RE:RE:RE:Another good day for CarlingGringotts, ,, that should be PNE, ...Pine Cliff..... Nat Gas
As you can tell, I play in the smaller junior leagues...for the torque it will hopefully provide in the coming years of this decade.. There is another I am in down in Guyana, ...Albopetro, with a qtryly. Div... symbol ALV.. ...All the Majors are in Guyana working the lucrative fields there, and ALV, is right in there with them. ALV .v... at around $6 would be ideal, but doubtful it will return to that level. It's just That Good !
..... and if you really want to play TXP (on TSX ) drilling in Trinidad and Tobago had a great run this week after languishing these last several months....
you can check -out the commentary on Stockhouse, Telegram, and Discord TXP is also on the AIM ( London ) exchange along with I3E ( Ite .t ), and PTAL (Tal .v ) I follow all three on ADVFN London....very good commentary out of the London participants.!... a knowledgable Oil and Gas fraternity over there!
TXP ( Touchstone ) is about to start-up its Nat.Gas flow from its COHO field, while awaiting the EIA approvals on its Oil prospect in the Cascadura discovery. Paul Baay CEO heads it up based out of Calgary, while John Wright of Alvopetro ALV.v ( Guyana discovery ) heads up the Board of TXP ( Touchstone ).
PS.... that COHO Nat Gas line is now hooked into the Shell Processing Facility, so that may explain the recent 30% rise in nthe share price these last couple of weeks. Now, let's get that Environmental Permit for Cascadura ( the EIA , or Environmental Impact Assessment) ... and lets get TXP humming as it should ! ,,, a Dividend posibility, but aways down the road yet!
Trinidad, is wanting to go LNG, sell to Europe as well as satisfy their own needs after a 20 year drought of no new discoveries. Shell and Others have been working Trinidad for the last 100 years ....Who Knew??? Initially I thought Trinidad was all about rum, and sugar cane, but turns out they are on the same Oil / Gas zone as the lucrative fields we know are in Venezuela....separated by ocean waters by only some 20 km.
The great thing about Trinidad, Guyana, and Others is they are Oil and Gas supportive...their People and Gov'ts want to prosper and exploit their Resources...very different from up here in the Northern Hemisphere.
Ok, things to do on a Saturday... Happy Sleuthing!
Ron
LOts of material for your sleuthing this weekend