Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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.

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Touchstone Exploration Inc > Why is the head honcho only talking about 5-600 billioncf's

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Comment by Proseleneson Jan 03, 2021 1:44am

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Post# 32210850

RE:RE:RE:Why is the head honcho only talking about 5-600 billioncf's

They can only quote what they are drilling. Currently they are only drilling into Royston and so the total of Coho/Casca/Chinook/Rosyton is 1 TCF.

They are not drilling any other wells (in current plans) and so in current plans the potential is limited to 1 TCF.

Thats the way Paul works...........once he announces a new drilling programe then he will raise that 1 TCF to a higher figure, and so on and so forther.

Big things, keep getting bigger......................thats the way you want it.

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