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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 prairie08sheikon May 10, 2011 3:36pm
1027 Views
Post# 18555696

I'm out

I'm outI got in at the low $6.00 years ago.  I saw it go up to the $60's, collapse and go up again.  Then, held on for the shares in PMG.  PMG falling and with dividend and oil up.
There was talk years ago with India wanting to buy into the oil sands with billion or so dollars.  Nothing happened.  Now, mention again, got double or triple that amount and with oil companies at lows, still kicking the tires!!!
It seems that there are buying interests in potash and with what I sold out in oil sands due to take overs, think there is more short term potential there.  If going back into oil sands, then really like STP as they hadgood buys on companies ROH & NPE and got a lot of acerage besides reserves. 
Even PBN, thought of getting out of PBG and using money for that-then, decided not to.  
As for potash, AAA, WPX, PPI, ICP, KRN and waiting for voting results EPO.  In Brazil, formerally AMZ, now NPK-good presentation.  
Bullboard Posts