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 > Large oil discovery :)

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Comment by smxmcx2on Dec 06, 2021 6:59pm

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Post# 34204208

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

I agree with your sentiments. What is interesting, and a little concerning, is that they cannot determine whether they are hitting oil or gas. TXP is batting 1000 here. If they think it is oil, it is gas. If they think it is gas, it is oil. Can somebody please explain? I asssume the technology exists to better assess a well that what TXP is using.

On a positive note, TXP continues to find commercial hydrocarbons. It is only a matter of time to determine how high we go.

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