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).

TSX:TXP - Post by User

Touchstone Exploration Inc > Shore Cap update on TXP

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Comment by mjh9413on Feb 28, 2023 10:06am

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Post# 35309439

RE:Shore Cap update on TXP

Thanks Proselenes.
I can see the 2022 rev estimate might be in line but to get to 2023 revs, after assuming legacy oil continues per recent qtr, then isn't the US$60MM additional meaning TXP is producing 41,000mcf/day gas equiv at a US$4 price (and I am not sure that is the price)

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