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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Post by stanleyon Nov 13, 2020 3:44pm

912 Views

Post# 31896968

Possible Market Drivers for TXP at the Close

1.Could it be related to today's (great) cost control wrt the Legacy Assets? Especially, the positive impact that the recent financing had on the treasury's ability to fund Ortoire exploration, development and Coho tie-in (production)

2. London is closed.

3. Englich cricketers know the defensive term "night watchman". in case there is an announcement (NGC, Cascadura deep1, other) over the weekend.

Cheers
Stanley

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