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).

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Touchstone Exploration Inc

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Comment by Davidblackgreenon Oct 22, 2020 1:20pm

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Post# 31765017

RE:RE:RE:RE:Trying to do a little cash flow crunching for fun so please

Paul Baay said their intention, in August on the release of the financials, was that Cascadura, Chinook and Cascadura Deep (assuming gas) be hooked up together by the end of Q2 2021 so add on an extra quarter.

And Coho 1 should chip in $0.5m a month of cash.

Cashflow by Q4 2021 should be humming!

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