Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 aristotle101on Apr 16, 2008 6:18am
510 Views
Post# 14975071

That was Greg Wright......?

That was Greg Wright......?Right at the end of the interview...."That was Gregg Wright...."?

Anyway for watch they are worth,
here are my notes/thoughts on listening to the interview.
Obviously I could be wrong, made errors, so not to be taken as fact.

I would have liked to hear a little more word on how THAI is going.

However, the CEO did make reference to Petrobank being able to quickly"revitalise" the oil industry around Lloydminster by being able torecover oil that was previously not recoverable.
He makes reference to the fact that only 10% of the recoverable oil has yet been recovered from the Lloydminster workings .

Could this indicate soon to be released news regarding THAI?. IMHO it may.

In Saskatchewan a total of 650 wells drilled by year end, including joint venture wells with partners.
Oil last  from Saskatchewan increased to 12000 BOD currently.
300-400 Million dollar investment to be made in Saskatchewan.
15-20 year lifetime for area.

Regarding Petrobank share price and potential for price movement:
John Wright indicated that the May release of Q1 2008 figures would indicate continued growth.
"Everything in alignment".

All in all and encouraging story IMHO.
Glad to see a decent  share price rise over the day.
Lets hope it continues.

Regards
Aris.
Bullboard Posts