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 > Malcy Blog in Text Format

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Comment by filefishon Sep 27, 2023 1:07pm

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Post# 35657297

RE:RE:RE:RE:Malcy Blog in Text Format

Been following the story here for a while and have been waiting for a good entry point.
Started a position at .75 us$
I believe that TXP is investible now that they have cash flow from Cascadura, but a long term outlook is needed..
I have confidence in Paul Baay's ability to manage the development of their Trini prospects.
Yesterdays sale of TXP stock by Chairman Wright concerned me a little but I think PB explained it when he said that some used the Casc news as a "liquidity event" to trade stock. If he sells more I may average down..

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