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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 learningstillon Nov 23, 2007 8:02pm
375 Views
Post# 13860677

RE: News - PBG buys Peerless

RE: News - PBG buys PeerlessPBG seems to have been working with newer frac technology in the Bakken. I heard an internet streaming audio once by a third party ceo who credited Petrobank to be the first to use US sourced/purchased frac techniques there early in 2007. The liner gives control that need not be the same for each section of the horizontal. I was able to google this link that has some general PBG comments https://www.petrobank.com/webdocs/news_2007/Petrobank-2007-04-09.pdf Following your prompt, I read Peerless's presentation. They seem to have been trying multiple techniques but not quite gotten up to full financial statement results with them yet. Interesting, that Crescent Point also states it has been enjoying improved results recently on its land using better horizontal techniques.
Bullboard Posts