Touchstone Exploration Inc T.TXP

truth eventually comes out. The resevior isn't acting as

[drunk@noon]

expected. Know they're saying they might have to frac these wells. Doens't get much worse. And, oh, yeah, the misleading S-head doesn't have quarterly confernce calls any more. Be very scared.
I am long not short, mindless cheerleaders. Although my position is a lot smaller than it use to be. Thank god.

[matt2018]

So production went from 8504 boe/d in Q4 to 7015 boe/d in Q1 to 5940 boe/d for month of April but still expected to hit guidance of 9100 to 9700 boe/d avg for full year 2024? Is this perhaps including the Trinity assets? Dont know what to believe here anymore.

[EquityHawk]

It can't include the TRIN assets until the deal is complete.  I think they're counting on those two new wells on C to have very good initial flow rates.

[matt2018]

Of course the guidance given in December does not include the TRIN assets. Just trying to make a point, its currently going in the opposite direction. They are making the statement in the report..... "we currently forecast to maintain our preliminary 2024 guidance announced on December 19, 2023". Production growth - our 2024 mid-point annual average production guidance of 9,400

[EquityHawk]

Right, I'm saying they can't use the trin assets in their current affirmation of the december forcast either.  So, they must plan on those 2 (at least) new production wells coming online in the third quarter and performing well through the fourth quarter.