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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
Comment by daveinmarinca1on Sep 27, 2007 4:38pm
388 Views
Post# 13482865

RE: Where''''s the 1000 barrels a day?

RE: Where''''s the 1000 barrels a day?Remember, PBG is getting set to go commercial with a 10k bpd THAI module followed by a series of expansions to 100k bpd. The industry isn’t going to JV/license until they’ve demonstrated commercial. Taking their time now to get everything right is the priority…that THAI works is behind us….covered in the AGM and every technical presentation since….snad problem solved….more than adequately covered in the Pareto presentation. I speculated a while back they may be tweeking things < https://www.stockhouse.com/bullboards/viewmessage.asp?no=15558399&tableid=0 > for the commercial phase, but regardless of my musings, these guys, IMHO, are making the right decisions. I agree with wintersun……whatever one’s meds of choice are, time for a dose…..patience is the word of the day….permit application for the 10k module, due before year’s end, will give us a better idea of what the future looks like….enjoy :<)
Bullboard Posts