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 JB3729on Mar 17, 2020 7:31pm

146 Views

Post# 30819345

RE:What is the danger Trinidad drops the reguated nat gas rate

"Recall that TXP has an 80% interest in this discovery and are partnered with Heritage, which is the reborn version of PetroTrin, the state-owned oil company in Trinidad and Tobago."

It's highly unlikely that their government would consider giving up one dime of revenue.

Nice video at the end of the blog:

https://hydracapital.ca/hydra-blog.html

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