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 May 26, 2007 7:22am

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Post# 12843511

Michael Smedley-PBG Call-Mkt. Call Fri. P.M.

He took a call on PBG towards the end of the 7:00 p.m. show on Mkt. Call on BNN. He was positive about it and Petrominerales. He stated that he does not have model prices for stocks, however he sees no reason why PBG shouldn't go higher. He discussed its THAI technology. He prefers it and other smaller stocks to Talisman he stated, when addressing a call on Talisman.

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