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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Energy Oil & Gas E&P
Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. 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. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Touchstone Exploration Inc
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Post by jamesiebabieon Jun 20, 2014 4:48pm
179 Views
Post# 22681228

TXP has 2,000bopd prod'n, c.US$73M/yr income, C$88M mrkt cap

TXP has 2,000bopd prod'n, c.US$73M/yr income, C$88M mrkt capLOL

TXP is likely to have an exit rate close to 3,000bopd ofr US$110M income, with a furhter 30 well drill campaign in 2015.

Who has got it wrong?
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities