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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 > Cascadura (~$US 2.50 fixed price gas) in 30 days?
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Post by stanleyon May 30, 2023 4:10pm
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Post# 35471004

Cascadura (~$US 2.50 fixed price gas) in 30 days?

Cascadura (~$US 2.50 fixed price gas) in 30 days?
Lurk & Learns:

Broker 73 accounting for >100k of the selling of TXP today, we've seen them before. TXP PPS very resilient. i.e. The $0.02 "drop" today despite the foregoing sentence.

However, a scan of the results of the world price pull back might somehow put the foregoing sentence into perspective.

Bloomberg's Summary of Today's Oil Activity

Somehow the (alleged) "leak" of the T & T bid round will have to wait for a "gap" analysis wrt official results; especially where TXP's earlier swap had Touchstone's Ortoire Block & and contiguous (Rio Claro Block off-set) "plate" (or in Trini speak) like a leaf at an (East) Indian wedding, loaded with dhal, rice, curry chicken, punkin' boulders and buss up shut from the Chulha Queen. RSVP (again in Trini speak roti serving very plantiful)

BWDIK?  June starts on in two days, Thursday, with Cascadura (fixed price gas) in bharrat leaves in (maybe) 30 days. Ram Sita Ram!

GLTAL GLAP Caveat Emptor
Cheers to the patient shareowners
Stanley

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