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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 Dec 23, 2024 11:25am
31 Views
Post# 36375105

RE:RE:RE:RE:RE:RE:RE:RE:Company main value is it's Casc reserves and they should

RE:RE:RE:RE:RE:RE:RE:RE:Company main value is it's Casc reserves and they shouldthanks margin.  Lets see if they can get the bank loans for what they want to do.
Just hope this isnt another Trinity debacle, where they invest money into this acquisition and then dont/cant go through with it.
Not a lot of runway left for this group to not get it right anymore.

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