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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

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.


TSX:TXP - Post by User

Bullboard Posts
Comment by droid8805on Jul 18, 2007 11:22pm
335 Views
Post# 13113528

31degree medium

31degree mediumDoes anyone know if it is sour or sweet? Nice to see good quality oil with no water. It is virtually light oil.. right at the cutoff. Should bode well for netbacks if it is sweet and light especially in the shallower formations. Can't wait for the flow results on the next 100 feet of pay. We should see a nice pop tomorrow morning. Connacher must be kicking themselves for diluting themselves to a minority position in Petrolifera. Nice to see our management has more vision. Freedom41baby.
Bullboard Posts