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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 Nov 12, 2020 4:08pm
135 Views
Post# 31886997

RE:RE:Premier Miton took 16 million shares.........

RE:RE:Premier Miton took 16 million shares.........Most likely all placed in the UK actually. With PM coming in for that much the rest would have been snapped up before any transatlantic calls were made. But the good news is North got none and the balance is probably in very strong hands as the broker would hardly have to go below his tier 1 choices. The loose stock tends to be an issue with the placing where they are approaching smaller tier 3 clients who flip on a 5%-10% profit to rotate into the next cheap placing as there is no hold on London shares.

Really great news and PB must have come over as a grade A player.
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