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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 21, 2020 4:50am
115 Views
Post# 31294400

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

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

Lets see if we can find another use of the word "onerous":

A confident PB responded to a question from the Proactive interviewer, when asked about the TO interest/potential. Excellent interview that has a lot of key milestones that would take us to Christmas in December....recall: Hydra calls TXP NR on Cascadura, "Christmas in July"

Basically PB is saying, "Thanks But No Thanks!" to the majors by saying that he only has to pay $20 million to drill the wells required to deliver the Cascadura gas to NGC. Inferring that on a per share basis, the asking price might be a bit "onerous".

Makes my earlier July 7th(?) speculation, "in the ballpark".

RE:"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? 
GLTAL-GLAP
Cheers
Stanley

 
Bullboard Posts