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Msg  13852 of 13987  at  10/22/2021 11:40:13 AM  by

rckillco


 In response to msg 13850 by  dutchfella
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Re: TXP trapdoor

Agree the move to defeat the gov't was a contributing spark on a down day that started some panic selling. Still too early for Royston results, PB did say first results from Royston testing due end of October early November, star valley rig is still on WD4 should be done next week, according to posters on London boards Coho delays are now more weather related i guess shell and the NGC have resolved whatever issue existed, new bidding round till end of first week of November wonder if TXP is looking to spread out a bit more? .
 
FWIW next 6-9 months...Royston results, 4 legacy wells with new rig and then a 5th testing the deeper zones in Coora , likely first gas from Coho in December/Jan. First gas from Cascadura May/June. . Development drilling- 1H22 Coho for 1 well and likely 2 Cascadura wells from new pad.... exploration funded from cash will start only after Casca flows, sold 1/3 of overweight position during last run up and will adjust according to Royston testing.


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