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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 Binkieon Feb 18, 2022 8:29pm
152 Views
Post# 34443930

RE:RE:RE:RE:RE:RE:Drop in share price

RE:RE:RE:RE:RE:RE:Drop in share priceI hope Baay gives an operational update with the Reserves report including oil sales from Royston. This stock needs catalysts and getting that gas to market to generate a wall of cash needs to be the number one corporate priority. I saw the clip of the processing equipment but it'll ship in a couple of weeks. Didn't Amazon build one if the worlds foremost companies on shipping in a couple of weeks? The lack of urgency after all the delays and missed dates is frustrating. 
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