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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

Post by Proseleneson Jul 31, 2023 1:08pm
217 Views
Post# 35565058

Malcy..........

Malcy..........

https://www.malcysblog.com/2023/07/oil-price-touchstone-iog-beacon-jadestone-and-finally/

.....Touchstone is now within pitching distance of full-on production so the company are taking no risks by missing any final tests at the facility as they approach the final MEEI inspection and ahead of gassing up the system.

Over at Royston, as noted above, the testing continues in this important well targeting the intermediate sheet of the Herrera formation, the primary target of the well.

I remain a huge fan of TXP and when the gas finally flows there will be an incredible increase in value which is by no means in the share price at the moment.....
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