Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
I believe Txp can deliver a world class asset in Cascadura by the end of March as nearly everything is in Trinidad with much already built and ready to go once the concrete is dry.
Ngc is absolutely smashing in the pipeline so will be at the facility ready to go . I honestly can't see much that could hold this back and especially as they have learnt so much from doing Coho. Any one remember Paul saying they would over estimate on times from now on a while back , so I'm wondering if Cascadura could come in slightly early than expected.
This is the big one that puts what we've done to date look miniscule in comparison and next year it just keeps getting bigger.
Really hope Txp update us on Royston as that's another game changer if it flows at up to 1000bopd especially when you think of the infill wells on that beast.
Things have changed now as we have proven we can bring the Ortoire assets online with little Coho as the starter.
One huge asset is due to come online in a roughly 4 months and another big asset to be proven up .
Yep more than happy to wait on news throughout next year as most will be increase in production in oil and gas .
Bring it on I say.
Tell me this about the Daily telegraph in how do they know those figures when BT has never released any. Bt stated it was a big payrise in April but what about now as the management knew is was going to sky rocket.
The rest from that piece is just rubbish as most would expect from them.
Is that the best they can do , next you lot will be saying upper management leaked it to them haha.
Would be nice Lexion if Txp put an Rns out with an update of Cascadura progression as it's been a few months. Does look as if Txp have learnt a lot from bringing Coho online. So much happening over the next 12 months on the production front as well as Royston.
I was hoping instead of Royston Txp would drill another well at Coho first but Royston is potentially another huge find especially if it does flow at around 1000bopd.
Looking fantastic going forward into next year knowing what's coming.
40 thousand bb connections down because of industrial action. Well like Openreach engineers said on here that the strike was having a big effect on the company which will continue and a workforce that knows management couldn't give a crap about them . So all the overtime didn't pull that back and a workforce that's not got drive for obvious reasons.
https://www.reuters.com › energy
Trinidad ready to boost LNG, ammonia exports once more gas is online
Also looks they are going to build a small LNG hub .
Aren't they doing the gas reform as we speak. Mr Young mention in his speech that they are talking to companies on that front. Looks a good appointment for them especially as he's about to produce a crap load of gas for Trinidad.
What could be delivered in 2023 after the few years of waiting and that's without anything else we could find on Ortoire block. Very big year coming and that wall of cash will just get bigger and bigger as Cascadura B pad comes online .
Ngc moving at pace with the pipeline and no wonder Txp said pipeline could be finished before the facility is . I do believe we could have Cascadura being delivered faster than we think and not much should hold it back as just about everything Is onsite or being finished by companies in Trinidad.
Maybe just maybe Txp have actually learnt a lot from the delivery of Coho.
If that is the case it certainly looks good moving forward for the Cascadura field. Interesting to see how the market will react if they bring Cascadura in ontime or early, especially as it's a world class asset.
If Royston is good let's hope Trinidad can put the permits in place quicker than they did with Cascadura as that a sh.. load of oil in the ground.
Bring it on Txp.
Hard to say what the share price will be in May but if Royston is good then F... all has been priced in on what could be a fabulous oil field especially if flowing up towards a 1000bopd. We know Cascadura is world class and should come online before May you would like to think it would be between £1.60 to £2.00 and gradually increase throughout the year as Cascadura next phase comes online plus anything else they do. Each pad at Royston I think can have 4 wells but not 100 sure .
More than happy to follow this and take profit as we move through the gears.
And again on the attack because that's all you can do. I asked to have a post removed as it was an utter disgrace and Lse agreed and removed the post. Yep I'm a waste of space yet the company you have faith in has kept me
on the books for three and a half decades and are happy to do so till I retire in a roughly 2 years . I can hold my head up when I walk away knowing I help them through many changes in my time.
You on the other hand can't even follow the simplest of rules on the Lse and continues to break them. I doubt you can do anything correctly as is being shown on here.
7 days since Coho came online and spewing money into the coffers, can you imagine when Cascadura comes online in full let alone Royston if they get around a 1000 bopd from it and it's infill wells.
If Txp can get Cascadura online for first quarter next year as they say they've learnt so much from Coho ( including government) then everything is falling in place. Basically we can almost guarantee production will increase substantial over the few years with the infill wells alone without anything else found in that time. The Ortoire block is a absolute gem and Txp have it lock stock and barrel. I still shake my head at this share price knowing what's about to happen. I don't need to look at other aim companies as I have all that I need here over the next few years and a dividend possibly in a year or so.
We talk about the 560ft of pay at Cascadura that still needs testing but what about this or have we forgotten.
Cascadura Deep-1 was drilled to a total depth of 8,303 feet. Drilling was suspended prior to the planned total depth of 10,600 feet due to high pressure gas zones encountered while drilling.
So we still have that to drill and tested 2300ft . You can certainly see that Cascadura could be an absolute stunning find onshore Trinidad. So looking forward to seeing just what Cascadura holds and I'm betting close to 1Tcf.
Bring it on I say.