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Bullboard - Stock Discussion Forum
Touchstone Exploration Inc
T.TXP
Alternate Symbol(s):
PBEGF
Energy
Oil & Gas E&P
Touchstone Exploration Inc. is a Canada-based company engaged in the business of acquiring interests in petroleum and natural gas rights and the exploration, development, production and sale of petroleum and natural gas. The Company is active in onshore properties located in the Republic of Trinidad and Tobago. It operates Trinidad-based upstream petroleum and natural gas activities under state...
exploration and production licenses with the Trinidad and Tobago Ministry of Energy and Energy Industries (MEEI), Lease Operatorship Agreements (LOAs) with Heritage Petroleum Company Limited and private subsurface and surface leases with individual landowners. Its main exploration focus is the Ortoire exploration block. The Ortoire exploration block covers about 44,731 gross acres on the east side of Trinidad. Its other exploration prospects include Royston, Coho, Cascadura, and Chinook. The Royston location is targeting a deep gas prospect with an estimated target depth of about 11,500 feet.
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Bullboard (TSX:TXP)
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(110)
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Proselenes
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Post by
Proselenes
on Oct 04, 2023 9:43pm
Shallow offshore......
Will be interesting to see if TXP bid for any. Paul did recently say they might be interested in shallow offshore IF they can drill it drom onshore with their big rig. So....lets see in a few
...more
(5)
•••
Dow20000
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Post by
Dow20000
on Oct 04, 2023 5:42pm
Update
I don't know why Management couldn't give us an update.Paul has been talking on Podcasts for a long time now that it will be 2024/25 before we see anything meaningful to hang your hat on
...more
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Currently, the Company is exploring the use of Bucillamine as a potential treatment for long COVID. The Company is advancing the clinical development of Bucillamine by leveraging the published research and data from its previous Phase 3 clinical trial (the “Study”) and is finalizing the regulatory and clinical package that includes a proposed clinical study for long COVID to present to the FDA ...read more
(3)
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Willy99wm
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Post by
Willy99wm
on Oct 04, 2023 8:06am
From UK comments (Pro)
Cascadura Year end 2022 2P reserves were 75.1 MMboe and an NPV10 of U$993.7m pretax or U$450.6m post tax. It’s our understanding about 70% of that was attributable to Cascadura (52.1 MMboe) based on
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(110)
•••
Proselenes
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Post by
Proselenes
on Oct 04, 2023 7:47am
Cavendish update on TXP
Updated Cavendish note on TXP :
(110)
•••
Proselenes
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Post by
Proselenes
on Oct 03, 2023 8:05pm
AE update on TXP
ActiveEurope New: Yesterday, 5:05 AM Analyst Cascadura Year end 2022 2P reserves were 75.1 MMboe and an NPV10 of U$993.7m pretax or U$450.6m post tax. It’s our understanding about 70% of that was
...more
(31)
•••
politicat
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Comment by
politicat
on Oct 03, 2023 9:28am
RE:trouble is D bag management has change the story.
I think his handling of Royston hurts even more. He talked up that well as already being 500 b/d and added on the other payzones as a gamechanger and then all zones come up non-commercial.
...more
(164)
•••
drunk@noon
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Post by
drunk@noon
on Oct 03, 2023 8:30am
trouble is D bag management has change the story.
For years they talked about punching 4-5 wells into casc and producing 200mcf. That's of course 33,000 boepd using the 6 to 1 gas to oil ratio. Now they are talking about a long term 5 year goal
...more
(110)
•••
Proselenes
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Post by
Proselenes
on Sep 29, 2023 10:49am
Latest Shore Cap note on TXP
(535)
•••
matt2018
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Comment by
matt2018
on Sep 28, 2023 11:32am
RE:Malcy takeaway points..
politicat..... what you are suggesting makes some sense about PB leverage but at the same time T&T desperately need the gas. As TXP start to become an even "larger fish", demand more tax
...more
(31)
•••
politicat
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Post by
politicat
on Sep 28, 2023 9:34am
Malcy takeaway points..
Cascadura expansion -- 3 wells from 1 pad must be drillled / tested and brought to production together and this will be 2nd half 2024. 60 mmcf/d expected total so another $50M fcf end 2024
...more
(110)
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filefish
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Comment by
filefish
on Sep 28, 2023 8:47am
RE:Malcy video interview.....
Paul seemed a bit bored listening to Malcom mumble thru his questions, but I guess he will take the TXP publicity from wherever he can get it.
(110)
•••
Proselenes
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Post by
Proselenes
on Sep 27, 2023 9:42pm
Malcy video interview.....
After being hounded and bashed and told repeatedly to under promise and over deliver.....the TXP team are being very conservative - and now they are being berated for "why are you not doing this
...more
(18)
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smxmcx2
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Comment by
smxmcx2
on Sep 27, 2023 3:39pm
RE:RE:RE:RE:Malcy Blog in Text Format
How long have you been invested here? I am tired of waiting for shi1 to happen. Hopefully, this is the bottom.
(110)
•••
filefish
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Comment by
filefish
on Sep 27, 2023 1:07pm
RE:RE:RE:RE:Malcy Blog in Text Format
Been following the story here for a while and have been waiting for a good entry point. Started a position at .75 us$ I believe that TXP is investible now that they have cash flow from Cascadura, but
...more
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