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).

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Touchstone Exploration Inc > Interesting Write Up on Touchstone

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Comment by Taffypalmer2014on Nov 17, 2024 12:00pm

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RE:Interesting Write Up on Touchstone

Yes interesting write-up. He makes a lot of assumptions with some missing the mark. He has the 2 new B wells coming on as oil wells when we know they will be targetting the Cascadura gas zones. But with Trinidad geology I guess any outcome is a big assumption. Good on him for giving it his best shot. Over a billion dollar valuation in 2025 which makes it about a $4 share target.

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