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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 moric122on Feb 01, 2022 3:08pm
328 Views
Post# 34386470

RE:Penal Barrackpore Analogy

RE:Penal Barrackpore Analogy

Yah XM super focused on the Penal analogue... Very excited for the reserve report update. 

 

I mean it would be great if they could find a more productive streak within reservoir, but I'll take a couple 100 locations of 500-800 m bbl EUR all day long. Economics look great even with T&T's punitive tax regime. 

 

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