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 > utkant:1000 feet of net pay????? Where the H do you

<< Previous

Bullboard Posts

Next >>

Comment by Utkant123on Dec 21, 2021 1:21pm

153 Views

Post# 34251178

RE:utkant:1000 feet of net pay????? Where the H do you

Ah, there was my error. It should maybe be like 3-400, then you could divide the result by 3 and get about 150-180 million barrels...

You could even factor in about 70% water and lower that to 100 million barrels. Still an offshore find onshore which have not been priced in at all...

Just like the rest of their assets.

Very mucho upsido here!

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages