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 > Eric Nuttall

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Comment by Margin321on May 03, 2021 12:42pm

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Post# 33114682

RE:Eric Nuttall

Timing is everything. Energy sector (including natural gas) has been trashed for last five years. FS Natural gas fund was 23.12 five years ago and is 13.06 today. But the number we are missing is where the sector will be in 5 years. Even if soft (or trash) there is still prospect for TXP to do well based on local demand, fixed price competitive for petrochemical and power companies, and also lucrative for TXP, given likely massive serial rise in production over the next five years. I don’t blame Nuttall for liking TXP. Kind of irrelevant that his track record (like ever other buy side energy analyst) has been terrible over the last five years.

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