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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 Dec 03, 2021 4:36pm
218 Views
Post# 34196793

RE:RE:RE:RE:RE:RE:Canaccord note on TXP.........

RE:RE:RE:RE:RE:RE:Canaccord note on TXP.........

Irritated that the report wasn't out yesterday not because we "Needed it" but rather they have dented their reliability on timescales again unnessarily. Why didn't they just say we hope to have news by New Year and a fuller picture in Q1 2022. No one would have cared.

Anyway a report on the midzone is coming and it's unlikely to be water given the oil below.

Who knows whether it's gas or maybe more oil?

Most likely oily gas of course.

So a short wait and the likelihood is a decent win?

But for now a nervous wait, and hope PB stops predicting timescales where there are too many moving parts. 


An update on Coho would be friendly?


It does feel good though!

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