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I did like the Q&A.

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pro_s2009   Friday, 05/07/21 12:05:48 AM
Re: pro_s2009 post# 53
Post # of 81 
I did like the Q&A.

The road ahead is why I have TXP as one of my big picks.

TXP is fully funded.
TXP has ongoing oil production (making good profits at over 50$ oil price).
TXP has gas production coming on stream 2021.
TXP will have a "wall of cash" coming in in 2022, culminating in a dividend payment commencing all being well.
TXP has 21 prospects to drill on the Ortoire license, all offering good upside on success.
TXP has the Royston prospect to spud in the next 4 weeks or so, which in the success case would be bigger than everything they have so far. 1TCF recoverable ? 2 TCF recoverable ? who knows......
TXP has over 200 drilling locations in the West, to increase oil production there.
TXP has a one "once in a lifetime' drill prospect in Kraken, due to be drilled Q4 2022.

Basically, I have been and I continue to buy for the Kraken drill in Q4 2022. Yes its 16 months away, but in 16 months time it will likely be one of the biggest drills worldwide - and if they have a Liza sized Guyana discovery onshore Trinidad....imagine that.

And you can buy now, safe in the knowledge the company is fully funded, is generating cash, will commence a dividend next year all being well and has proven verified reserves worth in excess of the current share price with a long term fixed price deal for gas prices. Its pretty much "risk free" lottery tickets that offer a chance of the dream prize in 16 months time, but if not, you still might get your 10 pound consolation prize for 3 numbers for a 1 pound ticket.

I like it and if thats ramping, its a pretty darn good ramp backed up with hard facts.


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