Member Info for smasher

Think I need a new Samsung tablet after reading my post. Atb.

Old guard I haven't heard for many a year.
I do agree with most of you post as I'm but 2 years away from retirement myself which is hard to believe as it's gone so quickly.
Yes the older managers supporting the engineers and had huge experience in helping them move forward within their skill base and if they didn't have the skills to do the job the managers pushed them forward to be trained and in doing so benefited the hole team. I also agree that like you I keep in touch with my old managers and Colleagues that have left the company . I think you could agree with me that you were the last of a Dying Breed that was respected in the role you played.

I also think you will agree that these new managers now have a different role especially over the last 2/3 years for obvious reasons . Most now collect data and do time sheets while patch leads to everything else and many of them have only been on a couple of year so little experience when a problem arises. I watched a 20 year old lady training 4 men and I had to pull her to one side as would not embarrass anyone in front of others to tell her she was giving them wrong information on opening 10 boxes correctly. She had only been on seven months but she took it all in, and I'm sure she will become a great engineer. This is what we are seeing at the moment whi h is not the correct way of being things . Give them time to learn the inside and out and not a few weeks on one thing and away you go.

You put In your post ...

I have experience of TEAM MEMBERS, 43 years as a matter of fact, I was one and ended my career managing them. In my opinion there are some that cruise, some that do the least they can get away with, some that play the system and a FEW that strive to do a days work.

You failed to mention that also applies to management of which we can both say are many in all grades I'm afraid.
Hope you have a great retirement Mel. Atb.

Bloody Samsung tablet....say...

Time to splash out on a new one as I've had this years.

Should asy........without as much risks.

Totally agree Scott.
First off Paul gave a good interview in which he gave information I didn't realise on Coho.
The fact that Coho has the possibility to run between 20-24 million cubic ft a day but will drill another another well for that capacity next year Which would be very quick to bring online.

I was also very pleased about Cascadura with almost everything in Trinidad ( main components) a everything else being done there. also spt saving at Cascadura I think he said $5 million so as Paul said a step in the right direction for sure.
We also know Cascadura has 558 feet still to tested while we never hit never hit the bottom on either well so could be a crap load more to come from What is already a world class find.
Royston as Paul believes could do to a 1000bopd and zero priced in on that and of course if that is good to go then what an absolute find that is and wasn't it up to 8 wells on that structure. Kraken well that's a big if but if that's a hit it changes everything. What I will say is the market knows Txp can bring these assets onstream 100% now as has been proven so while they play there games I will added more due to absolutely knowing Cascadura will be coming online plus Royston ( already has flowed at 500bodp )so an absolute no brainer in my eyes. That without anything else being found on the Ortoire block and Txp on this block has a truly fabulous record. Even chinook will look at again as the believe oil updip if memory serves me correctly.
Anyway nothing has changed here whatsoever but time and while I could put mo eyes from here elsewhere there is absolutely no guarantee I'll make money. Just my opinion but I think I'll make very good returns here with as much risks as time is not a problem to me especially as a world class asset has already started being worked on.

I believe Cascadura has a lot more to give when you read this.

The data collected in this flow test indicates that sheet four is separate from sheet three, where production is expected from the Cascadura-1ST1 well. There remains an additional 558 feet of potential pay above the tested zone in sheet three which can be evaluated in future development wells."
Also got to remember they never hit the bottom due to the pressure. I think a lot here including myself think Cascadura could hold upto 1 TCF of gas.

Fantastic news and a doubling of production for Txp and the market knows they can bring the assets online. Sold the pipeline to Ngc which should be well over a million pounds I would think so goods news with that. The market knows Txp can bring the gas to market so good news also.
Cascadura up next that makes Coho look very small in comparison but Coho is so important to kicking off what's coming next . We have to also remember that the T&T government are also talking to companies about reducing taxes in some form on gas production.
Also for that remember when coho was first discovered it was a slow climb up which I much prefer to spiking up.
Can't wait for that world class asset to come online in Cascadura.

Starting to look an embarrassing pay rise from BT who actually made 1.3 billion profit.
Shareholders got 58% or £761 million of the profits yet workforce got 5% or £65 million making an average 5% pay rise.
Nearly everyone across the uk has rejected that 5% rise yet BT forced its workforce to have it.
This from company that could of afforded a much better pay rise but choose to give themselves a 32% and 25% rises and reward shareholders more rather than sharing it out so everyone was happy.
Says absolutely everything from management that watch some of it's workforce go to food banks and do absolutely nothing about it.
Shame on PJ and management.

It will be two and a half months on Wednesday since the testing and safety checks started on a small facility and pipeline. Don't think it looks bad on Txp because they have been waiting for the safety checks by whoever is doing them for the government.
Basically if we get Cascadura facility done around Christmas or just after then looking at months just for commissioning and safety checks which is crazy. At this rate the Cascadura facility will be completed and pipeline in before coho comes online.

You have it on good authority that only 8k are striking this time. Well you know more than Bt does as they don't know till after the event who was out and same for Monday. You do talk utter rubbish.

All I know is a very simple onshore gas well a few kilometres from a facility has taken 3 years to get to this point and has now been waiting 9 weeks more to have more safety checks done

As long as Paul keeps us all informed on the progress this time. Agree they got everything in Trinidad ready so I'd like to think Txp have now learnt from Coho problems that will help bring Cascadura online far quicker . I will be over the moon that Txp have done first gas onshore in 20 plus years in little Coho.
Cascadura is a monster about to be woken up and boy do I look forward to that day .
Let's not forget Royston that could be another huge find.

Fantastic news at last Scott and fingers cross for a great rns.

Got to agree Scott. The oil and gas is going nowhere plus could very well be much more to come from those assets. I can even say I understand what's happened with Coho as a learning curve for government and Txp as first gas onshore for many a year. What I don't except is the company thinking it doesn't have to keep us informed about information that has a big impact on cash flow going forward and in a very good way. That's Paul's job to keep the market informed, it's he's responsible.
To me that's unforgivable that a Ceo can't be bothered to inform us of a big change in cash flow and it's almost like he doesn't want to see he's shareholders benefit from a higher shareprice. They twitter info instead of Rns to the market instead of both.
Has Txp got the shareholders interests at heart well I'm beginning to think not. No matter what gets put up here there is no defence for what Paul / Txp has done in not giving us a Rns on spt tax reform that benefit us.

This is not just about Coho time frames as I expected certain delays ( not this long). What I expect from Txp is to updating it's investors on things like the spt announcement from Trinidad that makes Txp more profitable by paying less tax. It's a fundamental change that benefits the company but they just can't be bothered to Rns the information to it's shareholders.
That is shocking for a company with a world
class asset and looking to grow the company.
Paul is becoming a liability to this company as its he's responsible to keep us informed and that has clearly not happened on to many occasions .

Nearly 8 and a half weeks to test the pipeline and safety check, yet just over 4 months to put in.
How utterly embarrassing for all concerned.

Don't worry workforce your pension is covered no matter what happens ( crown guarantee).
The government failed through the courts multiple times to get it removed .
Even new starters I believe. If BT stopped trading the scheme covers around 71% of the liabilities as of 30 June 2020.
Thanks government .

Just noticed the date . Already sorted.

https://media.ngc.co.tt/attn-residents-and-businesses-within-poole-valley-road-feedback-on-proposed-works

Yes got to agree as it's 3 weeks since we were told everything was ready to go and final safety check by safely engineers from government.
What's annoyed me as much is that Txp haven't even the decency to inform us ( like other trinidad oil & gas companies have) about the SPT which is an Important bit on news .

To me it feels like Txp doesn't give a sh.. about it's shareholders anymore, so yes I absolutely agree to send them a message that this is not good enough from them and actions will be taken if this keeps happening