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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).


TSX:TXP - Post by User

Touchstone Exploration Inc
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Comment by timmuggson Dec 17, 2006 1:31pm
268 Views
Post# 11881137

RE: Bought Financing/Flo Thru Shares

RE: Bought Financing/Flo Thru SharesMy opinion: PBG trades in sympathy with other energy stocks, so ups and downs are like tidal action. My own opinion is that PBG will not start a true rise until we get more news on THAI. News of further progress will push it no more than 10-12%, IMHO. News that other oil sands players are interested in THAI will push it more vigorously. News that the govt is concerned about despoiling the environment via oil sands mining and SAGD water pollution will also have an effect, but only if it looks like the Conservatives can hold the govt. And who knows about that. As a US citizen, the big question is the value of the buck vs loonie, which could hurt my holdings. We might see weakness just due to the outlook for the Canadian economy.
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