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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 becker123456789on Jul 12, 2022 8:43am
290 Views
Post# 34817413

RE:Is the EMA costing T&T hundreds of millions of dollars?

RE:Is the EMA costing T&T hundreds of millions of dollars?Guess this is the reason nobody wants to to business in T&T and why Touchstone aquired this supposed golden goose so easily. Oil and gas at all time high and a horrible deal cut with T&T on price still isn't enough. Txp this whole time will be losing out on record prices and will have more dilution if this drags out longer. Paul is still collecting but not earning his money this whole time along with other employees draining this companies value. A lot of finger pointing going on just shows there are many problems. Remember when the arguement that Txp was a better investment than AAV or WCP which are now many multiples higher in price. Get rid of Paul I say. Talks alot of talk but gets nothing done and blames it on others or takes a mole hill and makes it sound like a mountain.
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