26-26.5p
1 v 2 currently |
jungmana don't be too positive ... people round here don't like that lol |
Will be over 30p soon.Oil price rising nicely |
3v4 now ticked up again
Pushing on to 30p |
3v1 now :) another tick up coming |
Rampety ramp - what are you like? |
To late that's gone now 26p :) |
Now 1 v1 so tick up coming on the next buy :) |
No, you didn’t, which is why I asked che7win for the percentage now and the percentage in six months (and got neither). It is only retrospective to 1st January once it actually closes, which is some months off yet. |
looks like john henry has 5 disciples.
The naive leading the weak in the head?
red |
did I miss something - they are still waiting for the bank money in order to buy the access - or is it done already?
in my head it is all as it used to be with txp nlg sales. nothig has changed? |
Not an answer - where are the percentages? Yes, I know all about Central Block, which is why I asked you for percentages. I guess you realised that they would just prove my point (that TXP is mostly thirled to local pricing for the foreseeable future). Wishful thinking about Cascadura pricing is just not going to cut it.It's like the gold at the end of the rainbow with you - you keep pointing but it never gets any closer. And yes, how dare you mention TXP in the same breath as PTAL? |
assuming they are all variable?
=============
Indeed, ok. |
Well they do get the prices in line with the CB transaction, assuming funding okay, that is brought on board with that as well, 11% and assuming they are all variable? |
Ok.....what are we saying here.
Coho...we used to sell the gas to NGC......who sold it to shell....who sold to anyone they liked.
Now....as of 1st January.
We (TXP) sell the Coho gas to NGC......who sell to back to us.....and TXP sell into the various markets.
Is this right??? |
Chiggers 39030, isn't the $10mm funding that TXP is seeking, tied into Casca wells?
I assume you are expecting this to he extended to CB as well?
Also I'm still awaiting your clarification that my "de-ramping" posts are the reason the share price is so low, or was that an overly "personal emotion" over-reaction and just plain wrong?! |
I give you a way out there, but next time, if you wade into TXP discussion, please be better informed.O/T for background knowledge, ACT doesn't like that I conveyed bullishness for the oil and gas sector and included TXP as an undervalued example in that sector on the PTAL board (I had made an initial purchase of PTAL at 31.5p this month).To answer your question ACT (please do your homework in future), TXP have immediate access to LNG prices via Central Block and new routes to market. That has indirect influence even on Cascadura which is fixed price, as TXP will likely drill on Central Block as opposed to Cascadura if given a choice.So Cascadura medium term will require a price renegotiation, sooner even as we cosy up to Heritage on Central block who are eager to get drilling.Drill baby drill! |
Red agree, the financial oil market far larger than the physical.
Plus sometimes there are fixed price, foreign exchange restrictions on all sorts of physical agreements as well. |
Dunders
Thanks, maybe hat will permeate the little grey cells.
red |
More comedy gold. Take the time to read my posts before you react to them. What percentage of TXP gas production currently accesses global prices? What percentage of TXP gas production will access global prices in six months’ time? Have a word with yourself. |
Chiggers, nearly as incredible as saying my posts have allowed you and others to take advantage of such low great value prices for TXP, we all say stupid things we regret occasionally eh mate?! |
ACT,
Are you saying that all gas prices in Trinidad, including LNG are derived locally with no global influence? Incredible if you are.
LNG news in past month or so will highly influence TXP in the future, have you missed this news? |
JH eh 39022, you dont think a lot of companies hedge production, lol? |
Oil prices have a significant global aspect (though Heritage are infamously greedy) but gas prices tend to be much more local. It is important to make that distinction here. |
redartmud pretty dense comment.
The prices they receive will increase by the same percentage.
Therefore increased revenue. |
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