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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 20, 2020 10:08am
68 Views
Post# 30712462

RE:RE:RE:RE:RE:RE:RE:RE:What’s in it for Shore?

RE:RE:RE:RE:RE:RE:RE:RE:What’s in it for Shore?Lev..... been in this name since 2013, if you knew company history, you would understand shareholders concerns.
We are on to great things now, no one questioning that or fact we needed to raise money but sometimes you gotta take the rose colored glasses off.
TXP is not a start up here. Been operating with real production for years.
There are reasons why this company seems to always run out of money.
Take a look at the six directors total compensation for 2018 vs Revenue after royalties.
Any prudent CFO would see that it is not sustainable for producer this size.
I have not sold a single share and been adding through the years.
We all want to make money here but shareholders have the right to ask questions.


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities