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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

Comment by Davidblackgreenon Oct 28, 2020 5:42pm
95 Views
Post# 31800065

RE:RE:RE:RE:RE:RE:RE:RE:I love this post by Mount Teide so I have to reprint it here

RE:RE:RE:RE:RE:RE:RE:RE:I love this post by Mount Teide so I have to reprint it here

Well maybe not bucking but it slipped to no more than the London close so effectively not really down on Canadian trading! 

The additional targets underneath the near surface western production are interesting and I guess can be added to the 20 plus list so far. But probably not time to get too excited as PB needs to find $100m plus to pay for the drills before we might get to see any results.

The interesting question however comes from wondering if there are triple stacked targets on the acreage? Chinook certainly looks to be a candidate for three levels as does Cascadura.

On a "Not great day" it made me smile that the possibility of triple stacked is out there. And to find out we need a big drill!

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