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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 Apr 11, 2024 8:23am
132 Views
Post# 35982870

RE:Trading Summary for TXP for April 10 2024

RE:Trading Summary for TXP for April 10 2024
Lurk & Learns:

As we list with our (causal link) for TXP PPS benthonics, equipment, personnel & technical challenges wrt to drilling mud optimization with the sidetracks not withstanding.

We might want to revisit the checklist of suspects. Today I re-iterate the potential of the Discord and London Exchange boards for posts that speculate who might be selling into any (scintella) positive news. 

Today we might want to visit those (and other) boards to see if we can extropolate the recent trading to a "market overhang" selling by a major shareholder (North being speculated).

Meanwhile, the impatient might want want to review the aforementioned boards for "timing" predictions wrt the clearing of this "overhang". As the (sensible) posters might enlighten us (i.e. besides how these geniuses would replace PB in a place like TnT). Meaning the "take under" speculation is secondary to a "market over hang".

BWDIK? a sustained positive EPS might be ONE or TWO quarters away, as we look foward the quarterly results. 

Meanwhile, Lurk & Learns might want to Google Quinam Beach and look for drone footage and then do some cyphering.

For starters, find the general location of CO 374 & 375, then do a 180 and locate Venezuela and do some interpolation(s) or projection(s). 

Also note the (swap) difference between Coora 1 and Coora 2 legacy Blocks.

GLTAL GLAP Caveat Emptor

Cheers
Stanley
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