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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 Oct 14, 2021 6:23am
232 Views
Post# 34004089

RE:Cascadura facilities fabrication starts........

RE:Cascadura facilities fabrication starts........
Lurk & Learns & Pro:

Proselenes...an excellent summary of the elements/components over at ADVFN this morning, re: summarizing your view(s) of an impending possible short squeeze and possible extrication options open to the (ALLEGED) purloiner. I have sent my own observations (e.g recent price capping, etc) to you under Stockhouse PM messages cover. 

Anyway, always nice to see the (static) Horizontal Vessel Separation Process. However, the absence of a scale (or even NTS caveat), title block (etc) of/on drawing/sketch is a possible oversight? 

Point being, from my own experience, the "layman" unfamiliar with the intricacies of industrial processing, it might be helpful/instructive to demystify the inner workings of the separation (vessel's) main purposes/objectives/functions plus help to explain the cost components\breakdown (attribution) vis a vis NGC's connection to the Ortoire gas versus\with TXP responsiblity for the oil (Heritage) & water (reinjection\re zero discharge objective) in a three component system.

Visual Schematic Representation of a Three Phase Separator

Lurk & Learns may want to pause the video and read the descriptions as the diagram posted by TXP might have great intention(s); but could have unintended consequences if looking to inform an unsophisticated Lurk & Learn "fraternity".

BWDIK? A for apple, B for Bat(or Baay), C for Cat(or CREST, LOL)....D for "dumb it down"; still works wonders for keeping things simple.

GLTAL - GLAP & Caveat Emptor

Cheers
Stanley
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