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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).


TSX:TXP - Post by User

Touchstone Exploration Inc > Update is out.......
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Comment by Proseleneson Aug 13, 2021 2:40am
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Post# 33699342

RE:RE:Update is out.......

RE:RE:Update is out.......
Big news is up to 12.5m$ of credit available to be drawn by year end.

So they can now plan their 2022 cash flow in December and then borrow up to 12.5m$..........meaning no Prviate Placing is coming..........

Paul is sticking to his guns and using debt until both Coho and Cascadura are online.

Thats big news........... :)

And Royston-1 is now spudded and drilling ahead..........
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