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 > TXP must be running low on cash

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Comment by Proseleneson Mar 15, 2021 9:23pm

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Post# 32804966

RE:RE:TXP must be running low on cash

Basically it was the perfect storm.

March 2021.

IG pulled the plug on TXP.
UK tax year end (April) selling to take profits and also B&B.
March 21 also saw the end of the 4 month lock in from the November 20 placing.

Those 3 events all combined with the delays to testing and we are where we are. But, its nearly over now and loads of news is due now....so sit back and relax and soon, enjoy the ride back up.

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