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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Post by jewel1on Mar 13, 2007 9:26pm

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Post# 12413065

Jean Francois Tardiff - Sprott on Mkt. Call

Jean Francois Tardiff from Sprott was on Mkt. Call Tonight and took a call at about 7:10 p.m. on PBG. He said that he doesn't own it, but that some bright investors that he knows believe in it. He said that it doesn't have great earnings, however the reason to own the stock is for its potential, due to its THAI technology, which looks successful so far. If it works, he stated that there is considerable upside. He did not seem to be aware that Peter Hodson owns it in his fund.

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