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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 drunk@noonon Mar 31, 2022 2:19pm
152 Views
Post# 34564007

A measly 70 bopd from Royston well. And that's after, what?

A measly 70 bopd from Royston well. And that's after, what?6 weeks of production. Yikes!!!!
cassandra etc justify current share price, if they ever come online, hopefully by the end of the year. 
The ony new news was bad news. Will buy more, only if and when they come up with a successful Royston oil well, becasue quite frankly getting 2.70 mmcf compared to $100 plus oil just doesn't do it for me.
And if you're calling me a basher, I am long and was hoping for some good news on royston oil, as it would all be gravy to current share price. Unfortunely the only thing was got out of well one, was hope for success for the next well. 
The share price is reflecting the lack of any good news.
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