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 JJ1984on Aug 14, 2020 12:26pm

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Post# 31409081

RE:RE:RE:RE:RE:RE: Touchstone summary by Malcy

https://m.youtube.com/watch?v=AJ_xiN86oXQ
a target of 6 months to bring on coho as of this video on nov 18th....
yes your right coho is not the wall of cash reference. But getting something tied in on time and generating cash flow might help the company's shares from sliding after another flaccid NR like the one they just put out.
financing for O&G has changed, they just don't want proven reserve estimates.... the actually want income generation from wells! Crazy I know, maybe all the Write- downs and bankruptcy making them change their tunes..

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