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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 matt2018on May 11, 2024 5:22pm
77 Views
Post# 36035442

RE:RE:New Press Release - Touchstone Exploration Announces Acquisition of Trinity Exploration and Production Plc

RE:RE:New Press Release - Touchstone Exploration Announces Acquisition of Trinity Exploration and Production PlcTXP stock price back up to where it was when deal deal got announced, in a decent volume day Friday.
Someone likes this deal, perhaps a fund is accumulating some shares.
Strength in numbers when operating in T should be a good thing..
Perhaps these new guys can offer some of what they have learned through the years of opearations.
Looks initially like a positve move, we'll see.
 

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