Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 stanleyon Dec 08, 2020 7:09am
213 Views
Post# 32056145

RE:Royston

RE:Royston
Chreca1:

RE"
Now make of that what you want but I'm saying Royston spud as early as April...mark my words !  As no time to waste on this."

-----------------------IMHO-------------

Agreed; HOWEVER, one may not want to overlook the value proposition of:

1. A loomoig...NGC contract

2. COHO connection.. Q1 2021

3. Testing of three "world class" discoveries,

4. Other deliverables, seismic (reduced from Ortoire Bid terms & conditions, Block expansion POTENTIAL discussed at/on an archived  Zoom PI conference).

5. Decision (re 4 for 4) of a dynamic James S. team (meaning all previously announced decisions/sequencing are subject to change) to "re step-out drill" the 4 of 4 discoveries in order to advance production sequencing.

6. Major steps in for TO opportunity.

6. Royston ... maybe (a carrot?)

BWDIK? In TO's timinig is not everything, it is the ONLY thing.  Let me be very clear. In TT you "mamaguy" your host with the prospect of replacing OWTU jobs lost as a result of the PaP refinery closure....nothing more... nothing less. The LaBrea dry dock is a brilliant job "replacement" strategy; however TT needs TXP in the interim.

Who is sitting with an "idle" on-shore plant closer to Cedar Grove than Sando now that Carpal is taken? 

Besides Royston in not a fish! And while the Trini version of Wolf Fish is not "politically correct" the locals might get a kick out TXP so naming one of the "gang of 20/21".

As the calypso goes, "..... if a razor blade falls it could pass below". LOL

Need some "Thumb's Ups" to break 69!

GLTAL-GLAP
Cheers
Stanley
<< Previous
Bullboard Posts
Next >>