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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 jewel1on Mar 19, 2008 12:32pm
634 Views
Post# 14748375

Re: Global Energy Conference-London

Re: Global Energy Conference-LondonI read that their 24 month outlook is Outperform with a price target in the mid-$90.00's, not including taking the THAI technology outside of Canada. It sounds like they were impressed with PBG's presentation. I think that it was clever of PBG to list on the OSLO exchange to obtain exposure to the European Mkt. I think that a lot of the skepticism toward the THAI technology is resistance to change and disbelief that tweaking the fireflood technology, which has been around a long time, could work, as maybe it sounds too simple. When I spoke with John Wright I was impressed by his insistence that the THAI technology does work. Maybe hearing the PBG presentation in person others were similarly impressed.
Bullboard Posts