Touchstone Exploration Share Discussion Threads

[sleveen] 06/6/2018 16:27

presentation on 19th of June, so should be an operational update by then, which may throw you a life line.

[basem1] 06/6/2018 10:10

Good to see, I'm underwater here. Nice fundamentals here with supporting chart action.

[sleveen] 06/6/2018 09:47

I tried a fill or kill @14p about 5mins ago which failed. The MM moved the offer up to 14.5pabout 2 mins later.

[awise355] 05/6/2018 09:29

Marking down on low volume

[crooky1967] 04/6/2018 16:11

Mid June probably, need to issue one with an update before the investor presentations 19th/20th June in London.

[rafieh] 04/6/2018 14:05

When are we expecting an RNS?

[mr. t] 01/6/2018 02:56

Bloomberg has a good read on reasons for the divergence of Brent, WTI, and other benchmarks.hTTps://www.bloomberg.com/news/articles/2018-05-31/global-oil-benchmarks-pulled-apart-in-sign-of-market-discordance

[che7win] 31/5/2018 18:12

Thanks Sleveen/MT, That's the answer I was hoping for.

[mount teide] 31/5/2018 18:06

'Over the past three years, the Company’s realized US$ Trinidad crude oil prices averaged an 11% discount to Brent reference pricing.'

Which today means they would get circa $71 after discount against the current WTI price of circa $67

[sleveen] 31/5/2018 17:58

Brent benchmark price is quoted in the Q1 financials.

[che7win] 31/5/2018 17:49

Which price matters to us?

[sleveen] 31/5/2018 17:38

Transport pipes full to capacity.

More pipelines needed in Texas to transport the oil from the Permian basin.

[che7win] 31/5/2018 16:04

Just to clarify, Brent up 100p, but WTI down 46, wonder why, that must be the biggest spread in years.

[che7win] 31/5/2018 15:58

Oil rising strongly today again.

[fardels bear] 31/5/2018 12:11

Yes, but the whole world knows that. So, who is going to be fooled?

[mount teide] 30/5/2018 17:55

che7 - thanks - missed that.

Like crooky i think any opec production 'cuts' would be in name only - the Saudis's have got a huge IPO to bring to market and will want a consistent period of high pricing in the run up.

[crooky1967] 30/5/2018 17:18

I can't see them make any cuts soon, they are more than happy with oil prices being where they are.

[che7win] 30/5/2018 16:51

MT,
Report that OPEC not making any cuts

[mount teide] 30/5/2018 16:42

Brent surging back up 2.35% today to $77.25

[brasso3] 30/5/2018 07:51

I will try and get along to the Proactive event.

[grannyboy] 30/5/2018 07:45

My thinking too..could be the drilling is progressing faster then anticipated?!!!.