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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 Mar 12, 2021 5:21pm
167 Views
Post# 32789967

RE:RE:right goaweight

RE:RE:right goaweight

This is a non story and the only reason it came up is someone asked a question as to whether TXP might use the same approach.

They probably will in 30 years time at the end of well life's and not before.

Anyway the reason ithe question was asked is "A Scallywag" did so because he was trying to encourage the hundreds of U.K. TXP holders to take a look at Predator which is a tiny corner shop oil play. 

Nice PR but mildly mediocre stock with short legs.

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