Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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).

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Touchstone Exploration Inc

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Comment by golf0707on Aug 29, 2006 11:20am

414 Views

Post# 11287840

RE: Board is strangly quiet

I'm waiting to buy too.I think this stock could go a dollar lower though.I'm looking at under $14.00.Geopolitical and weather related events controling the price of oil.You say the board is quiet so is the world right now Iran(although Iran won't suspend uranium enrichment by Aug. 31 ), Nigeria, and the Gulf of Mexico. I don't think oil will stay below $70.00 analysts are spread between $55 and $100 a barrel.Slow updates on the Whitesands is holding back this stock.IMO this is a well run company the last quarter was good and I have faith in THAI.

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