Touchstone Exploration Inc (PBEGF)

[pro_s2009]

After being hounded and bashed and told repeatedly to under promise and over deliver.....the TXP team are being very conservative - and now they are being berated for "why are you not doing this and that"....why is it only this much going forward.........how come next Casca wells are only 20 each.....why why why....

Cant win can they.......but be assured, they are now being super conservative and understating the potential flows and rates and forecasts.

TXP and Heritage are trying to increase the price currently, they want around 3$ instead of the current 2.5$. This is most likely why they are not forecasting until mid December as they want to know IF they can assume 3$ in 2024 or stick with the 2.5$

As TXP goes forward you can now expect lots of conservative under promise flow targets and then all being well lots of over delivery.

Thats the new normal now, people wanted it, screamed for it and now your getting it.


This is the PB interview with Malcy, link below :

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