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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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Comment by matt2018on Feb 12, 2020 8:43pm
124 Views
Post# 30682950

RE:RE:RE:RE:RE:RE:RE:If Cascadura flowed 27 MMcf/d from 162 feet of pay that

RE:RE:RE:RE:RE:RE:RE:If Cascadura flowed 27 MMcf/d from 162 feet of pay that Chreca.... the larger funds don't even look at anything under $1B market cap.
It's only the smaller funds like North that may get involved but even those firms are getting investor pushback on investments in energy exploration.
it's a real problem for canadian O&G.
New groups of investors are not stepping up to buy from all those that wish to exit.
The perfect storm is setting up with brutal timing of a very low price of oil.
Many can't survive with Oil down here.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities