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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 Aug 17, 2020 8:37am
180 Views
Post# 31416589

Trinidad Guardian Business Article-TXP Spuds Chinook-1 Well

Trinidad Guardian Business Article-TXP Spuds Chinook-1 Well
Some here lamenting the delays may want to see the YouTube videos on the rainy season in TT (e.g. Penal Mud Volcono Eco Tours) to see the difficulties encountered in building a pipeline.

As per PB, this is being slowed somewhat by the regulatory approval process, wrt questions on spin-offs.

In addition, the country is still under a quarantine, now being ramped up as schools looks to reopen. The "second wave" being widely anticipated. PB addressed TXP's extreme measures in his last Proactive interview. 

www.oilcapital.com Recent TXP Articles

Point being, patience is virtue even for TXP "investors". Rumour has it that it Rome (aka Ortoire) was not built in a day..BWDIK?

GLTAL-GLAP
Cheers
Stanley
Bullboard Posts