Touchstone Exploration Inc T.TXP

Alternate Symbol(s): PBEGF

Energy Oil & Gas E&P

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).

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Touchstone Exploration Inc > TT Guardian Article re TXP's Interest in the 2022 Bid Round

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Post by stanleyon Oct 13, 2022 5:51am

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Post# 35021509

TT Guardian Article re TXP's Interest in the 2022 Bid Round

Lurk & Learns:

An early scan of the UK boards (ADVFN LSE) does not report the latest on the 2022 competitive bid round. i.e. a Google (of Trinidad Guardian Touchstone) provided/produced PB's recent exchange with the Guardian Reporter Curtis Williams.

Touchstone Updates the TT Guardian on the 2022 Bid Round

Meaning, while the PPS pull back might be a victim of global (colleteral sp, indiscriminate selling allegedly re sector rotation sentiment) market pull back, Touchstone's LONG GAME appears to be intact chugging (or chipping in Trini spaek) along.

Bottomline is T & T is a niche (fixed price gas) market with the state owned NGC, and oil with state owned Heritage.

In addition the geo political tensions (vis a vis Opec+,/Saudi Arabia, Ukraine/Russia, Europe, UK, and US midterms) despite the recent recessionary whispers might just be moot to the Atlantic Trains and the Phoenix Business Park (Point Lisas)

BWDIK? PSEUDO NR's ? Trini's Guardian & Express newspapers might just have snippets of positivity for TXP going foward (say 6 to 12 months). i.e. where the patient MUST revisit a long time investing addage, "it's a marathon not a sprint" as we review the 2022 Bid Blocks YouTube of the NGC Pipeline Network On Offshore/Onshore Pt Galeota to Claxton Bay.

And what that implies (or not) for the paleo depositional sequence and subsequent tectonic restructering/reconfiguring. Kraken, Legacy Lands, etc.

GLTAL GLAP Caveat Emptor

Cheers
Stanley

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