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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

Post by Proseleneson Mar 31, 2022 4:25am
224 Views
Post# 34561947

Bank account cash top up..........options

Bank account cash top up..........options
400K options done at 1.47 CAD a share

Thats 588K CAD into the bank account then (358K GBP).


With Coho production less than 8 weeks away, with Cascadura production less than 6 months away, with the company cash flow positive and cash balance increasing, now topped up with options being taken........at what point will the shorter decide to call it a day and close ? or are they, as said before, waiting for the Cascadura EIA to be approved before a takeover offer comes in.

TBH, if I had the money I would try to buy TXP once the Cascadura EIA is approved.........so there must be plenty of others.........
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