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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 Dow20000on Jan 03, 2025 1:35pm
78 Views
Post# 36386478

RE:RE:Target of $ 1.00 by yearend 2025

RE:RE:Target of $ 1.00 by yearend 2025Margin321
Thank you for your explaination about Taxes in Trinidad vs Canada.
Lets just hope he can get the money to make this aquisition from Shell.
Shell is not going to wait forever for this deal to close if TXP can't come up
with the money in a timely fashion or they will look for somebody else.

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