Touchstone Exploration Share Discussion Threads

[sirmark] 08/2/2024 08:39

hTtps://www.proactiveinvestors.co.uk/companies/news/1040493/touchstone-exploration-s-new-cascadura-well-marks-a-great-start-to-2024-1040493.html?viewSource=TwitterUK

[sirmark] 08/2/2024 08:36

Last few stale bulls to clear and we off again... always happens they watch the share price fall get upset and when things just turn the clear out ... seen and done it my self but the news is massive ... straight into production !!!!

[kaos3] 08/2/2024 08:31

I know the numbers. What changed - is going sure. Mentality.

They did not go full production with first 2 cas wells. Chocked. Saving wells integrity.

They stopped drilling latest well. Not being stubborn.

So in this new mood it gives me.confidence when they upgrade.the facility to 140 so son.

Also being humble and knowing well how much time txp needs in reality not in theory.

I sense some attitude change.and thatis extremely good.

I hope they employ a good hc software hocus pocus magician or enpower existing ones.

To bring reality on the table. Facti bruti. Now they can afford not to lie any more. They are getting strong

[eggchaser] 08/2/2024 08:25

Thanks all - one word...WOW!!!

[awise355] 08/2/2024 08:19

Has to be a given now

[spangle93] 08/2/2024 08:19

kaos - usually it's the well completion they mess up - remember, reactive cement?

So, plenty of opportunity to have problems yet

[lauders] 08/2/2024 08:19

Lovely news today. Now, hopefully, this can be addressed and more good news will appear as a result:

The 2024 budget contemplates increasing the Company's revolving component of its credit facility from $7 million to $20 million in the first quarter of 2024. Although we are confident of reaching agreement, currently there is no firm commitment in place between the parties.

[sirmark] 08/2/2024 08:14

Not by my pc :(Level 2 info soon

[sleveen] 08/2/2024 08:08

kaos3

Perfs Cas Deep meeting original expectations 30-40mmscf/d?

Similar figure for Cas 2?

Cas 3?

[kaos3] 08/2/2024 08:01

Why increasing capacity to 140? So soon. Bodes well.

[captainfatcat] 08/2/2024 07:57

Big sigh of relief here this morning.

That magic 1 TCF feels like it's getting closer 😁

[spangle93] 08/2/2024 07:54

Egg, try this link

[useless23] 08/2/2024 07:54

Check their website

[eggchaser] 08/2/2024 07:46

Have I missed an RNS... can't see any confirmation from the company that's been reflected in some of the posts here earlier today?

[eggchaser] 08/2/2024 07:40

So my buy back at 41p was well timed it appears and 40p did look like the floor... 75p to break through the 3year down trend... thats my short term target... could smash that depending on sentiment...Let's see....

[sirmark] 08/2/2024 07:39

Cracking newsTXP discord link for more conversation On the Discord of course ...... what are you waiting for?https://discord.gg/y4rPKsT3

[sirmark] 08/2/2024 07:39

A great day ahead

[sirmark] 08/2/2024 07:39

Cracking newsTXP discord link for more conversation On the Discord of course ...... what are you waiting for?https://discord.gg/y4rPKsT3

[arlington chetwynd talbott] 08/2/2024 07:30

And the rest.

[jungmana] 08/2/2024 07:29

And Cascadura 3 well will spud in 2 weeks time and the first of 2 wells on CD1 to spud by end of February. Good Q4 production figures reported too.Imo TXP should see 100p+ easily in 2024.

[sirmark] 08/2/2024 07:28

All eyes on TXP today :)

[sirmark] 08/2/2024 07:22

Straight into to production .... No flow testing required MASSIVE NEWS !!!!!

[jungmana] 08/2/2024 07:16

"Drilling samples and openhole wiring logs indicated over 525 feet of sands in the targeted Herrera formation with hydrocarbon shows observed in samples and at surface throughout the primary intervals. The top of the key Herrera formation was detected at a measured depth of 6,186 feet, with sand and shows observed throughout the section to the total depth of the well. Based on these encouraging results, we are currently installing casing for future production."