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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 1Dreamwreckeron Dec 07, 2021 11:18am
116 Views
Post# 34206370

RE:NOT GOOD if Paul doesn't appear in a webcast shortly.

RE:NOT GOOD if Paul doesn't appear in a webcast shortly.don't worry baay will pay to pump this hole.  it is not a well, that suckin sound is your money going down that hole.  to produce this well, another well is needed to inject the produced water, the road will need maintenance and upgrading to ever produce this one well will cost then another $7 mill, so is that worth it?  the test results are lousy, the equipment baay uses is always lousy junk.  bring in a testing crew without oil testing equipment?  are you kiddin me, this is like a comedy for sure.  glad I took my 400% gain in 8 months and even told yall to do the same and buy aav, it too is up 400% in a year after.. so there was my 1600% return. in 2 years.  I did even better only a few years prior with a 40 bagger.. yep I do know the oil and gas bizz and the posters here most asurdedly do NOT.. even one claimed to run an oil company.. same one that mistakes perm for porosity in a well, also claims to have had over $2 mill invested...lol.. so we know he is lyin his face off here.

you need baay to re-assure you?  do some dd and stop thinkin if Baay says so it is so, as you know he don't read logs well, nor have the smarts to have a geo at well site with equipment to analyze return mud, with a simple good micrscope you would have seen, the oil was in  that mud, it was, they now see it, how the hell do you not see the oil and even say it must be gas, the logs told tell me it was either oil or a tight reservoir, oil in the mud tells ya it is oil. the suttin tell ya it as decent porosity.  

Baaay will take his comedy show back to that investors thing he pays for. and tell ya how the market is wrong here, again.  This is oil, it is good, they can mitigate lots of the water by isolating it behind the casing.   I tell ya tho, don't even worry about all the water, you should not really even go that far, it is weak well that cost a lot, and not being the 100Mcfd well rather maybe 1000 boepd, it is big disappointment.  to produce it will be another $5M+ in costs...  is it worth it?  maybe down the line, not for the next few years, they will want to hunt better targets.
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