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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 Margin321on Apr 15, 2022 3:12pm
187 Views
Post# 34606773

RE:RE:Paul Baay at the UK Investor Show

RE:RE:Paul Baay at the UK Investor ShowI agree with everyone,  glad that the investor presentation in London will be in LATE May.

If I was Paul,  I cetainly would not give a single additional presentation until TXP has had a little first gas celebration, That should include  TXP leadership,  Energy Minister Young (he has promised to come), officials from NGC,  other local officials, local community representatives, even someone from Shell.  I would hold that event at the Coho well pad as the spigot is turned!  Then pop a bottle of Champagne (or better Kraken Rum).   Even better if that little celebration comes a day or two after the Cascadura development plan is accepted. I cannot see why Minister Young could not help make that happen.

And THEN head off to London. With lots to talk about including solid evidence of progress on current priority of ramping production from Coho and Cascadurs (plus a little from Royston long term tests)  which will lead to wall of cash that will totally fund a continuous drilling program that will include development wells on current discoveries and the four well second phase of exploration drilling.  And further develoment wells as the plans for more recent discoveries and discoveries yet to come are worked out. 
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