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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Comment by Geysiron Jan 13, 2011 6:29pm

989 Views

Post# 17969078

RE: RE: Tough Decisions

I am keeping PMG as the price is going up nicely since the dividend reached my account. Also, PMG has great potential for adding reserves.

I have sold over half of my PBG. The price seems to keep falling. I still believe in PBG and believe that some sort of THAI method is essential for heavy oil. I'd even like to see PBG perfect the THAI method for use in creating syn gas from coal that is too deep for mining. I will buy back in when the price stabilizes or after the next big total market drop.

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