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Bullboard - Stock Discussion Forum 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... see more

TSX:TXP - Post Discussion

Touchstone Exploration Inc > mindless cheerleaders = 1diotic bashers. The truth
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Post by drunk@noon on Dec 07, 2021 3:59pm

mindless cheerleaders = 1diotic bashers. The truth

lies somewhere in between. Paul has made an appearance. It seems, while not a stellar success, Royston as an oil play could add significant value to the play.  One need not be a technical whiz to realize it's a case of determing the oil water contact level and going from there to determing the size of the prize and the best way to efficiently harness the resource. 5000 bopd of light oil  are as profitable as 90-100 mcf given the 3-4 times better netback from light oil on a boe basis.
Comment by 1Dreamwrecker on Dec 07, 2021 4:33pm
5000 bopd?  and you say I am  mindless?  lol   with that much water, there is little oil, this well will  water  out within 6 months you tools  you don't know much so I will inform you...lol whahaahhaaaaaaaaa  yes sir, 5000 bopd when it tested only 500... it is gonna not only get better than the test, but multiples, that is what you figure do you? ...more  
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