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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 > Interview with Paul in the papers....
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Comment by Proseleneson Dec 26, 2020 12:41am
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Post# 32183294

RE:RE:RE:RE:Interview with Paul in the papers....

RE:RE:RE:RE:Interview with Paul in the papers....
LOL have got a small oil field in their license area.

However, drilling these deep wells for gas costs money, and its something these small companies do not have.

So a TXP farm in and giving them a free carry on drilling costs would be highly attractive in my view.

Could be a multiple party farm in scenario........where say Shell and TXP set up a JV.......and that JV then goes around the small operators with licenses to bring in funds and expertise to drill for new prospects ?

Lots of things to think about.............
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