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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 stanleyon Jun 10, 2023 10:49am
187 Views
Post# 35489903

RE:Cascadura starting soon

RE:Cascadura starting soon
Lurk & Learns + Proselenes:

Pro thanks again for keeping this board factual and informatve. While some recent posters might be much better served by climbing aboard the Discord train.

In the TXP Tweet, the term "pre-commissioning" starting on June 15th; has SUBSTANTIAL significance wrt the "first gas" at Cascadura A. (i.e. as early as June 30th 2023... suggesting in say three weeks AT THE EARLIEST, with (recall: as per COHO, the third party sign-off b4 actual commissioning subject to "slippage"). Also recall, neither the politicains (SY) nor company (PB) will be the one(s) looking to circumvent the safety OP when working with 5000+psi.

BWDIK? This term will normally signify to long suffering (patient) shareholdes that TXP's inflection point is written in (sand) stone from the turbidite fairway. As a rebuttal to those O & G companies who have "passed" on Ortoire gas at a time when "oil" was the main target for exploration teams.

By the looks of things, some HIGHLY PREDICTABLE "tree shakers" & PB "haters" one even flirting with "slander" on a faceless board, possibly unaware that one of the possible uses of the wall of cash c\b to take legal action against the long list of those who feel emboldened (apparently) unaware or unfettered by/with any resultant "consequential(s)" have made their appearance.

BWDIK? Lurk & Learns might want to take comfort in the announcement of the "pre-commissioning"  giving (possible) reason(s) to expect some light at the end of this the Trini version of Knolly's "tunnel" finally getting  "Maintaned by Touchstone" signage. . 

GLTAL GLAP.
Cheers
Stanley
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