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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 Utkant123on Dec 09, 2021 8:57am
167 Views
Post# 34213836

RE:RE:RE:RE:RE:Chances of a Private Placing ?

RE:RE:RE:RE:RE:Chances of a Private Placing ?He is FAR better than any of the bashers on the advfn board. How can an oil company go down in value when they do a MAJOR OIL FIND in an oil rich region where there is an oil pipeline 1,5km away from the well head. I keep on wondering how this is possible. There must be an explanation as to how this happens.

And that happens at the same time as the ADVFN forum is overflown with bashers screaming about lack of trust in the management and whatever has nothing to do with the real asset value which is the oil in the ground.

I really hope they blow it out of the ballpark with a 5000 barrel oil test on this next test which is fairly possible in my mind!
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