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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 stanleyon Dec 10, 2021 1:41pm
199 Views
Post# 34219389

RE:Globe says Stifel sticks with its "buy" on Touchstone

RE:Globe says Stifel sticks with its "buy" on Touchstone
Lurk & Learns:

The AIM closes in a steep ascent; with the W/E fast approaching. Especially with the "experts with O & G experience a working O/T, to sway and tree shake.  No "long" want to be on the sideline waiting for a pull back just in case a "suprise announcement" is made. i.e called a whipsaw! Katie bar the door, and ask the questions that we sent you wrt Test#3, the father of all tests. 

For a bit of a Technical "Inservice"... see how the "pros" actually analyze the data. 

Somtimes the ulterior motive of management to make a cetain decision (announcement) is sometimes a mystery.

However, those looking to see how a Material Balance is actually done. might want to review the following (or similiar from YouTube)

Material Balance re Connate Water

Caveant Emptor

Cheers
Stanley
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