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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
  19.50 23.21% 103.50 102.00 105.00 113.50 96.00 96.00 5,226,093 15:34:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 28.1 6.8 0.0 - 218

Touchstone Exploration Share Discussion Threads

Showing 22026 to 22047 of 23775 messages
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DateSubjectAuthorDiscuss
16/7/2021
13:25
Very happy if the Royston well targeting is being optimised based on the latest seismic. But exactly who would find that to be unexpected? It’s the point of doing seismic!
davidblack
16/7/2021
12:34
21178 - that was what I was kind of trying to say. I think my early stage pugilistic induced dementia really starting to kick in now! Best of luck all.
dunderheed
16/7/2021
12:29
11 Percent is really desperate with his short now. On the contrary to what he said about pushing back the Royston well due to the seismic survey, it shows he has very little understanding of anything technical related to drilling twinned wells. The target is already defined, and the well trajectory is already set based on the old well, so new seismic is not needed here to identify the target (like you would always have seismic first before drilling a wildcat. This seismic survey will take time to process and interpret (big 3D surveys take several months, this simple survey will take some weeks. BUT what we will get out of the seismic, and which is absolutely fantastic since we are drilling the well now is a vast amount of data to correlate the seismic inversion to make it much more accurate than if we did not have a well. The structural and stratigraphic relationships will be adjusted or maybe you understand it better if I say fine tuned to the true depths measued by the cuttings from the well. This means the seismic data is even better for follow up wells in the seismic survey area. The details are a bit complicated for tweaking inversions, so I won't bore you with that. But I have worked with Geophysics in the oil business for 25 years, and I can tell you that 11 percent should change his name to 0,11% because that's seems to be his level of comprehension about what's going on. Good luck with you shorts 0,11%, I think you're going to end up with 3rd degree burns.
junky monkey
16/7/2021
12:11
No.......the seismic has nothing to do with the well location for Royston-1. The seismic will help with ROYSTON......the whole target, in mapping its area and thickness and helping with the resource estimate if Royston-1 well strikes gas, oil, gassy oil, oily gas........... The seismic is to complement the drilling, and the seismic will not hold up Royston-1.........the seismic is for ROYSTON. Its quite simple....unless you have a short on that you need to buy below 88.3p to close it......... LOL :)
pro_s2009
16/7/2021
11:30
Or another interpretation, simply a "double check" that the survey is aligned with the well geology as a comparison?
dunderheed
16/7/2021
11:26
In a statement issued by Touchtone, its exploration manager, Xavier Moonan, said, “The Ortoire Block seismic survey is a key minimum work obligation and will be completed by July 31, 2021. This survey will tie perfectly into the drilling of Royston-1 exploration well." hTTps://newsday.co.tt/2021/07/15/young-welcomes-exploration-strides-by-touchstone/ ===== Looks like Royston spud is being pushed back into August.....seismic completes end of July and this is needed for Royston well.
11_percent
16/7/2021
08:57
Important bit as far as the future exploration. Good to see those foundations being laid as well. ——— In a statement issued by Touchtone, its exploration manager, Xavier Moonan, said, “The Ortoire Block seismic survey is a key minimum work obligation and will be completed by July 31, 2021. This survey will tie perfectly into the drilling of Royston-1 exploration well." He added, " The survey will further enhance the understanding of additional exploration prospects identified, for example, Steelhead & Kraken, and will guide these drills in the second phase of exploration on Ortoire Block.” ——- Clickable link added as per Che7win post hTTps://newsday.co.tt/2021/07/15/young-welcomes-exploration-strides-by-touchstone/
adon30
16/7/2021
08:50
httpS://newsday.co.tt/2021/07/15/young-welcomes-exploration-strides-by-touchstone/
che7win
16/7/2021
08:40
Worth rereading HTTPS://www.stabroeknews.com/2020/12/25/news/regional/trinidad/trinidads-touchstones-ortoire-block-could-have-one-trillion-cu-ft-of-gas/?utm_source=facebookbtn&utm_medium=facebook&utm_campaign=facebook_share&fbclid=IwAR1chlMFe0K5MwAVkkBR-kDWaOGe6Kl7-OKoa8xdsNIVUpdPXfT_T9AXRcg
davidblack
16/7/2021
08:35
Since last week, we now know the new big rig is on its way, we have gas flaring at Chinook, strong government support and ever closer to Royston spud and the share price is in the 80's. With all the known knowns, surely this is the best risk/reward ratio we have ever seen.
bernieman
16/7/2021
05:42
pro - very interesting article to me - thank you AI software with optic recognition - automatic the process of mapping is my first thought
kaos3
16/7/2021
00:00
TB Oh Canada!
davidblack
15/7/2021
19:32
Urggg Canadian paper hands...hope the RNS hits tomorrow with flow rates
thebull8
15/7/2021
18:51
Impressive bit if kit
captainfatcat
15/7/2021
18:29
Thats the new rig started its journey. https://twitter.com/TouchstoneExp/status/1415724104808755201
dcarn
15/7/2021
14:26
Not sure the exact timeline and volumes matters that much, what they need is a rapidly growing Cascadura producing cash which they then can rapidly deployed on new drill targets. It’s at that point the stock is £10-£15. Till then this is just starting to walk upright. Running will take a little while.
davidblack
15/7/2021
14:14
By the way, thats what I think Stuart Young means when he said in his Facebook video it "really gets flowing" in 12 to 16 months...... Thats after the infill drilling and Cascadura at full throttle of 200 mmscf/day. The 12 to 16 months is not the "commencement" date of Cascadura initial 60 mmscf/day but the final full flow....... the question remains, when is that initial 60 mmscf/day coming on line ? Which of course may be higher than 60 now......as it will be, all being well, Casca-1 plus CascaDeep-1 and now plus Chinook-1 (Cruse)
pro_s2009
15/7/2021
14:01
Another one, much the same. Really looking forward to the Cascadura development plan timeline. Paul talks below about 200 per day from Cascadura. Well yes, we know that when its "really flowing" in 12 to 16 months time, it will be at 200 per day. But when will that initial 60 per day be flowing ? Coho - September/October - 10 mmscf/day Cascadura - initial 60 mmscf/day ???????? Cascaudra 12 to 16 months - 200 mmscf/day https://newsday.co.tt/2021/07/15/young-welcomes-exploration-strides-by-touchstone/ .........Touchstone Exploration CEO Paul Baay said in the last two years the company has successfully drilled four explorations wells to the Herrera sands in the Ortoire Block, and all were deemed discoveries. “These are namely Coho-1, Cascadura- 1 ST1, Chinook-1 and Cascadura Deep-1. "Touchstone has signed a key gas sales agreement with the NGC for the purchase of all gas produced from Ortoire Block. In the coming months Touchstone will bring online our first gas discovery – Coho – at approx 10mmscf/d.” He said, “We are also working closely with stakeholders to complete the environmental impact assessment for the development of the Cascadura gas discoveries which can see a potential 200mmscf/d liquids rich gas added onto national production, and we are currently completing our testing at Chinook-1 and expect such gas production to be added via pipeline back to the Cascadura facility.”.........
pro_s2009
15/7/2021
12:31
HB yes agreed but I just mean that Cruse in itself probably was enough to cover the “Where did the gas come from if the Herrera is oil” question. I am sure it’s a lot more complex. Sadly I don’t think they will be drilling there for quite a while so no further explanations will be forthcoming. But nice to know they are not mad!
davidblack
15/7/2021
10:40
DavidBlack, couldn't it still be that there was gas lower down in the Herrera too but well issues put paid to that?
homebrewruss
15/7/2021
10:38
Now we know where the gas came from in the initial Chinook reports. Clearly Cruse is yielding serious gas especially if they plan to hook it up to the Cascadura pipeline. The Cruse traditionally is an oil zone apparently, so finding gas in the Cruse could easily be confused with what they were hoping for at Chinook further down.
davidblack
15/7/2021
10:31
Is there any danger of a Royston spud......or is it now going to August/September......or, at least the company could give us some excuse for further failed delivery.
11_percent
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