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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
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Post by stanleyon Sep 14, 2023 7:32am
286 Views
Post# 35635397

Touchstone Delivers First Gas to NGC - Press Release

Touchstone Delivers First Gas to NGC - Press Release
Lurk & Learns:

Sometimes the impatient may not fully comprehend the true/full impact of what constitutes the elements that drive a PPS rerating. In TXP's case, it is sometimes the time taken to attain certain production rates. Point being we are a stage where the "morocoys" are in a conundrum with the rabbits. i.e. the sprint vs a marathon debate.

As restated by Pro & others at this stage of the rerating process there will inevitably be the push/pull of the time immorial traders versus the long term investors. And as previously mentioned, the long term investor will only "take the plunge" based on GAAP quarterly EPS as many entities have guidelines that constrict their purchases. 

Touchstone Delivers First Gas to NGC - Press Release

BWDIK? 

GLTAL GLAP Caveat Emptor
Cheers
Stanley
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