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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 trikenon Mar 01, 2021 9:52pm
118 Views
Post# 32692104

RE:RE:RE:wildcatter...other options?

RE:RE:RE:wildcatter...other options?I am not disputing the TXP narrative, although off take is not fully clarified.
I am very familiar with the TXP story and as stated previously I have some TXP but a lesser amount. There are always good reasons to diversify, AAV and TXP are apples and oranges.
Wildcatter with whom you are all obsessed appears well informed on gas plays in Canada and perhaps elsewhere, I did DD on AAV and happy with my decision but wish to explore additional options.....there may not be any!

CGT is a fact of life, pay now or later, the latter is best but with pandemic blown Federal budgets an increase in CGT is likely so I sold before year end to mitigate against a tax increase, my new ACB on TXP is 1.80.

The BB works best with an exchange of ideas, going toe to toe for months comparing 2 stocks is idiotic.
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