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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 matt2018on May 11, 2024 5:22pm
50 Views
Post# 36035442

RE:RE:New Press Release - Touchstone Exploration Announces Acquisition of Trinity Exploration and Production Plc

RE:RE:New Press Release - Touchstone Exploration Announces Acquisition of Trinity Exploration and Production PlcTXP stock price back up to where it was when deal deal got announced, in a decent volume day Friday.
Someone likes this deal, perhaps a fund is accumulating some shares.
Strength in numbers when operating in T should be a good thing..
Perhaps these new guys can offer some of what they have learned through the years of opearations.
Looks initially like a positve move, we'll see.
 

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