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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Energy Oil & Gas E&P
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

Touchstone Exploration Inc > Shares Magazine's Opinion of Royston-1 & Today's Test#3
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Comment by stanleyon Dec 30, 2021 5:02pm
263 Views
Post# 34272228

RE:RE:RE:Shares Magazine's Opinion of Royston-1 & Today's Test#3

RE:RE:RE:Shares Magazine's Opinion of Royston-1 & Today's Test#3
Lurk & Learns:

What's this about water in a drill hole? This video explains the purpose EXPLORATION, then DEVELOPMENT and PRODUCTION. When the troll confuse the "stage".. i.e making conclusions at the earliest stage of the three stage proces.. be afraid... very aftraid! 

About the 18 minute mark we learn how technically competent explorers then develop a resevoir. 

Reliance on Experts - Even Shell in ths Case

Caveat Emptor
Stanley
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