Member Info for smasher

Once we get the go ahead for Casca from government that rig could smash out the infill wells extremely quickly. Monkey would know more i would think on how quick a rig like that could do an infill well at Casca and if doing 4 of a new well pad you can see where this is going . Would they move the rig after doing just one well ( hmm I can't see that but I'm no expert ) .

What if Royston drill is another hit even if like Casca you are not going to have that right sitting doing f...all till the next explanation drill ( kraken or the likes) is ready. Those 2 rigs will be working flat out .
Just my opinion.
Bring it on Txp .

You forget the new rig drills a third faster than the old rig so cheaper per well. And extremely quick to set it up looking at the video , each infill well will be much quicker especially off the same pad. And also drills deeper.

It may have been 20 years plus since a huge gas find like this onshore in Trinidad but they have had over a year to get it sorted and they have been dealing with offshore gas finds .

Monkey makes very valid points . You can't keep saying its bad weather as oil and gas companies drill in most weathers and set up in most weathers. If you can't get supplies to build whats needed then get done elsewhere and have it shipped in.

And as for giving info out on social media how about doing it the official way with the market so I get a better understanding of actually what is going on the ground instead of snippets of info . I want an explanation as to what the hell is going on with Coho after this long as we could have bypassed shell and had it connected in the time it's taking to try and sort it out.

Paul certainly needs to get to Trinidad and kick some ass of that there is no doubt . Just my opinion

Come on Txp we are heading towards the end of July and we've heard nothing from you.
What the hell is going on with Coho / Chinook test / Royston spud.

To think shell was sitting next to the biggest onshore gas find in trinidad and with Coho and Chinnock on top of that and if Royston comes in then I do believe an offer will come in by end of next year poss after kraken. Just my opinion.

Linton
Yes down 47% but I bet you've made the most of this like most here knowing absolutely nothing has changed.

The Market smashed Txp thinking chinook was a duster when in fact it's looking the opposite and more wells to drill on it next year. End of the day if Chinook flows at commercial rates then it's a success and 4 from 4 wells with Royston up next.

The Ortoire block is turning out to be nothing short of being fantastic for Txp and with absolutely huge prospects coming up compared to what we've found so far in Royston/ kraken and the rest it's looking to be fabulous investment especially at this ridiculously cheap share price.
If Royston has gas and is good this has got to be pushing over £2.00 . We also will have a reserve update after Royston Paul said which will include Casca deep chinook if good and Royston .
£2.00 sounds ery cheap to me when you look, at it . Just my opinion.

Boy, how the market has got it wrong on Chinook by miss understanding the info.
In all honesty so did myself but was soon given a better understanding by a few here that in the game.
So are we saying 4 drills on the block and 4 hits with the fifth well ( Royston about to kick off.
Bring it on Txp

Bang on about Royston . Shell was not interested at that time about the gas from what I remember reading a while back . Not sure but haven't they got original member of the team talking to them about the drills at Casca and Royston which was why Txp are so excited about the drills.

Come on Txp and communicate with us as how long does it take to sort shell out because if playing hardball then just bypass it like you said . God we could have done that by now and been producing and earning.
Ngc are the bloody government so absolutely no problem so whats the hold up and don't say covid because you have stated as soon as they get shell to agree they can work on the pipeline straight away.

Come on Txp what the hell is going on.

That's good news . Got me thinking of food now.

Just this second got another 4 grand worth.
Let's hope for some food news

Strange we have no money when we have 15.4 million cash and 12.5 million available to draw down if needed and Paul absolutely says we are very well funded only a month ago.
Why do you state we have no money when our Ceo says otherwise.

I was just thinking could Txp pick up Shell onshore carapal Ridge and Baraka cheap as they are small fry to them and was part of a deal.

I wonder if Txp could buy out carapal Ridge ( shell ) as it was part of a deal with BG which also involved Baraka which are very small operations for the company. Shell are looking to diversifying go forward .
Just thinking if a deal could be done to suit both parties. Let's face it Txp will be by far the biggest onshore gas producer.
Just thinking out load.

Also to get a cpr after Royston on reserves from Casca deep and if Royston is good.

I think Txp are going for one approval for the whole of Casadura and not the whole Ortoire block .
Which includes new pads / drilling / pipelines and the rest . What Paul said is that they will have a bank facility also to speed up Casca once they get approval. Ngc are ahead of us and he stated they will not hold it up but possibly us waiting for the approval .
Looking good.

Casca is a world class find and was going to take time to put things in place and the fact is we still don't know the true extent of what's down there. Christ we haven't even penetrated the Deep yet . Can't think of many oil and gas companies that have keep time lines because so many things have to come together. Every man and his dog understands delays in this sector and if people can't understand that why do you invest in it.

Knocking Txp or Paul is bloody stupidly after an absolutely fantastic year and you possibly don't understand the complexities of what needs to be done to bring these wells online. We are at the very start of exploration on the block so much has to be done and put in place. Surely as an investor you take this into account before putting hard earned money in. If not then p.ss poor research by the individual me thinks.

All those sell over the last few months yet being snapped up, game of chess comes to mind.
Hey if you can do better then ring Paul and tell him where he's going wrong, but somehow I can't see that happening.

Money in the bank , money coming in from legacy oil fields and a facility to draw upon if needed. Some should stop trying to make out we will struggle as that is not the case . I think we have around 23 million available to us or there about . Always just my opinion.

What are it's capabilities to what we have at present.

What can that new rig do, Paul bid tell you all and again tunnel vision by some. What has it been brought in to do and why.

Faith doesn't come into it if you do your research. All this has done is give me a wonderful opportunity to pick up some more shares cheaper knowing what's coming down the line and if that's 3/6 months longer than expected then so be it and like I said the gas and condensate is going nowhere .
Some people just have tunnel vision . What people see as bad I see an opportunity to make more money.

The wall/ mountain of cash is coming be that end of year or beginning of next and building up during the year. Yes they have mentioned it a lot but who wouldn't in that position.