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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
Post by stanleyon Mar 03, 2020 6:10am
133 Views
Post# 30759525

The Bridge to Somewhere

The Bridge to Somewhere
Chreca1:

Digression: i.e. a commercial as we await "news" on Cascadura.. etc:

Thanks for the pic and mention of the Fyzabad Cadets wrt TS sponsorship. Proof positive that PB is committed to supporting the local (plus Rio Claro) community. In 2022 and beyond, however can we see an HQ/FO in either of Mayaro or Sando; or even both? Based on the expectation of eleven(11) possible drill sites, using today's technology, along with AWDC design papameters.... LOL

Incidentally, "Fyzabad Junction"(FJ) is historically significant for the ROTT as it was the birthplace of the "Butler (political) Party"... the namesake of the island's major North-South, "Uriah T. Butler Dual Carridgeway" (aka Brit term for a Four Lane Highway or TT's version of the 401 in TO).

Speaking of Legacy Assets, in the early days, TS's predecessors, ?? Premier Consolidated Oilfields (PCO) would pick up some of their workers at FJ. In addition the Oilfield Workers Trade Union (OWTU) established a union hall in FJ.

Someone mentioned that Touchstone(TS) is paying twice the going rate for local trades hired to work on the "Bridge to Somewhere". Wouldn't it be nice to know the size & location and estimated cost of this bridge mentioned by PB in his presentation(s).

Because, even in O & G Exploration (as the saying goes), "size matters". Point being, in the rainy season some TT rivers (notably west central) are prone to overflowing their banks. Thus if the bridge was designed by/at TS's Calgary Office or Local UWI/TT engineer, it might be based on a "pay-back" calculation. And if the probability of P4 (2 x P2) discovery & attendant production potential is extremely high it could be indicative of TS's expectation(s) for Chinook & Royston and their seven(7) other targets. 

All 100% speculation as Skinny Banton's (the Mighty Sparrow's countryman's) recent "Road March" contender would say, "Wrong Again"....... the chorus still resounds in my head...............
 
 "What I do Wrong Again lawd, Tell me what I do wrong again,
People calling me name lawd The say I get it "wrong again" (censored) lawd"LOL

GLTAL-GLAP
Cheers
Stanley
Bullboard Posts