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Touchstone Exploration Inc T.TXP

Alternate Symbol(s):  PBEGF

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

Comment by stanleyon Mar 25, 2024 3:53pm
173 Views
Post# 35951445

RE:PB Discusses Transformational 2023 and the Road Ahead

RE:PB Discusses Transformational 2023 and the Road AheadLurk & Learn:

Always welcome the thumbs up by the new "learner", when we talk about "uglification" we might come to expect Canada Stockwatch choice of "headline" for SW articles to be dissimiliar to the ones used by (say) Proactive.

Choosing to characterise a writedown of surplus expendetures beyond their useful tax utilization. e.g.

"Excluding net impairment expenses recognized in each period, fourth quarter net earnings were $7,662,000 ($0.03 per basic and diluted share) and annual 2023 net earnings were $8,347,000 ($0.04 per basic and diluted share).

Choosing instead to display a headline, "
Touchstone loses $20.59-million (U.S.) in 2023".  

BWDIK? Sometimes in a "takeunder" an entity might be working overtime to discourage new investor interest. Why some even speculate that in order to get a control position, certain brokers might be working with others for "future considerations"

GLTAL GLAP Caveayt Emptor
Cheers
Stanley


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