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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 Proseleneson Dec 02, 2021 7:41pm
281 Views
Post# 34192727

London shorting update November 2021

London shorting update November 2021
The big circa 9 million share short remains on TXP which continue to explain why the share price is still below 200p - with now proven flowed reserves/resources pointing to over 200p a share value with more to come with Royston-1 2nd and 3rd zones to be tested.

November 2021 figures added.

A small increase again (41K) in the actual short level (percentage same as more stock on CREST). Price being suppressed is ongoing.

TXP Stock on Loan (Shorts) from Euroclear (% borrowed from CREST holdings - average)

Jan 2021____0.52%
Feb 2021____1.23%
Mar 2021____7.14%
Apr 2021____8.65%
May 2021____8.79%
Jun 2021____8.74%
Jul 2021____8.49%
Aug 2021____8.45%
Sep 2021____8.39%
Oct 2021____8.37%
Nov 2021____8.37% (Loaned 8.910 million up from 8.870 million in October)
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