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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 > trouble is D bag management has change the story.
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Post by drunk@noon on Oct 03, 2023 8:30am

trouble is D bag management has change the story.

For years they talked about punching 4-5 wells into casc and producing 200mcf. That's of course 33,000 boepd using the 6 to 1 gas to oil ratio. Now they are talking about a long term 5 year goal hoping to get to 30,000 range of production. These is troubling, considering managements lack of credibiltyrack. . I have been a shareholder for 4-5 years and am of course hoping for success,  so,  don't start yapping about me bashing when I am stating the facts.
Comment by politicat on Oct 03, 2023 9:28am
I think his handling of Royston hurts even more.  He talked up that well as already being 500 b/d and added on the other payzones as a gamechanger and then all zones come up non-commercial.   That was a major league strike out which happens of course but when you build it up th the point that success is very likely .... and then u strike out.   not good.  PB has egg ...more  
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