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).

TSX:TXP - Post by User

Touchstone Exploration Inc

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Comment by eliner63on Apr 08, 2008 11:55pm

594 Views

Post# 14951573

RE: what happen to PBG lately?

Before it hit 63, one analyst (on ROBtv-name escapes me) stated that it will be range bound for a while in the 45-50 range until they get some steady production from THAI. With other units such as the Bakken ramping up, the stock is building a strong base, which may go on for a while longer until the whitesands project gets the green-light.

When it traded for months around 8-12 bucks people wondered what was happening back then too.

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