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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 matt2018on Feb 20, 2020 7:49am
70 Views
Post# 30711796

RE:RE:RE:RE:What’s in it for Shore?

RE:RE:RE:RE:What’s in it for Shore?chreca.... I am also exited for the future prospects and the great things that are happening but at the same time you have to call management out when warranted.
I am all for management taking hefty pay increases if the business is doing well and the cash flow can support it but I am not for increasing the share count to support it.
There should always be a priority on keeping that share count as tight as possible and PP used only when it is going to increase shareholder value through investment in assets.



Bullboard Posts