Member Info for smasher

Going to be a colossal step change in production over the next few months and will just keep going through the next few years.
That little well that is Coho will double production and as for Cascadura I think we all know a lot more could come from that world class asset 550ft still to test and not hit the bottom yet either.
Royston is a huge find for Txp and when the St is completed and we have a good flow rate the market see just what Txp have found and of course be sold straight to market.
I was happy when I watched that interview with Paul a few weeks back as you could clearly see he was incredibly pi.... off with the delays, but they have learnt from this that's for sure.
Anyway I still believe this will be brought out after the infills at Cascadura and Royston is proven up more. The reason for me is that the Ortoire block in turning out to be nothing short of being absolutely outstanding which I'm sure has not gone unnoticed that's for sure. They still have kraken and the rest to explore and let's not forget Coho 2. The Ortoire block is going to be by far the biggest producing block onshore Trinidad and could very well out shine some offshore blocks..
Just my opinion of course but one I always believed would happen due to big players around us and the shortage of gas and the more they grow the more attractive they become.

Yep I'd say the same when you think they have built and shipped large parts of the Casca facility on to the island and put in the Coho pipeline. Get the money back for the pipeline soon.
Bring on the new TXP and this time next year we won't recognise it .
Transformation starts in the next week or 2.

And yet at 87p it's still a bloody bargain when you look at what's about to happen here.
I just kept buying because I absolutely believed Txp could deliver the world class asset and everything else found . Just taken longer than expected but the long wait is almost over .
We all know what's coming here .

Yep I'm expecting a bit more as it's doubling production within a few weeks if all good .
All going to kick off very soon with news coming regular I hope.

Absolute fabulous news today after so long waiting.
They can do Casca now with nothing to hold them back which the market will love.
Bring it on I say.

Much appreciated Mj, I had no idea about the flare but it makes perfect sense.
looking good for around middle of the month if all goes ok.
Thanks

Subsequent to these operations, system commissioning
operations will commence, which entails the introduction of natural gas from the Coho-1 well into the facility
and pipeline in a step rate manner, officially bringing the system onstream to the Central block natural gas
facility

Question
Does the step rate take a week or 2 or is it done over a few days and is it purely for safety reasons. Also why is the testing of the flare important. Thanks

It's actually starting to get exciting again after the long wait for Coho. The market will be upbeat about it as will investors as we will be producing from the Ortoire block and a doubling of production.
Cascadura facility will be getting built and pipelines being built .
What a ride this is going to be for us all with infill wells at Cascadura /Coho 2 and who can forget the mighty Royston st . The transformation of Txp is just about to start thanks to the fantastic assets found and about to begin bringing in that wall of cash we have waited for. The next chapter of the story is about to start and I've a feeling it will be better than the last one.
Get those rigs fired up Txp.

Much appreciated mate . Get that and we can really crack on with Casca with a lot of gear already in the country.

Taken a long time but just about done. Just need that EIA to be sorted over the next few weeks and then nothing holding the company back .

You have absolutely no idea at all about life whatsoever and act like a little child that needs constant guidance to get you through the day.
You would be the first to run at any sign of trouble because you haven't a backbone to stand up for yourself or work colleagues .
I have over 33 years working in the external network and have just a few years left before retiring and yes I have put on weight which is something most do as you get older but my experience more than makes up for that or i wouldn't be helping the very young workforce learn the trade.
The problem I have is a lot don't wish to learn and just want to get up the tree to earn the big money without putting the time in. That's why nearly all of them only get trained on one thing like put in cable or jointing but never multi skilled like the older generation.
That's why they get paid much less. When sh.. hits the fan guess which engineer's get the call because they have the skills to get the customers on much more quickly.

Sorry but you just don't have a clue at all and this company.

58% of profit went to shareholders while only 5% went to a pay rise. Over 10 times more so who's being greedy. How much more do you need for God sake.

Yes i get that but it's still going to be the biggest producer onshore even waiting for a longer period to confirm flow rates. Plus also the reserves could be a lot more as we have 550 feet of play to test still at Cascadura so flow rates could also be substantially more as well.
With the legacy wells Cascadura/ coho I'd say it's a fact even if it drop by 30%.

Txp to become by far the biggest oil and gas producer in Trinidad onshore and that will keep getting bigger as infill wells come online.
That's just fact unless another finds what we have found.
Then add that little oil find in Royston on top and possibility of the infill wells on that.
The one thing Txp has got is an absolutely incredible asset in the Ortoire block that just keeps getting better. If kraken has also got oil or gas would be matching some offshore blocks.
The potential is absolutely fantastic and one thing we can't knock the company for is that they are finding it across the Ortoire block.
Coho was always the start of it all and Paul was wrong to say what he did about it . A few here including me always said it was wrong as it was never about the flow rates but the actual ability to bring it full circle in to production thus proving the company came achieve it's objectives in pushing the company forward.

As Scott would say the story is still intact and just the timeline has changed. I would also add I think it's going to get a lot bigger as we move forward.

And what the hell is going on with the share price as nearly 139000 buys and zero sell and it hasn't even move the price. Over the last few months they would drop this on a 10000 sell .

Construction is underway on the 63-foot above ground pipeline to the Central block tie-in point, which is the final requirement of the project.

· Upon completion of the tie-in, commissioning and handover of the pipeline, Coho natural gas production will commence with the expectation that production will increase over time to 10 MMcf/d (1,667 boe/d) gross, 8 MMcf/d (1,333 boe/d) net.

What the hell is going on as the final above ground pipe was already underway over a month ago. Paul better come out with a good rns as we have been waiting long enough for first gas.
Once we get the go ahead for Cascadura and they give a timeline I expect them to bring it in on time as Coho has been nothing but embarrassing from the start.

Come on Txp, have you had that meeting for the last few issues and responded to those.

It's been a month so come on what's going on.
Keep us informed then at least we know the timeline ( 30 days ). It's really not hard to keep your shareholders informed.

Coho / Cascadura then prove Royston flows I can see this at around £2.
That a sh.. load of oil found at Royston worth a fortune and the market has given zero for it and Cascadura is worth far far more than this share price on its own. Wake up market.

This is absolutely a bargain no matter how you look at it . Legacy wells around 1300 bopd / Cascadura will produce from the first 2 wells around 1500bopd and Royston could be around a thousand bopd .By the time the infill wells are done it blows them out the water . And that's without the gas.£0.56 share price is insane .

Trinity is on its way back up going from £0.90 to £1.08 in a week yet we are on the verge on doubling production in the next week or so and it's flat and 4 months down the line Cascadura could make us the biggest onshore producer.
Hade some big buys over the last few weeks and it just doesn't move.
Absolutely can't get my head around it. Christ you could put Trinity and Shell's central block together and it wouldn't match what's about to happen here and that includes if Trinity doubles it's production.
At some point they have got to let this go big time.