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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

Post by Proseleneson Dec 02, 2021 7:41pm
259 Views
Post# 34192727

London shorting update November 2021

London shorting update November 2021
The big circa 9 million share short remains on TXP which continue to explain why the share price is still below 200p - with now proven flowed reserves/resources pointing to over 200p a share value with more to come with Royston-1 2nd and 3rd zones to be tested.

November 2021 figures added.

A small increase again (41K) in the actual short level (percentage same as more stock on CREST). Price being suppressed is ongoing.

TXP Stock on Loan (Shorts) from Euroclear (% borrowed from CREST holdings - average)

Jan 2021____0.52%
Feb 2021____1.23%
Mar 2021____7.14%
Apr 2021____8.65%
May 2021____8.79%
Jun 2021____8.74%
Jul 2021____8.49%
Aug 2021____8.45%
Sep 2021____8.39%
Oct 2021____8.37%
Nov 2021____8.37% (Loaned 8.910 million up from 8.870 million in October)
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