Member Info for trytryandagain

We will be drilling again in a few weeks and they reckon they will be drilling on the licence for the next 5 years and scope to bring a second rig in next year if the next drill in July/August is successful.

17 prospects more on the licence area, all current drilling have multi well permits in place 5 for each, pipe line should be paid for as part of contract Coho we are paying ourselves and more than likely sell the pipeline once up and running to tie in with the total contract and pricing. negotiations still ongoing and will give full details when they can I suspect this could take up to October for full details.

Ok thanks Badger, but I don't see why extra production wouldn't be covered by the $60 or why have such a high bopd figure.

So there should still be 4 new wells this financial year as Egypt hasn't been slowed by the current Covid crisis.

I just topped up two different tranches both not showing another 400,000 K :-)

IMO they will always pay a dividend when an asset is sold off and reinvest the rest.

Thats one hell of an RNS!

Thanks Badger

I'm in profit Yayyy

sorry increase 50% getting a bit excited here lol

Am I right in this has just doubled our production once tied in.

I can see more than that look at the production to us Vs. market cap don't think we are near the top yet by a long shot.

Nice :-)

Nope, still not selling lol

Not one for spamming a board so if not interested just ignore this message. Very similar in ways to RBD just not UK.

I trade UJO and hold long term RBD, will be interesting in two years time to see who was right, I hope it's me ;-)

https://www.investegate.co.uk/touchstone-explrtn---txp-/rns/online-interview-and-q-a-session/202006020700045987O/

We should have these at the end of the month.

Miker, I agree but I feel you forgot to add that S&S aren't in this for the wages that's for sure they would have made more staying where they were.. selfishly they would like the return on their own shares and I am more than happy to hang onto their shirt tails that's when the real money is made.

Fully loaded, post occasionally :-)