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).

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Touchstone Exploration Inc > Chances of a Private Placing ?

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Comment by Proseleneson Dec 09, 2021 9:10am

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Post# 34213886

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

Not sold any.

The angle is......open discussion. Oil and not gas is quite a different situation now. Gas would have been slow development, but oil will be fast track as its far more profitable and under the control of TXP.

Who was the only person saying Royston would be oil..........me.

I think I have a good handle on how things are moving along, and if we cannot discuss this (when a placing is not such a bad thing at this moment in time to fast track Royston exploration drilling and then oil production) then its not worth discussing anything.

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