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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 Jul 07, 2021 2:10pm
170 Views
Post# 33506182

RE:RE:FinnCap Update note on TXP

RE:RE:FinnCap Update note on TXP

No it wasn't Coho or the Royston drill being rain delayed that spooked London.

it was mainly the 6 month delay on hooking up Cascadura with its impact on cash flows plus the fact this should have been a Sedar/RNS release and certainly not something passed to a tame broker.

That broker has "Grade A" institutional and high networth clients who will often receive some advanced notice of "How things are at TXP as we are writing a broker note."
 

Were those clients selling from the $1.75 area?

That's why London was very unexpressed.

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