Touchstone Exploration Share Discussion Threads

[pro_s2009] 07/7/2021 02:17

Reddit TXP thread now up and running.



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[sos100] 06/7/2021 15:38

ott - spawny might be worth you looking at the cpr from TransAtlantic..

[swanvesta] 06/7/2021 11:05

"CoS is calculated at 95% and production estimated to be around 40kbopd (20k to advance energy) "

95% GCOS. CCOS 85%. Brownfield, so hopefully more reliable than PRD's 90% GCOS!

[herschel k] 06/7/2021 11:01

and mine, so i sold out of PRD this morning

[spawny100] 06/7/2021 09:48

Yep that's my take too.

[thebull8] 06/7/2021 09:45

Yes I think less than 2% methane from a quick read this morning. So worthless

[spawny100] 06/7/2021 09:40

Not a good result at PRD yet some people weirdly seem to think it's not a duster. Bizarre. Much like people were pumping the BPC result as a success too.

[stockport loser] 06/7/2021 09:35

Yep PRD getting hammered this morning.Trying to remember who sold Txp and put it in PRD at 18p,,?ROFL.....

[thebull8] 06/7/2021 09:12

I didn't make up the numbers - the competent person from RISC did. The CoS is high because they are drilling a previously decommissioned oil field. If you're not interested fine. But don't knock it until you've actually research it yourself.

[11_percent] 06/7/2021 08:59

maxxy1......I have seen it many times....SXX, CHL, Streling Energy, etc, etc, its a full time job for these guys.

[maxxy1] 06/7/2021 08:57

COS is 95%. Lol, only you can make such numbers. I've never seen ramping like this lol

[11_percent] 06/7/2021 08:53

Its all about the Cruse test now.....for the SHORT term direction.

Then ......we resume the plunge....

[pro_s2009] 06/7/2021 08:53

DB.....small time shorters closing thats all.

Scared of good Cruse news coming at any time now, although it might be a bit delayed thanks to that recent storm.

[thebull8] 06/7/2021 08:51

If anybody looking for a quick and easy trade worth looking at Advance Energy. They are drilling shallow water oil well later this year. CoS is calculated at 95% and production estimated to be around 40kbopd (20k to advance energy) Given its relatively small MC of £27m it should bag just on ramp. All paid for with last placing few weeks back and looks to have churned through

[thebull8] 06/7/2021 08:47

Predator oil proving gas isn't as easy to find as TXP make it seem. Glad we have 400+ BCF in the bank already

[davidblack] 06/7/2021 08:40

Trade volume is exceptionally low at 1% of yesterday’s Aim trades.

[che7win] 06/7/2021 07:51

The four wells on mature western fields alongside workovers should get us back to 2000+ bopd on their own.That side of business should not be neglected by investors, at current market prices and 2000bopd should be throwing off over $30 million on its own next year at current market prices.Makes current market price a giveaway:Our suite of mature crude oil assets continues to provide consistent and predictable base petroleum revenue as we expand our operations in Trinidad on the Ortoire exploration property. With the recovery of world oil prices, we are focusing on optimizing these mature assets through well recompletion and workover operations.

[lauders] 06/7/2021 07:32

Two filtered (shorters no doubt) straight off the bat it appears. Perhaps some concern is starting to creep in with the shorting fraternity now ;-) Let's hope for another positive day here. GLA (except the shorters of course).

[pro_s2009] 06/7/2021 07:30

Indeed. CA are doing a right old ramp at the moment.

Just hope it does not all end in tears (again).

[leoneobull] 06/7/2021 07:27

Pro. HUR over 4p and HUR BOD and bondholders told to go find the highway. Worthy of a movie this criminal endeavour....Sorry others for the OT

[ballymoss18] 06/7/2021 07:20

Nothing confirmed lol, you haven't done your homework, you deserve to loose money enjoy your short.

[maxxy1] 06/7/2021 06:57

Nothing is confirmed here. Only thing that's been constant are delays. Let's see how things progress here, good short opportunity atm imo

[thebull8] 05/7/2021 18:17

Good because it didn't happen...they cancelled the meeting (was probably the intention anyway)

[spawny100] 05/7/2021 18:17

OPEC meeting postponed indefinitely hence oil up che7win.