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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 AliNaimion Mar 31, 2021 5:07pm
158 Views
Post# 32916816

RE:Wall of unpredictability

RE:Wall of unpredictability Good post Samsung17. Yes its tough playing a stock with PB. Although I took a pass since Jan I still view exploration success positively. This is a big confidence shaker in mgt and the premise to own TXP. However taking a flyer on TXP at these levels is not a crazy position. Look next drill hits TXP going much higher. Exploration is a drug its feels great with success but it is a kick in the stomach when unsuccessful. There are so few names that you can enjoy this kind of rush so part of me wants to return to TXP to just feel it.
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