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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
Post by jmcoilon Apr 24, 2007 9:05pm
251 Views
Post# 12668366

costs

costsI watched Joseph Schacter on BNN tonight and he discussed several oil sands companies including CLL and UTS. He said they will need oil higher at closer to 70 or 80 dollars for these projects to go ahead. He feels oil will get there later in the year. I think Joseph needs to get on board like Veronica Hirsch and recommend PBG.All these companies will become much more profitable and have their projects running sooner if they use THAI. To me it is only a matter of time. Once the current three wells are all producing people will have to take notice. "Build a better mouse trap......"
Bullboard Posts