Member Info for smasher

Well I was saying it could be connected due to how broader Chinook is to casc . Anyway let's hope it is and an even more gas at casc deep or oil.
2 world class finds is amazing and Royston the mighty to come next year.

As always , bring it on Txp.

That's what we like about Paul , he tells it straight but never goes overboard and lets face it he doesn't need . Nobody here wants Txp sold yet and some not at all, but it's going to take some offer if casc deep and Royston come in to get this company or block.
I will be adding more as I'm sure most will after that.
I say bring it on.

At this moment any bank out there would lend to us . I take from the presentation that the geological model is looking spot on so looking forward to casc deep but I think Royston is just special due to it's size and the fact 700ft of gas effect so can you imagine just what that could hold.
The only thing that worries me is shell coming in as 2 world class finds and with cascadura deep and more gas and Royston which they obviously know about it could be 3 world class finds and coho . Put the central block to shame.

That Jaykee posts have all been removed after he posted the reply from Txp. Was it a genuine reply or made up. Why would then take it down if it was genuine.

I think that just confirms what we have been saying that Txp just get on with the job. With plenty of news coming over the next 6 months like coho coming online, the Ngc deal, casca deep results and the testing of them both , Royston, bringing casc and Chinook online . Poss more drills on what we've found and new targets to go at.
Great company that talks to it's investors plus the vision to see what other companies couldn't and it's working extremely well so far with 3 from 3 so far.

That clears it up for me thanks. Looks like 2 test results early next year then so happy with that.
Back to work for me.

www.energy.gov.tt › 2020/01PDF
Web results
Trinidad & Tobago Gas Master Plan - Ministry of Energy and Energy Industries

Look i think a few need to do a bit of research and thats no disrespect to them .
This will give you pipeline capacity information, certain licence info, once you go through the relevant information you will understand that T&T are absolutely jumping at he bit about what touchstone has found and just what it could do for them.
Txp are in an absolute fantastic position at this moment due to the continuing shortage of gas and Paul knows it.
The best way you can put it is thats it's a perfect match that benefits everyone.

Absolutely nothing is priced in for Chinook as cascadura more than covers this price and then some . We have 600ft of gas at Chinook and it's around 4 times the size of cascadura. Existing assets producing and coho to come online this year.

We could have more gas at cascadura before we enter the deep structure on this drill which is world class as it stands. What an amazing year Txp have had and lets hope we finish it of with another successful drill . If cascadura deep is successful then we have some serious testing to do on them both. Then the mighty Royston to go at with it's 700ft of gas effect to go at.

I will keep adding as much as poss as this is so undervalued .

They would have got the testing equipment on site already as they will be testing cascadura at high pressure . If they start the drill before year end then they will have complied with the licence requirements. Somehow I doubt TT government will penalise Txp for running behind due to finding 3 fantastic finds.
Txp have done an amazing job this year which will certainly carry on into next year. I'm not knocking the team for not testing but what they have said doesn't quite sound right to me . I have explained why and of course it's just my opinion.

Cascadura is a world class find as it stands today and we have Cascadura deep just about to start this month to find out how much more gas is in the Herrera sands before even going into the deep structure.

Chinook is much much bigger than cascadura being up to 4 times broader and the team have found 600ft of play and Paul has stated it's a significant find. Now you tell me what other company walks away from testing a huge find like this especially as a week or 2 delay is no big deal as was running late already by drilling to a deeper depth. It certainly isn't cost so that can be ruled out and the rig blocking the access isn't right either Paul stated they will test Chinook will cascadura deep is being drilled.
To me it points to Txp and Paul wanting to keep a tight lid on things. To come out and say the have another world class find would have even more big companies taking interest at the wrong time. It's the shareholders that will have the say in selling the company and if that's going to happen what does the company do. What would you do .
Just my opinion.

I think we need to remember that we have found a huge amount of gas from 3 wells and the likelihood is a lot more to come from the block. Ngc has to take into account casc which is a world class find and now Chinook is poss another world class find plus poss casca deep with even more. Has the 30 inch pipeline running across our block have the capacity to take all this gas .

A lot going on in the background we don't know about that will need sorting which will take time . I personally think paul is managing expectations as surly they could have done the testing and then move the rig to casc deep and if it meant a week or so delay then not a big deal really. Can you imagine if Paul can out again and said another world class find as the share price would have gone mental. Just my opinion that they are keeping a firm lid on it.

Was a billion dollar only a couple of months ago so is Chinook another world class find. Got to now believe it is when say poss 2 billion deal. Christ can you imagine if cascadura deep and the mighty Royston comes in. So ten weeks or so and probably 2 more fantastic bits of news coming. As some have already said I just keep on buying .
3rd or 4th quarter next year will see huge amounts of cash coming in . Really looking forward to casc deep this year and Royston next year. Wonder if they will drop another drill in before Royston at Chinook if permitted.

Well we know the share price should be beyond this just on casc alone . Now you have Chinook to price in and fingers crossed casc deep. And the NGC deal.

Do you need a rig for testing ? Just throwing it out there.

But he stared they would test Chinook while drilling cascadura deep so if he could do it then with the rig at casc deep why can't they now.

One other thing Paul mentioned if Chinook was successful then they would test it while drilling cascadura deep , so I'm wondering why they have changed their minds .
HB
Yes cascadura 1 was going to that depth but the deep is going 8500ft but could be much more for obvious reasons.
In all honesty as long as they keep find gas or oil then everyone is happy.

Maxed out at just over 10000ft and again never hit the bottom with Chinook and that's with the new top drive on the rig.
Chinook deep will be needed . Definitely need both rigs now but the problem i see is what if casc deep structure is as more like Chinook depth then this rig is not capable again of completing the drill. The drills will be slowed down.
Great that just like cascadura a lot more to come from Chinook .
I believe another world class find and just a case of waiting till early next year for results .
What a year 2021 is going to be for the mighty Txp.

Now back for the casc deep drill which for us is just as exciting knowing more to come from it . NGC deal and then results from Chinook . Then the the beast that is Royston with it's 700ft of gas effect which was never tested.
Not selling bugger all till after that drill .

Not connected as I thought it could be. Never mind it's another great find for Txp and long may they continue.
Very happy Investor.

And another successful drill .
3 from 3 .