Touchstone Exploration Share Discussion Threads

[sirmark] 25/11/2024 13:17

Yep ticked up and also bidding 30.80 so currently 5 v 2 but expect a few to at least move to the 30.5 shortly.

[11_percent] 25/11/2024 12:26

Paying full ask to get them.

[sirmark] 25/11/2024 12:10

Level 2 picking up now 4 v 2

[sirmark] 25/11/2024 10:41

Level 2 was 3v4 now reversed to 3v4 so now looking more bullish and just 3 mms left on the 31p with just 27,000 shares on offer between them all .....



Bridge nearly finished... everything is getting set up ... and drilling more wells from next week as well... so much good news to come !!

[sirmark] 25/11/2024 10:36

Should be a good week, as we see the images of the bridge showing good progress and now just a few weeks till completion.

All the ducks now lined up al-but ready to go !!

Should be an amazing 2025, will be up there for Aim Stock of the year IMO

[11_percent] 24/11/2024 09:47

Easy trade.......that GAP is going to close.

Does not even need to make a breakout form the RANGE...just needs to go the top of it.

Carpe diem.

Just need PB to shut up and say nothing.

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free stock charts from uk.advfn.com

[sirmark] 23/11/2024 22:17

Discord pics showing the bridge main piece now in place

[sirmark] 20/11/2024 14:14

30.40 to sell 30.60 to buy represents a great buying oppertunity IMO

[sirmark] 20/11/2024 13:00

Level 2 now 5 v 3 so a tick up coming... let's be fair getting these at 31p is literally INSANE price... how many people are going to look back at this moment and say why the hell wasn't I buying more !!

[zho] 19/11/2024 18:06

KNLBCD had a chat with management yesterday and posted his notes just after midnight on the 'Management Answers' section of Discord. Worth a look I think.

[dunderheed] 19/11/2024 11:35

Under?!
Your chartist views (auto corrected to guess!!) please?

[sleveen] 16/11/2024 08:33

che7win


Don't forget that using boe/d flattens the curves vs MM/d.

Similar to charts using logarithmic scale vs linear scales.

[sandcrab2] 15/11/2024 21:12

Wasn’t this one of PRO’s bankers?

Where is PRO btw?

[che7win] 14/11/2024 17:27

So, we have an updated presentation today.And.....we have a new graph on slide 15 which shows that Cascadura production has, Mmm, how do I say this...RISENBefore we get carried away, I am thinking that the wells re-pressurise when brought offline, so I conclude that production from first two wells has more or less flattened after a year. htTps://www.touchstoneexploration.com/content/uploads/2024/11/Corporate-Presentation-November-13-Update.pdf

[flyinghorse1] 14/11/2024 09:37

To efficiently extract the NGL your plant needs to flash the gas to close to atmospheric and then re compress to export pressure.
They have revealed very little in way of plant schematics, compressor sizing etc.
Compressors don’t like wet gas so it’s also dried and the plant will be getting optimised , though they don’t mention rewheeling or the like ( compressor changes to suit conditions). It will all be designed around an expected range of gas rate and WGR/NGL ratios which in reality of production may change with rate and time.
I’m not a facilities engineer btw. Someone more knowledgeable may know more but provided info scant.
Compression in my opinion good as it will also allow the wells to get maximum reservoir recovery as long as liquid loading is not an issue ( tubing size vs liquid fall back into well vs being brought to surface as the whole production process is a flash process from reservoir sandface to well head ie a pressure drop exercise).

[flyinghorse1] 14/11/2024 09:28

The 4 day tie in shut down is likely due ( as someone said) to simultaneous operations and hot works ( weld etc) risk assessment. This will require staged shutdown, possible nitrogen blanketing ,do the work safely , then controlled restart.
It’s pretty normal stuff.
They will also have got useful pressure build up data as part of that , and likely flushed production on restart to part compensate for the shutdown.

[kaos3] 14/11/2024 07:21

HPotter - very insighttfull - so it is not mechanical but the design ... wow

[hpotter] 14/11/2024 05:35

From memory, the problem compressors are to recompress gas that is flashed off from from the oil. As there is much less oil than originally thought(lower gas production and matrix gas composition) the compressors were probably considerably oversized for the first wells.

[dunderheed] 13/11/2024 14:36

That was me actually.
"Total" meeting from memory?

[11_percent] 13/11/2024 14:25

Dinner, Bed and Breakfast....I remember a guy saying that in a meeting.....he did not last long.

[dunderheed] 13/11/2024 14:08

Actually it's Dinner, Bed and Breakfast I think?

[11_percent] 13/11/2024 14:01

11_percent. DBB = Double bleed and block?
Ref Discord - is that theory about the compressors based on any reality, or it is speculation passing as fact?

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DBB = Double Bed & Breakfast......lol.

Yes....Double block and bleed.

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Compressors.......it was pure speculation on my part.....based on pure speculation their part, I think.
I don't have time to think about every post on the Discord.

However....the [lant seems to operating ok......but we dont know if the second hand compressors were ever fixed......or what the real story was/is. They might still be non operational and they tried to fix or relace them.....dont know.

Or they may have done something else that took 4 days.

[11_percent] 13/11/2024 14:01

11_percent. DBB = Double bleed and block?
Ref Discord - is that theory about the compressors based on any reality, or it is speculation passing as fact?

========================

DBB = Double Bed & Breakfast......lol.

Yes....Double block and bleed.

===

Compressors.......it was pure speculation on my part.....based on pure speculation their part, I think.
I don't have time to think about every post on the Discord.

However....the [lant seems to operating ok......but we dont know if the second hand compressors were ever fixed......or what the real story was/is. They might still be non operational and they tried to fix or relace them.....dont know.