Dino's Bar & Grill Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Goose94 who wrote (95926)	10/15/2020 7:33:38 AM
From: Goose94	Read Replies (1) of 202085

Touchstone Exploration (TXP-T) Mackie Research Spec Buy Target $2.50 Three For Three At Ortoire Yesterday, TXP announced that the Chinook-1 exploration well, located on the Ortoire Block (80% W.I.), encountered a total of ~589 net feet of natural gas pay. Testing of the well is expected to commence in Q1/21. Chinook-1 is the third successful exploration well that TXP has drilled on the Ortoire Block. The first well (Coho-1) added 2P reserves of 3.3 million boe, and Cascadura-1ST1 added 2P reserves of 45 million boe. Based upon the initial results, we expect the Chinook-1 discovery could add additional substantial reserves. We maintain our SPECULATIVE BUY recommendation and we have increased our target price to $2.50/sh.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next