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 > Micheal Blair on Touchstone

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Comment by stanleyon Jan 20, 2023 5:25am

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Post# 35234951

RE:Micheal Blair on Touchstone

Lurk & Learns + Taffypalmer2014:

Taffy thanks for your posting of Micheal Blair's EXCELLENT summary of Touchstone's history despite the possible "confusion" in the opening paragraph. This "confusion" was highlighted/clarified by Brian in the comments. And CCAA not being defined in the first instance useage.

This/these "errata" does not (however) detract from the EXCELLENT summary of Touchstone's evolution to todays POTENTIAL cusp/inflection to a "winner" should his stated caveats materialize.

Unfortunately, I cannot cut and post his entire text; choosing instead to help the Lurk & Learns not adept at cutting and pasting Taffy's link into their browser:

Micheal Blair "Touch Wood" on Touchstone Energy

BWDIK? "Touch wood" means that there are (Trini speak) "boofs" and boquets with Touch wood meaning Caveats Galore (aka obligatory "ifs, ands and buts") and his own justification for his disclosed 30k holding wrt the timing of the cash flow projections for the short (Coho since Q4 2022) Medium (Cascadura/Royston starting in Q1/H1 2023) and long term (2024 & beyond).

Recommended as a must read for Lurk & Learns & potential investors as a primer on the past combined with an EXCELLENT precis of Touchstone's prospects going foward.

GLTAL GLAP Caveat Emptor

Cheers
Stanley

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