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 Jul 11, 2007 11:52am

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Post# 13070387

Peter Hodson-PBG-Small Caps-BNN

Peter Hodson from Sprott took a call today on PBG at about 12:47 on the Small Caps show. He said that he still owns it and likes it and if all continues to go well he has a $50.00 price target on it. He said that he doesn't use stop losses. If he doesn't like a position he just sells it. He said that he previously made a lot of money with a previous company managed by the same CEO.

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