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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 jmcoilon Oct 10, 2006 3:44pm
358 Views
Post# 11483571

RE: Don’t be fooled by short-term trends

RE: Don’t be fooled by short-term trends Ujack I didn't say the price of oil would stay down. This is shoulder season and the price is temprarily down due to a number of factors. Like most people here I think the long term is up for oil and you have sited some of the reasons for that. The oil stocks have fallen in response to the short term drop in oil and I was merely saying I find this move by PBG on much larger volume than usual strange unless some information is getting out from Whitesands that is positive.
Bullboard Posts