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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

Post by drunk@noonon Jan 01, 2021 7:30pm
272 Views
Post# 32208191

Why is the head honcho only talking about 5-600 billioncf's

Why is the head honcho only talking about 5-600 billioncf'swith a potneital of only a trillion on the whole block IF royston comes through. I though with the sucess of chinook we would be at 5-600 billion. And at least 250 million for the casandra deep.
I,e I would thinik 800 billion would be a best estimate figufre by now. Is he being overly conservative or has the stockhouse and LSE BB been overly optimistic.
-any useful  input appreciated
 

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