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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

Comment by Davidblackgreenon Oct 10, 2020 7:45am
142 Views
Post# 31700485

RE:RE:RE:txp vs Recon

RE:RE:RE:txp vs Recon

Feels like comparing a minivan with a F150? 

Not really the same beasts and both are great at what they do but rubbish at the others virtues.

TXP for all the excitement are really continuing their fundamental strategy of drilling near existing wells. Maybe post Royston it will get more exotic but I hope not.

PB is here to make money not become a "TSX Rock Star" and that means if you stay you and I might be banking a $10 check for each share.

The African adventure will probably provide more volatility and bar stories! But I have enough of those already.

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