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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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Post by value1on Nov 04, 2013 4:41pm
311 Views
Post# 21875382

They could buy

They could buyThey could buy PDP's for cash flow and probably get all the PUD's that came with for free.  No Exploration risk.  Co's are giving CDN  Nat,gas PUD's away for zero.  Price turns, take advantage and sell or could drill for bluesky.  Havent seen a deer in the headlights BOD like this in quite some time.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities