Member Info for smasher

Well at least we have four huge deeps that will be done within the next 3 weeks and 151 coming on line in that time as well. Let's hope they get one or two of them deeps on test and we will be laughing.

You will all start if Chinook comes in ( champagne corks will be popping) .

Come on Chinook be another monster in the making especially being around 4 times bigger .
And to round it off please be connected.
That would certainly be a carlsberg rns early part of next month.

Chinook will be doing around 250 ft a day on average but will be very interesting if they hit gas at around 4000ft to 5000ft plus or upper and middle Herrera sands that wasn't found on old drills at casc 1 by shell but we did . You would expect if these sands are at Chinook they would be slightly deeper as we are drilling south of casc .So looking forward to this and the next drill.
Expecting share price to move up towards results. A hit at Chinook could make casc look small if it's as big as they say or we could hit nothing. What a great game we all play, so fingers crossed we hit another monster in Chinook.

so when casc1 and poss Chinook and casa deep do come online we are looking at $2.55 which more than happy with . Coho will keep us ticking over very nicely. Looking good in my eyes.
Bring on Chinook and the casa deep i say .

Will be good to get the NGC contract sorted so we know what we will be getting. I'm going for $2.50 / $2.75 for the gas.
If Chinook only has say 100bcf it all adds up on the reserves. And again if casc deep has the same but hopefully a bucket load more please.
Not long to find out .

The acid better work as it took long enough in the lab to get the formula correct to be able to clear this wells and at some cost I bet. All I want is one deep on test to prove it can be done and if more deeps great .
If the average is around 1500 bopd from each one I'd be over the moon with that and any more then that's a bonus .

Could care less about if acid was on site or not as it is now and the work on the deeps starts during August and I for one am pleased we start again .
If memory serves me right it's around 3 days on each well . What does concern me is if they get a couple flowing and with existing production have they the capability of transporting that amount and even more so if all 4 deeps spring to life.
One thing for sure is that we will find out over the next month.
25p by Christmas please.

Bw7 and BW-7x are chinook and it's side track .

This comes from chinook side track.

1,552’ Gross Herrera thickness 1,253 feet of Net Hydrocarbon Pay 113 lbs/ft3 mud weight
Free oil while drilling
“severe tectonics” (bed angles)
Not Tested
Notice the depths at the top of the graphs indicating on the side track 7685 and on first drill at 7882 then look at what txp say top of the herrera sand start at. Casc deep is going to drill to I think around 8000 plus ft for the original target .
Interesting isn't it ( just my opinion but is one feeding the other only being just over a mile away )
Stacked reservoirs . As they say casc is much bigger than expected with no boundaries found .
Just my thinking but hey worth a shout.
Few days to spud then roughly 38 days to find out. As long as they find more gas or oil I don't care.

Got to be north selling

I've ever seen one share brought on this shae, you know what they say.

The 5th week of g50 rig being at A5 now so really hoping they have cleared it or what was the point sending it there.
Come on Caspian give us an update. Just some good news on these deeps even if it's the bloody acid onsite. If people can travel now I'm sure they can get the acid to Kazakhstan.

Does that include 2500 barrels of Lng with the 2 wells at casc.

Just sit back with a nice beer or wine and relax . Just remember one thing which puts a huge smile on my face and that's these figures are just for casc 1 nothing in for casc deeps or Chinook. No matter what a mountain of cash is coming 100% in second quarter next year so just think if the next 2 drills are successful.
Like I say bring it on Txp.

Is starting to wake up to what this company has found.

Absolutely mate.
The great thing here is no matter what quarter 2 next year they are going to have a mountain of cash coming in ,now that's a bloody quick turn around from find to production on a world class find . Can you imagine if Chinook and casc deep are good and 2/ 3 wells on each structure if possible. All I can say is mind blowing. Just casc is fantastic without anything else.
Looking amazing going forward that's for sure.

From Director's talk.
On the gas sales contract, I’m hoping everybody can be a little bit patient with us, this is a huge contract for us, probably the biggest that Touchstone Exploration will sign. We’re just working through the various parameters of it but it’s going very well, we’re getting down to the final parts of those negotiations now and hopefully we’ll have something announced before the end of the summer.

Take your time Paul as we know how important this is for all. Very exciting time for all of us here and I like the fact Paul states it as it is with no crap in between. Timelines as we all know can be difficult with exploration companies but the company are never far away with them . Built the foundation's with coho on this block and now with casc the first stage lift is going up and with Chinook the first lift will be completed fingers crossed.
Absolute fabulous finds up to this point and long may it continue and I certainly wouldn't want to bet against them on the next 2 wells .
All I can say is bring it on Txp as we are all behind you.

I know that mate and that's why I said £2.50 plus . If and I say if Chinook is very good and casc deep also and production on all we will have to see what the market will price txp at. But I do know if the drills are successful it will be way beyond this price.

Yes mate I don't want them taken out on the cheap , that's why I said an offer next year after in production which would mean Royston has been drilled. I would prefer if Chinook is also a monster to drill a second well on Chinook after casc deep instead of moving to Royston to prove those assets up.
Got to remember Txp are on the radar now and if 2 more big hits before Royston then that's 4 hits out of 4 on potentially a new play. That's why I say how far before the big boys like shell come in with an offer.
Looking very good here going forward over the next 6 months.

Put it another way if shell came in after Chinook and casc deep with an offer of let's just say around £2.50 plus per share not many would vote no . Of course they would have to be in production. Even that sounds bloody cheap if the next 2 wells are monsters.

Of course shell could snap this up but the more you prove up and get in production the more it costs to acquire the assets
They would not go for a few wells when they can take the whole block knowing the first 3 or 4 wells have all hit substantial gas I which I mean world class and a new play opened up . What risk to them as they have a world class assets and the cost to drill the wells is absolutely peanuts to them and bring them on line .
Personally I think I would be the whole company lock stock and barrel.