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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
Comment by Chreca1on Feb 16, 2020 12:21am
118 Views
Post# 30696560

RE:A Valuation.

RE:A Valuation.Well, be careful reading those Brit BB´s as they have now gone into a kind of energetic exuberance mode of late throwing out round buy-out numbers in the pounds and dollars over there.
I don`t like to see that kind of behaviour among retail investors at all.
All sort of things can still happen here, although I do like to cheer on the results up to this date for sure (as can be seen here on this BB from time to time).
I`m very careful not to take out any additional future successes in advance, this is afterall a high risk sector and we are still early in the proving up phase and we are still awaiting answers from the company on the kind of financing for the next two wells etc etc.




Bullboard Posts