Touchstone Exploration Inc T.TXP

releasing the testing results for tw uncommercial oil zones

[drunk@noon]

in a desert of any other news exept continued delays in testing ot the gas zones has certainly hurt shareholders. Not managements faults, I guess as it is up to them to release results in a timely manner. This second oily zone is certainly a longshot to provide any material upside, and I don't like the way managment has framed this as promising, which is has lead to expectations of positive results from this flow test--which, like everything else--is taking forever.

[Goaweigh]

Other than timelines which PB has gotten wrong a lot of the time his suggestions or guidence on successful hits has been pretty good so while I can't remember exactly how he described the second oily zone the fact that he mentioned it means it must have a reasonable chance of success so I'm giving it a rating of 60/40 on success/failure.  If the oily zone is successful we may hear

[Davidblackgreen]

Lol "other than timelines" PB appears to have never met a timeline that can't fail to achieve.

[Bully1985]

"This second oily zone is certainly a longshot to provide any material upside" what makes you say longshot? The zone lines up with the offsetting Barrickpore oil field which has a total reserve of 123mmbo/e. Trinidad has a rich history of oil and there is most likely a gas zone above the oil which will be tested also