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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 WCWiteration3on Jul 19, 2021 11:23am
101 Views
Post# 33569215

RE:Royston - getting to know the "beast".

RE:Royston - getting to know the "beast".what's that... easy to tie production in??  where have we heard that before..lol.. your pumpin knows no bounds, billion here and there...lol.. so tell me, why are they  not selling large amounts of gas?  and TYrinidad is so anxious for this gas?.. they got one of the worlds largest gas resource and they need coho.. all 10 Mmcfd.. and someday cas1 and 2.. but that might be years away,.. I have told you before, TXP is not selling into the desired market, those gas plants in the industrial park.. that is what txp needs.. but there are several gas fields waiting for that market too.  you see, Trinidad is a huge gas producer.. it is not in any need for more, it does want gas cheap tho, so it is a race to the bottom and not is not such a wise use on my money...lol

actually, I am in cash, sold all my oil stocks just a bit ago... posted on kel baord I think..  like my selling here at $1.85 gon on a year ago..lol.. since I had doubles and then did it again..lol I did it agin..  selling a bit ago seesm to be another gem.. today it is blood in the sector, suggesting it is a good 30% drop in choice stocks to re-enter in the next weeks..

So all this cash.. goin put it to work alright,, but where?? hmmm.. made alright with txp before, a 4 bagger in  6 months was great alright, but I see the same thing a year later  the same assets, just a useless second well into cascadura, useless to value.  Next well will be pumped to the unwashed masses.. so folks here and others will buy the hell out of it.. but is there value here?  certainly not, the reserve report should have shakn your head.  there is no multi tcfs..lol.. and worse of all.. there is NO sales of gas... ZERO and really only 10 Mmcfd coming online with ceratinty, selling into the grid.. not the market for the big sales

hell maybe Baay does a rig site rpeot weekly. daily even.. sgowin you all how it works ..lol.. learn ya something, 

one final shot.. at.. proleses.. or whatver... you post too much and so much is pure pump.  you should be ignored.. it is often in error and bordering on, what the hell do you know..lol
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