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).

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Touchstone Exploration Inc > Boots all re-filled...

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Comment by Margin321on Apr 07, 2021 3:29pm

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Post# 32950952

RE:Boots all re-filled...

ha ha. Overriding curse of optimism has gotten me a few times too.

Lloking back I have had a few companies go belly up despite my rosy views.

But in looking back (over decades) I have never had any company go belly up with ZERO debt and $17 million in cash to carry them forward to an already proven (but not yet producing) resource that will supply a wall of cash.

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