Touchstone Exploration Share Discussion Threads

[adon30] 08/6/2021 12:58

Shipka was yesterday and PB is today this afternoon

[homebrewruss] 08/6/2021 12:54

Don't know Bernieman but he will be talking at the TXP AGM tomorrow.

[bernieman] 08/6/2021 12:40

Does anyone know if PB is talking at the energy conference these next two days? I wonder if he will do another news interview like he did last year with CNC3 ?

[captainfatcat] 08/6/2021 09:28

Touchstone get a mention

[retsius] 08/6/2021 09:22

ffs is that blue?

[1domus] 08/6/2021 08:38

King Suarez - if you dig deep enough, it is strange what you find.
Lots of persons having pieces of the pussle like locals, forest companies, construction workers, NGC, Government etc

[1domus] 08/6/2021 08:38

King Suarez - if you dig deep enough, it is strange what you find.
Lots of persons having pieces of the pussle like locals, forest companies, construction workers etc

[thebull8] 08/6/2021 06:52

I asked PB at the last presentation about the price forecast for liquids - he said they sell them at a 25% discount to Brent and that to forecast costs you just subtract the royalties. He didn't say anything about subtracting CAPEX.This says to me whoever buys them is responsible for the transportation costs.

[pro_s2009] 08/6/2021 06:45

Thanks 1domus.

So hopefully the NGC can start laying the Cascadura pipeline in once the State of Emergency is over, hopefully in early July.

Makes it more likely see production around year end if thats the case.

I do believe in the first instance liquids from Cascadura will be trucked, with the pipeline being in place later on in 2022.

This is quicker and also more cost effective, no up front cost to TXP laying in a liquids pipeline until they are flush with cash later in 2022....better just to truck it from site to start with, yes it means less profit per barrel for the liquids but saves a massive amount of money on the liquids pipeline - which is of course TXP cost as the NGC only pays for the gas pipelines.

[sleveen] 08/6/2021 06:33

Best not to ask.

[king suarez] 08/6/2021 06:19

Thanks 1domus - how do you know/find out this info?

[1domus] 08/6/2021 05:26

To clearify -

The pipeline that is included in Txp’s EIA is the oil pipeline from Cascadura to Catshill. The NGC gas pipeline to Cascadura does not require an EIA

[pro_s2009] 08/6/2021 00:12

For clarity - Premier Miton have not sold any shares. No major shareholders have. There has been no TR-1 notifications.

Not sure why it was imagined they had ???

Any time you can check here :



Premier Miton Group PLC 16,133,863 7.7%
North Energy ASA 12,485,608 6.0%
Edale Europe Absolute Master Fund 8,489,000 4.0%

Last updated May 28, 2021

[linton78] 07/6/2021 21:14

Come on pro... hedge funds shorting again?!!! 🤣

The downward trend continues and so does your ramping BS.

You are suckering in new investors to cover your losses. Pathetic.

[highly geared] 07/6/2021 21:01

Isn’t the pipeline construction and routing etc. part of the EIA, that needs Ministerial approval before they can build anything?

[1domus] 07/6/2021 20:41

The pipeline from Cascadura will be constructed simultaneously as Txp are doing their environmental studies.

[1domus] 07/6/2021 19:39

Royston roadconstruction almost finished.

[leoneobull] 07/6/2021 18:25

Cmon Pro, get ramping!

[thebull8] 07/6/2021 17:45

No there was formation damage which impacted the testing. They will be drilling further exploration wells at Chinook

[thebull8] 07/6/2021 17:43

I've not heard anything about Milton selling either...if they had it would need to be RNS as major shareholder buying/selling

[adon30] 07/6/2021 17:37

The minister talking on gas supply
“ We therefore must seize the opportunity to bring these resources to market at the earliest opportunity as we prepare for a low carbon economy. My focus at this juncture is the engagement of the upstream companies to achieve the approval of all unsanctioned projects in the shortest possible time.”

And on future developments:
“the Ministry over the next twelve months will be embarking on a deep-water bid-round, an onshore bid-round and a shallow-water bid-round. In addition to open acreage, shallow acreage would be considered for inclusion in the bid-rounds. The bid-rounds are essential for identification and sustained replacement of replacement of oil and gas reserves.”

I wonder is Xavier Moonan has his eye on any?

[davidblack] 07/6/2021 17:15

This is currently like watching paint dry!

[retsius] 07/6/2021 17:13

'Chinook oil discovery'

??? Thought it was a duster?

[gopbg] 07/6/2021 17:06

Someone on this board said that milton no longer showed up on list of large shareholders

[adon30] 07/6/2021 16:39

T&T energy conference underway

From energy minister’s speech:
‘These initiatives are designed to maintain the momentum in oil production which has been buoyed by the Touchstone Chinook oil discovery’


hxxps://www.energy.gov.tt/wp-content/uploads/2021/06/Minister-Stuart-Young-Speech-Leading-the-Energy-Transition.pdf