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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

Touchstone Exploration Inc. is a Canada-based company, which is engaged in the business of petroleum and natural gas exploration, development, acquisition and production. 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. It is focused on onshore oil and natural gas properties located in southern Trinidad. With interests in approximately 145,000 net working interest acres of core exploration and development rights. Its core focus is on exploration and development on the Ortoire block and development production on its five onshore lease operatorship properties (CO-1, WD-4, WD-8, Fyzabad, and Balata East).


TSX:TXP - Post by User

Bullboard Posts
Comment by Malahaton Apr 17, 2006 5:10am
319 Views
Post# 10689874

RE: All dem SAGD projects

RE: All dem SAGD projectsDont forget that if THAI works as anticipated and the in-pipe catalyst cracking system works, the oil will be cracked to lighter fractions saving huge expenses for dilutants, refining and transportation. There will be waste heat that could drive the air compressors, just like automotive turbochargers, or generate steam for start-ups or for producing electricity. Royalties on the technology could be a significant revenue source.I have faith and long money on success.
Bullboard Posts