Touchstone Exploration Inc T.TXP

Pipeline

[Elephants]

Any in country word on the pipeline? It seems like it is taking forever to finalise the pipeline contract and start construction on it. With gas shortages would expect this to have been fast tracked long ago.

[Margin321]

You would think.  Is is a six inch line a few km long. They should be almost done with it. It is only about 10 mmcf/day  but they may be able to double that with one development well. It is frustrating but at this point inconsequential - eventually it will be hooked up to pipe. More important is CASCADURA  - they need to accept the development plan, construct surface facilities

[Proselenes]

Coho is nothing to do with TXP.  Its all down to Shell and the NGC.  Totally out of TXP control.  Delays are all due to Shell.......... Royston will go into production in 2022, it will be quick and easy to develop as all the groundwork will have been done with Cascadura. Cascadura wells are limited by formation damage, they were still cleaning up on testing.  Its expected

[Margin321]

Good points.Royston testing will be huge. Shipka's  comments put a damper on the reaction the the discovery  press release. He had to say less porosity and fine grained sands - both to make sure they have it covered of it doesn't produce well. Wish I could ask Cam if he has any worries at all that the well might not flow well and be a commercial producer. But we are only talking&