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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 Skeeter97128on May 23, 2024 5:21pm
131 Views
Post# 36054778

RE:Pipeline for Cascudura on its way to Trinidad

RE:Pipeline for Cascudura on its way to TrinidadI wish I understood the logistics.  Was the pipe ordered a long time ago and is just now ready.  I would think that petroleum pipeline connector pipe is fairly generic, as the specifications have been known for many years.

I appreciate the conservation of cash concept, but is the production startup taking longer than it should?  Starting production a couple of months earlier pays for a lot on interest on purchased materials.

What am I missing?
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