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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

Comment by jake1444on Jan 08, 2021 5:28pm
265 Views
Post# 32259369

RE:Wild

RE:Wild

https://www.guardian.co.tt/news/petrochemical-companies-accuse-ngc-of-conflict-of-interest-6.2.1273014.51a65e7a0d


Now Wildcattter if you can sound out some of the bigger words or have someone help you you can plainly read that there is a shortage of natural gas in the country even with a slowdown in the economy. Why would these companies be afraid of supply if there was so much excess as you clearly claim. "Where would 200 mmcf/day be utilized?" Well you clown, it looks as though the petrochemical industry would love to have it. But because natural gas is in a shortage currently as you were told earlier but will not believe, prices are higher thus the inability for Methanex to get the pricing they want long term. 

Low supply, higher prices are demanded. Do you understand this principle you low brow? There is more than enough information in this article for you to realize that your theory of lack of demand is absolutely BS.

If NGC was awash in gas, their prices would be lower and Methanex would be happily getting what they want. 



 

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