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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 14, 2020 12:58pm
123 Views
Post# 31714489

RE:RE:RE:Richard Sneller

RE:RE:RE:Richard Sneller

No conflict as he retired last year as a fund manager. 

He is investing with his own money so it's far more important to him you would expect.

But his investment here is likely to get a lot of "Money People" in the City of London to follow with their money as TXP is unlikely to appeal to many of the actual funds those avoiding any conflicts of interest.


But those managers are well paid and have families too.

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