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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 iwindaily780on Dec 06, 2021 9:45am
213 Views
Post# 34201708

RE:RE:RE:RE:Large oil discovery :)

RE:RE:RE:RE:Large oil discovery :)Stan, Pros, Margin - another sad day. The results don't matter here, only the optics - we were told large gas discoveries at chinook and royston, and we got nothing of the sort. The market hammered them for again getting it wrong, and also for the long delayed timelines we always see. Noone can trust this company or their news releases anymore, the only thing we can trust is concrete test results, which is a damn shame. It's crazy to think txp should be at double the share price it is if the public optics were handled properly. If they didnt give us terrible timelines and fake promises. Sad sad day for me, I lost alot of my own hard earned money on this news release, just a damn shame. 
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