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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 > New NGC deal............
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Post by Proseleneson Oct 08, 2023 7:42am
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Post# 35675061

New NGC deal............

New NGC deal............
Hopefully this is the precursor for a new pricing deal between TXP and the NGC.  Dont forget, every forecast is currently on the 2.5$ pricing, however, TXP are trying to renegotiate to get 3$+.

This new deal NGC to PLNL being signed, might open the door now for TXP to get their price increase.  Any increase in the gas price TXP to NGC will have very significant effects on the cash inflow in future for TXP.


https://media.ngc.co.tt/ngc-and-plnl-execute-a-new-gas-sales-contract


NGC and PLNL execute a new Gas Sales Contract

Oct 4, 2023 | Business and Business Development, Downstream Ventures and Development

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Dealroom for high-potential pre-IPO opportunities