TXP

Touchstone Exploration Inc
61.50
0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Touchstone Exploration Inc LSE:TXP London Ordinary Share CA89156L1085 COM SHS NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 61.50 60.00 63.00 61.50 61.50 61.50 7,710 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 11.9 8.5 1.8 34.4 131

Touchstone Exploration Share Discussion Threads

Showing 35501 to 35523 of 36150 messages
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DateSubjectAuthorDiscuss
13/1/2023
21:07
Looks like it finished over 9% up at 79p equivalent. On good volume as well.
johnoxxx
13/1/2023
20:04
By March it will be hot round here. Although I still think first gas May for Cas.
stockport loser
13/1/2023
19:47
C7 it sure is. Up 7.6% = 77.5p a nice start to the year plus lots of headroom.
holdbucket
13/1/2023
17:22
Canada frisky again
che7win
13/1/2023
17:18
I'm actually rather excited that we're going to be drilling again shortly!

The company has convinced me that the acreage is a chocolate box of goodies. We need to open some new chocs and take a nibble on others, like Royston, to find out if they're any good inside!

hiddendepths
13/1/2023
17:12
They also later go on to say this about the intermediate test:

"The interval was subsequently flowed up 3.5-inch tubing on a variety of choke sizes between 16/64 inches and 40/64 inches at rates up to 550 bbls/d. The recovered oil was light, sweet crude with an average 33-degree API (corrected to 60-degree Fahrenheit) with sampling throughout flow testing indicating an average 94% oil cut with some solution gas present but not measured."

And:

While we worked to suspend the initial production test to move uphole for the second test, the well continued to flow significant volumes of crude oil at high pressure from the intermediate sheet, and heavy weight mud was required to control the well before proceeding."

Whether that increase from 360 bbls/d to 550 bbls/d came whilst trying to shut the well in is unclear - perhaps open to interpretation?

king suarez
13/1/2023
17:02
Chrysalis, the sidetrack is all about the Intermediate and possibly a peek at the subthrust.
Re the intermediate:
'The first and deepest Royston-1 completion and exploration test was designed to evaluate an interval at the bottom of the well in the intermediate sheet of the Herrera Formation. The completion spanned a 92-foot gross interval (30 feet of net pay) below 10,434 feet that was identified on wireline logs as being hydrocarbon bearing. Following completion and a brief clean-up period to recover load fluid, the well was shut in and built to a pressure of 3,150 psi at surface (estimated 7,100 psi reservoir pressure). The interval was then flowed up 3.5-inch tubing on a variety of choke sizes between 16/64 inches and 40/64 inches at rates up to 360 bbls/d of 34.5-degree API crude oil before being shut-in'

homebrewruss
13/1/2023
15:54
Am I right in recalling that the Royston well produced c675 bopd excluding the subthrust? Presumably TXP know very little about the potential results for subthrust once at this stage.
chrysalis99
13/1/2023
13:40
ashkc

Have you missed the prox xxctive video 12/01/23, it's in the header.

sleveen
13/1/2023
13:24
My thoughts exactly
sirmark
13/1/2023
11:42
Down to 52p post a dilutive placing when we were promised no more dilution and up 42% in a week on no news.... unbelievable!!!

Drop seems engineered to pick-up cheap shares in equity raise :(

ashkv
13/1/2023
08:26
Buffy, that was well observed but perhaps he presents himself more like Frank Bough did with all the expenditiure below the desk so to speak!!!
Nice jump this morning to catch Canada.

holdbucket
13/1/2023
08:17
"sleveen12 Jan '23 - 08:11 - 34200 of 34228

Profit taking by those who bought below 60p.

That might continue today , but soon an operational RNS will be issued which should move the share price toward 90p IMHO"


Turns out it was the prox xctive video, not an RNS.

sleveen
13/1/2023
08:15
Chart resistance at 85p in my amateur view, we break that we break the long term downtrend.
che7win
13/1/2023
08:05
Going back to £1+
sirmark
13/1/2023
00:53
Canada up well.... Should see well over 70p in London today.


Canada mid price at close was 1.2 CAD = 73p

pro_s2009
12/1/2023
21:42
Bear market rally in this POS.

You will all end up poor like Pro . Lol

specialistwasagypsey
12/1/2023
21:00
Yep 73p equivalent there
jungmana
12/1/2023
20:58
Check Canada out
che7win
12/1/2023
20:30
A proper LOL there Buffy. Thanks!
joey1998
12/1/2023
19:38
Since he’s from Cowboy Country (I’m fighting the urge to use an obvious one liner) I’ll tie a Windsor knot for him and he can lasso it over his head.


At the price of specs over there he can just put extra pairs on rather than get new lenses as his visual acuity weakens. Given his comments over the last few years he’s certainly got the nose to accommodate them.

Buffy

buffythebuffoon
12/1/2023
17:55
Hey DB - cut the unnecessary spending! You could have bought 48 shares in Copper Lake instead!
hiddendepths
12/1/2023
17:35
Buffy PB is from cowboy country not Mayfair. No one has ever heard of Nivea in the province and what’s wrong with Dollarama for their 90c glasses after you have lost your proper pair for the third time?

I kid you not 90c plus taxes, less than 60p. I bought 6 pairs!

davidblack
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