me please.
Thanks.