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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Touchstone Exploration Inc

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Comment by Mastermind_9999on Apr 20, 2007 4:02pm

238 Views

Post# 12648962

RE: Petrobank arranges $250-million (U.S.) debt

Brutal hey? MM's...although long term, at least we have some $$$$ to work on our projects (the most important factor)...and a lot of $ at that. Nothing boosts the ego like seeing paper losses of over 5k in one week after being at all time highs(and I'm sure most investors have more shares than me/greater paper losses) oh well, hopefully the drop is from the MM, and we see the SP back up to where it should be. Missed out on buying in the 22's today, not sure if there will be another opp at this level.

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