Member Info for smasher

Paul has stated the reserves update after Royston for Casca deep.

Reserve update after Royston results.

Well Royston is a free ride knowing the share price should be up around the £1.50 mark as it stands without Royston and the 4 legacy drills.

Txp understated just how big casca is. Very much looking forward to all this news over the next few months. Share price £ 0.82p is absolutely crazy knowing what's coming. And no need to raise money Upto production of casca. Looking good.

Says the man that lost everything on Bpc, bitter and twisted and can't let it go.
I don't like to see any investor lose money but with you I'll make an exception.

Experts at knowing what each investor has done with holdings since investing in Txp . You've got to laugh at the pair. Opening mouth before engaging that brain.

Happy with that news , Casca is going to take longer but hey a world class asset is going to .
Royston is on its way at last and by far the biggest prospect to be drilled. Coho pipeline to go in beginning of September so happy with that .

Coora
CO-366 was drilled to a total measured depth of 3,420 feet. The well encountered 180 feet of net oil pay
of which 142 feet is in the Upper Forest formation and 38 feet in the Lower Forest formation. CO-366 will

initially be completed in the Lower Forest format.

Can this be correct.
James Shipka, Chief Operating Officer, says “improvements in our drilling operations and our move to a
continuous drilling program has resulted in significant savings. Our last well, CO-366, took 7.4 days from
spud to rig release versus the 14 day budgeted average”.
That is bloody quick if I'm reading that correct. Surely to god the new rig couldn't beat that.

That new rig will be on the road very soon to drill on the legacy fields. Going to be interesting to see just how quick they can do one in as it cuts around a 3rd off the time meaning the wells will become a lot cheaper to do and get online so more profits for the company.

Yes but almost impossible to do that as Market regulations clearly state that anything that materially could effect the share price must be rns within 3 days unless under certain circumstances.
A world class find and 3 other hits would be hard to explain away to the regulators.
But yes I remember it mate.

You are missing point in the fact when putting an Rns out it influences the share price one way or the other be that Royston drilling rig now online or Coho pipeline starts the 1st of September we would see movement in the share price as you have updated the market instead of some twitter account. The last update was almost 3 months ago.

No, Txp must release news by Rns under the market regulations and not some twitter account.
It's been months since an update to the market and shareholders. Coho to the market and shareholders is an extremely important bit of news and would reflect in the the the share price.
Is Txp wanting to keep the share price down for some reason.

All coming together at last. To me Coho means a lot as it shows to the market its happening and money finally coming in from the block and with Casca due next. Plus 2 rigs smashing out wells it's starting to look extremely good here after the long wait. Come on Royston .

I do feel sorry for HE1 investors as it's hard earned money put in.
I always wait till a strike is confirmed and flow rates tests done before I start building a position in the company and while I will pay more it's far less risk. Finger crossed they pull the losses back over the next few months.

For Txp It does show you just how well the company has done on the 4 drills and with Royston up next which is the biggest prospect on this phase of drilling.
Looking forward to having a good spell of news .
Bring it on Paul.

Hmmmm let it go as I'm sure you can recoupe your losses on another sector of the market as oil and gas exploration is not for you.

Over the years I've had many like you come on a board talking rubbish, the truth is you have had the shirt ripped off your back by Aim and can't let it go so lash out at all.
Most here are hundreds of percent up even after the drop and are playing the game perfectly. If that is what you call mugs then your on another planet. Very negative looking at your post history.
To think we would just let our investment drop and do f... all about... hmmm.

While Casca deep has been tested there is still this.
There remains an additional 558 feet of potential pay above the tested zone in sheet three which can be evaluated in future development wells."
Not to be sniffed at so to speak.

Yawn , as same old rubbish. Billions is being spent on explanation across the world yet you say oil not worth investing in. Nothing else needs saying but this , Txp looks to be heading towards being predominantly gas at this moment so your thinking on Txp not correct plus Trinidad need gas and hey guess what we have a crap load of it.

Rig should be in Trinidad tomorrow morning by the look of things. When this share price turns I hope it catchers a load out . Aim has a funny way of do just that.

Apologise I have got it wrong on the video of the rig set up . It was a rig 101 I think of 1000hp that was shown could be put up in 3 hrs.
I have contacted star valley drilling and asked a few questions about the time it takes to set a 205 rig up and if anything has been added to it for working in Trinidad.