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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 stanleyon Jul 17, 2020 12:20pm
120 Views
Post# 31281690

RE:RE:RE:stock wants to go higher and they drilled with no top drive!

RE:RE:RE:stock wants to go higher and they drilled with no top drive!
David:

Onerous..in the Google definition .. I meant it to be wrt the lockdown. And the probabillity of a date certain for PB to spud Chinook with the oversight/supervision of a Canadian or American experience as his first choice.

There could also be a talent pool on the island however, he must want to keep this log close to his chest because the talent pool could mean asking one of the TO companies to "lend a hand". All 100% speculation.

Years ago (~50 yrs) someone working on a rig of a predecessor company operating in the area of the "legacy assets" unfortunately met his demise as a result of a "blowout". 

In 2020 technology this is preventable and nothing says SAFETY than going into the 10k+ ft TD of a deep drill program than KYC (know your conditions) and SEE PLAN UNDERSTAND ACT/react accordingly. e.g. Add a robust top drive and 24\7 technical supervision. 

Might earn PB the title of SUPA CEO? Or is that title reserved for the delivery of 500 B to 1T of Point Lisas  and Point Fortin Trains  feedstock?

BWDIK?
Cheers
Stanley

Bullboard Posts