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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 > PB Update Investors (re E2P transition) to Steady State Prod
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Post by stanleyon Nov 17, 2023 8:01am
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Post# 35740690

PB Update Investors (re E2P transition) to Steady State Prod

PB Update Investors (re E2P transition) to Steady State Prod
Lurk & Learns:

As TXP transitions fron an Exploration company to a PRODUCTION company, the buffeting typical of this (PB's understated concession...frustrating) transition is to outlined in detail on December 17th.

Lurk & Learns listening to the "nauseating experts without Trini O & G" on other boards might be well advised and move to the listings being promoted by said "experts without hidden agends".

Point being, the SPECULATION continues to favour the (nubie & long suffering) TXP holders expecting a market rerating (to a 20 year FCF) as per the upcoming Dec 17 forecast...DETAILS being based on the data currently under accumulation, as we speak. BWDIK?

A YouTube version of PB's Q & A attached:

PB's Q & A Updating Investors on Upcoming Production

GLTAL GLAP Caveat Emptor
Cheers
Stanley

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