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 > the liquid to gas ratio is piddly. Once again, daffy taffy..

<< Previous

Bullboard Posts

Next >>

Comment by Taffypalmer2014on Jul 21, 2023 11:38am

183 Views

Post# 35551567

RE:the liquid to gas ratio is piddly. Once again, daffy taffy..

Initial Production is forecast at 90 MMCFD and 2,250 Bbls Cond. Per Day. How do u count that piddly.
At $80 US/Bbl or $105 Cdn that about $230,000 $Cdn per day gross revenue from condy alone, hardly piddly.

<< Previous

Bullboard Posts

Next >>

Two micro-cap stocks with strong fundamentals