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 Chreca1on Dec 22, 2020 11:37pm
130 Views
Post# 32167126

RE:RE:RE:RE:RE:RE:Perplexed

RE:RE:RE:RE:RE:RE:PerplexedMaybe I should add by undervalued I mean, the upcoming/future exploration is completely disregarded in the present valuation and provides pure upside and a very great one too needless to say. It's also worth remind us that the already succesful exploration wells have to some degree derisked the future 21 prospects, how much is anyones guess but they are derisked no doubt as the geological model has been proven by now and to the upside !
Now what I want to learn of is how will the next phase of the Ortoire exploration look like after Royston ? As far as I know there will be no development drilling at Casca/Chinook until they are put on production so with cash on hand and hopefully at least one rig maybe two available during 2021 what's the plan on those 21 other prospects !?
<< Previous
Bullboard Posts
Next >>