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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 Mar 25, 2024 7:13am
161 Views
Post# 35950156

RE:PB Discusses Transformational 2023 and the Road Ahead

RE:PB Discusses Transformational 2023 and the Road Ahead
Lurk & Learns:

And how do we "predict" the future value of TXP (PPS)?

Here is one "yardstick" that analysts use. Remember that "stable" stocks are somewhat replicated in their "upstart". In this case TXP is following the dividend paying Brazilian stablemate (ALV) by (say) two years. 

Discounted Cash Flow "Prediction" Simply Wall Street Investing

How do you expand plant capacity from 60 to 90 and thence to 200 mcft to meet the "niche" TRINI shotfall (aka TXP's window of opportunity c/w choking back, uglification wrt the $2.50 ($245 net)) apparently being targated; direct ship not withstanding, plug and play for >200 mcf? 

The (speculated)  Central Block's "bequest"(swap?) for $1 role in TXP's future plans wrt production capacity expansion does come with opportunity as signaled with (initial) planned drilling (in an under drilled but retargeting by years of data and (re) interpretatives since BG the TO days) during the upcoming plant mtce shudown. Recall TXP forecated 40k mcf (???) ?? 

Other options could include the capacity at (PF) ALNG, T&TEC (re) positioning wrt processing, Tobago, Proximity to Pt Galeota landfall, etc, RIo Claro Swap finalization in Q1 2024?.

BWDIK? For the PATIENT long suffering TXP shareholder the future (speculation)  is so bright we might have to borrow Cory Hart's sunglasses. LOL

GLTAL (H2 2024) GLAP Caveat Emptor

Cheers
Stanley

  
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