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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 stanleyon Mar 14, 2021 11:50am
119 Views
Post# 32794897

RE:RE:Trinidad Airport Preparations for Border Reopening - Update

RE:RE:Trinidad Airport Preparations for Border Reopening - Update
Chreca1:

Does that mean if I do not retract my reference to "wonderful youngsters" that I'll lose my only sure "like"?

Well I'll have to beg for likes by switching to the other side and comment (ad naseum) on why PB is not meeting/delivering on the promises that he made x hours, days, weeks, quarters, H1\2, years, 5 years ago, etc). 

As many others have tried to warn the "youngsters" Critical Path Management (CPM) has a plethora of reasons for "slippage".... today we might (eventually) learn that rain in the dry season in not a welcomed addition to the list.

But as the "experts without O & G experience" might be wondering what they might be missing, let's see:

In Planning and Scheduling, the cardinal sin is using the wrong assumptions for a particular timeline. So in Planning (daily, weekly, monthly, quarterly, annually, 5 year, 10 year and life of project up to and including progtressive and final rehabilitation/reclamation as in Alberta) the data should match the particular time stamped schedule. A FACT that appears to be well understood by the persons (GLJ) responsible to bring some LEGAL objectivity to this disconnect.

BWDIK? Managing expectations is a tough go in today's CPM, much less, when we have a mismatch of macotiously derived "speculative data" versus "TXP's confidential information" 

GLTAL - GLAP
Cheetrs
Stanley

 

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