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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 jamesiebabieon Jul 16, 2014 9:59am
130 Views
Post# 22750281

RE:RE:TXP....great update today!

RE:RE:TXP....great update today!Agreed, with no long term debt and increasing revenue from both T&T and Canada, this is now starting to look beter than ever and many more wells to drill this year.

It will be interesting to see how Rex get on with the Cory well which is under going tests.

Plenty more newsflow due over the coming weeks and months as drilling continues.

GLTA
Bullboard Posts