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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 Davidblackgreenon Apr 30, 2021 10:03am
187 Views
Post# 33100477

RE:If Shell is having a hissy fit over Coho and the tiny little

RE:If Shell is having a hissy fit over Coho and the tiny littleShell will not a look in as the first buyer on the Royston "Gas" if it comes in. They will have to compete with others.

The Coho issue seems to be that Shell want a commitment for more gas and NGC want a commitment they will take all the gas they are contracted for without any timeout clauses.

Those pipes will go in the ground 10 minutes after the deal is signed off given to lay them now would give Shell the upper hand in negociations.

As to Royston being gas? Well let's see if it in fact turns out to be oil given Coho they called right as gas, Cascadura they thought was oil and Chinook was so certainly gas that they were planning the pipes! And of course it now appears to be oil.

So their "Batting Average" is 1 from 3.

My guess is very oily gas, but I am a coward!
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