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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

Post by silverTon Sep 28, 2021 8:18am
163 Views
Post# 33929463

supply / demand

supply / demandEurope and especially England are having an energy shortage , they expect a long cold winter on the way. England has an energy cap on what suppliers can charge it's customers and now most of these companies have or are closing there doors because they can't compete . I also expect the US to be in a similar position just like what happened in Texas , the whole thing looks FLIMSY .

I guess what I'm saying is TXP is a good place to be and prices will be renegotiated 
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